Steve
PM’s are great- they allow interaction without getting your head blown off and sharing of detailed information- which may not be relevant to the discussion at hand.
CHAT ROOM would be good too.
Piper

We seem to be distracted from the issue- of negligence here. What is the course to take should be the proper focus.
I would quickly ascertain formally if the buyers are going ahead with the contract otherwise prepare to put it back on the market to minimise my damages- of course with my independent new solicitor’s advice..

Just my 5 cents worth
Piper

In my view and the way I look at it:There are two people at error here; your agent who did not collect the bond and your solicitor who did not see that the bond was in place already by the time the contract was executed.

The buyer’s broker may have misled your REA that he had it with him- but that is for yor REA to go after him. there is no direct nexus betwen you and the broker.

If it happened to me I would do as follows:
1/ get an NEW independent solicitor to write to my current solicitor/conveyancer AND RE agent and get a written explanation from each of them
2/ DONT attend the meeting scheduled by the conveyancer to meet her solicitor ( It seems a rather good position to compromise my nterests here)BUT rather get ( 1) done and that way i will ferret out the guilty parties formally and not expose myself at meetings and say silly things which MAY prejudice me in some way or other. Who knows that unless settled fairly, this matter may end up in the Courts. but the less I expose myself( and we tend to do that unwittingly) the better.Better to let the independent NEW solicitor handle it.
Yes it will incur some costs- but they will be incurred anyway, because this is a classic civil case here happenning, as I see it.
For all I know it may only be few hundred dollars but they will be worth spending than compromising my interests later on.

I would ALSO CONCENTRATE on the remedies to pursue for damages claim.
Good Luck/piper

where is the property?
piper

HI
You are absolutely right about the VF association – only for Sellers. Any members here whoa re doing this kind of work??

I am also LOOKING FOR WRAPPERS in Sydney and also GOOD, experienced, Specialist( if possible) Solicitor doing L/O and Wraps work in Sydney./Tks Piper

Hi all

if it is Wrap- ie private vendor financing- how does LMI come in? is not LMI normally involved in where you get commercial funders/ finance cos etc- whether on LoDoc or No doc etc? My immpression is Wraps is from private individuals/companies who want to sell and give you the vendor finance.
2/Q:If i were to become a Wrapor- is it easy to get LMI on the property and get the Wrapee to pay for it?
3/ Anyone knows inwhich state there are a lot of properties available on wraps basis?
TQ/ Piper