just wondering if this senario is unusual, we have been going through the process of selling our apartment for the last number of months and it has been frustrating to say the least. We went sale agreed at the end of February with the booking deposit with the estate agent approx March 5th. We weren't in a huge hurry to close originally however after about 6 weeks we started to put pressure on our buyers to sign contracts. for about two weeks they claimed they had signed them but still hadn't sent them (which was of no use to us). We issued an ultimatum for today saying we would withdraw from the sale if we didn't receive the contracts and an agreed closing date of June 1st. My solicitor informs me this evening that yes contracts have arrived to him signed with the agreement to close by June 1st but WITHOUT the 10% deposit. Solicitor isn't of much assistance saying he has on occasion come upon this before. The purchaser is claiming that she want to get 100% mortgage to be drawn down on closing, however we also believe she is an investor (didn't think they could get 100% mortgage)
would anyone have any ideas what they may be playing at?
If we sign without the 10% what does that mean
any ideas would be really appreciated
ps i do appreciate selling an apartment in the current climate does not put us in the strongest position
would anyone have any ideas what they may be playing at?
If we sign without the 10% what does that mean
any ideas would be really appreciated
ps i do appreciate selling an apartment in the current climate does not put us in the strongest position