My offer on a house has been accepted and the estate agent is putting pressure on to get a deposit of €10K asap.
I want to know what does this €10k mean - i.e. is it subject to survey etc. and is it reimbursable if I'm not happy?
Should I get my solicitor involved at this stage before I right the cheque for the €10k?
Thanks
My offer on a house has been accepted and the estate agent is putting pressure on to get a deposit of €10K asap.
I want to know what does this €10k mean - i.e. is it subject to survey etc. and is it reimbursable if I'm not happy?
Should I get my solicitor involved at this stage before I right the cheque for the €10k?
Thanks
Usually this deposit is subject to contract and subject to survey - I'd put these phrases in bold at the top of the letter you write to accompany your deposit cheque. That way if problems occur or if the survey is unacceptable you can renegotiate or walk away and get your deposit back.