A
aflemin2
Guest
Am a first time buyer and have paid deposit and signed contract on a house.
On the morning of the planned closure, my solicitor did a search on the Vendor and found that the vendor has a judgement outstanding on him for 18k. Vendors solicitor says vendor is "disputing" the judgement. I believe the judgement has nothing to do with the property in question and vendor is wealthy.
Solicitor tells me that he can't close the sale until vendor agrees to pay judgement.
Money has been drawn down, contract signed.
What are my options? Can i get out?
Should my solicitor have seen this coming?
On the morning of the planned closure, my solicitor did a search on the Vendor and found that the vendor has a judgement outstanding on him for 18k. Vendors solicitor says vendor is "disputing" the judgement. I believe the judgement has nothing to do with the property in question and vendor is wealthy.
Solicitor tells me that he can't close the sale until vendor agrees to pay judgement.
Money has been drawn down, contract signed.
What are my options? Can i get out?
Should my solicitor have seen this coming?