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  • Profile photo of wannadowannado
    Member
    @wannado
    Join Date: 2010
    Post Count: 4

    Just a further reply to Linar after dropping back in and rereading.

    You ask what losses I have made as a result . For starters I reorganized ‘everything’ in my life for this sale – and went ahead with a contract on a new property and contract .
    The fact is I was told by solicitor and buyer , sale was definite .
    Obviously the deposit goes to me later if buyer backed out of an unconditional contract , to cover my wasted costs and as my compensation . That’s what the damn things are for , security .
    I couldn’t go ahead with a buy once but luckily for me the seller returned most of my deposit but did retain $5000 of it.

    Secondly , I reorganized serious finances because of being told by solicitor and by buyer the sale was safe , and that reorganizing costs me an extra $1200pm so x 3.5 mths thats $4,200 so far since the sale started !
    I set that up that way short term as in the long run although it was much more expensive , because of this sale , once through I would have payed that out rather than refinancing it to much lower repayments just for a short term .

    Thirdly , I now have a bloody large solicitor bill – for nothing ! And then there’s the stress it’s caused , hours and costs in time and phone calls , my new purchase is bugered so more stress – costs and time there .
    I thought I made all that well and truly clear post one too !

    Cheers

    Profile photo of wannadowannado
    Member
    @wannado
    Join Date: 2010
    Post Count: 4

    Thanks for the help guys muchly appreciated .
    No I haven’t resorted to threats or rants yet but in last call to solicitor I did give things a very firm and annoyed nudge. He asked for a couple of days to see if he can contact all concerned and can get it moving.
    It’s not really anything to do with a blame game for me , moreso I’ve just had to resort to thinking about that angle to get it moving and where I stand just encase at this stage b/c it’s getting ridiculous . I don’t want any of that I reckon I’ve made that pretty clear but what else do we have when all else fails , especially when they obviously haven’t layed things out to buyer clearly, gotten a deposit and left me wide open like this .

    But I must admit , I’ve also watched quite a few people over the years wrestle and persist diplomatically even if it’s killing them , with things like this or even council permits whatever, until the job is done . in admiration let me tell ya .
    Others are on the phone when they’ve had enough and letting it rip , not sure which ways best , patience is waring bloody thin now though I can tell you.

    My new purchase is on condition of my sale, they’ll hold but pretty damn frustrating none the less , we’re moving into that one for awhile and desperate to get all that underway and out of here but , on she goes !

    My solicitor did ask if I’d like to try contacting buyer but I have already a few times now trying to keep this thing moving and too much now , even he asked last time to best contact him through the solicitors from there on.
    We were both fed up with it all . He has tried right through to do everything right and wanted it all through himself asap but there’s been one mix up or hold up after another and now this one .

    Owell , will soldier on . I’ll recheck the contracts for that info and conditions, call again tomorrow , hopefully he’ll have some contact by then .

    Thanks again
    Cheers

    Profile photo of wannadowannado
    Member
    @wannado
    Join Date: 2010
    Post Count: 4

    Thanks very much for the help Aussieguy.

    Just a couple of things , firstly there was an actual settlement date on the signed contract of sale but that date is now 6 wks past. We were just warned that it may take a week or two longer past that date but it’s 6 wks past now and plus the buyers away.
    Hopefully his solicitor will be able to contact him , we find out next week after me getting on the phone last week to mine and pushing the hell out of it all yet again. My solicitors just been sitting on his butt and hasn’t even chased it up for 4 weeks since. It’s crazy .

    Now on what your saying , of course I don’t want to go through he night mare of suing a solicitor anyway , I just feel like it but, surely the solicitors job is to advise me on everything including the security of and getting the deposit ?
    Whether I’m the total laymen or seasoned investor isn’t taking care of my interests over the whole transaction ,following it all up and covering my backside , what we pay them for ? His left me completely open and at the mercy of this whole thing ?

    And , actually thinking about the deposit , 10% due on signing was actually also in the contract and I know the buyer would have had no problem with paying that , he was all systems go . The damn solicitor just hasn’t bothered collecting it but, the whole funds in total actually have been sitting in the buyers solicitors account , ready and waiting since day one .

    Hmm , now I’m confused !!!!!!!! sorry .

    Cheers

Viewing 3 posts - 1 through 3 (of 3 total)