maree_bradross wrote:
I would reduce my offer by what it is going to cost  you to have the issues rectified or ask for the vendor to rectify them prior to settlement at your original offer price (that is if you still want the property?)

Can I? I wish I could do that. The contract has been signed by both of me and the vendor.

JacM wrote:
Well if you don't proceed, your mortgage broker doesn't get paid at all.  So his advice at this point won't necessarily be in your best interest.  If you don't proceed, your solicitor will earn less money.I would probably call another solicitor and ask them what they would do in this situation.  It is generally better to try and us…[Read more]

I forgot the exact wording. It think it says "subject to financial approval", and nothing is mentioned about acceptable to the purchaser. The bank has not seen the building inspection report. I don't know whether the finance still be available if they saw it.My solicitor just told me to accept that property. Even the brand new property has some…[Read more]

Yes I have signed the contract of sale. The agent asked me to sign the contract when making the offer. Yes it is subject to finance and pest and building inspection, which I can get out of the contract if there is a major structural defects only. The house is in Broadmeadows, and the land is around 300m2.