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  • Profile photo of WAMEZWAMEZ
    Member
    @wamez
    Join Date: 2008
    Post Count: 4
    October 13, 2008 - 2:47 pm

    Thanks again.

    I will go to a solicotor to have read over it.

    some points for thought: 1/ off the plan purcahse 2/ deposit is not yet due (no money exchanged yet) 3/ approx settlement 2 /12 years time.

    many thanks again. any other points to consider?

    Profile photo of WAMEZWAMEZ
    Member
    @wamez
    Join Date: 2008
    Post Count: 4
    October 13, 2008 - 9:20 am

    Bardon – the site is not even ready for site works yet. the building will be ready in 2 1/2 years time. so lets say we some how get a deposit how would this work?

    thanks

    Profile photo of WAMEZWAMEZ
    Member
    @wamez
    Join Date: 2008
    Post Count: 4
    October 13, 2008 - 9:18 am

    Thanks for the feedback – to answer some of your questions –

    Looked into the deposit bond really cant be achieved.

    No subject to finance condition from the time we signed the O&A to what has recently happened in the world there was no doubt we could place the deposit down. lesson learnt on that one for sure.

    so i guess i leave it to the vendor now regarding what actions they may take. what sort of compensation could be applicable? the one thing that i feel is kind of on our side is that the apartments here in WA in the city are still been purchased and i hope we come out of this ok.

    any other thoughts comments apart from the lesson to be learnt from this??

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