When To Instruct Solicitor
Posted 20 March 2012 - 06:50 PM
Posted 20 March 2012 - 07:08 PM
All parties want the best price.
I would wait until my offer was accepted, then make sure the property was taken off the market as a proviso.
You mention a builder has interest.
How do you know that???
These should not be used a a definitive answer to any posts I attempt to answer.
Posted 20 March 2012 - 07:12 PM
14 days from when offer is accepted. The risk is that if you get gazumped, you lose money paid to the solicitor.
Also, 14 days doesn't sound enough to do a proper search (contaminated land, subsidance, floods etc). That's high risk too.
Those are not the only reasons that you should stay away from that deal. By the sound of it, you are not a pro. It would be very risky to pay more than a builder. If a builder, armed with tradermen at discount rate, thinks a property isn't worth certain money, he would be right. And I would not disagree with him. I would walk away.
Posted 20 March 2012 - 08:19 PM
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users