This is the legal part of the sales process when a property is sold by private treaty or auction. There are two copies of the contract, one for vendor and the other for the purchaser. The purchaser and vendor can negotiate changes to the terms in the contract prior to signing which can be done through their solicitor. Each party signs a copy and then …
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Once an offer has been formally accepted and the vendors and purchasers agree on the terms of the sale, contracts are signed by both parties, a deposit is paid and then contracts are exchanged. The contract is now legally binding. There is then a 5 day cooling off period. After this time the sale/offer cannot be withdrawn. There is no cooling off period if you …
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Once an offer has been accepted, contracts are signed and exchanged, the purchaser has a 5 day cooling off period to withdraw from the sale. This period commences on the day of exchange and expires at 5:00pm on the fifth working day following. If the purchaser withdraws from the sale during the 5 day cooling off period they still need to pay 0.25% of the …
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Christmas has slowly crept up and is now coming to the forefront of peoples minds. Home owners often seek advice on if it is best to list their property before Christmas or in the new year. There are many factors to consider but it depends on the property and your circumstances or deadlines. To help with your decision, here are a few points to help …
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There are a lot of things to consider when selling your home, method of sale is one of them. The two most common methods of selling Real Estate are Auction and Private Treaty. Read our eBook to find out more about Methods of Sale or talk to one of our experienced agents who can give you advice on which method is best for selling your …
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