Hi all,
I put in an ad 3 weeks ago & have had multiple offers for my property. I accepted 1 offer at a time & asked others to wait. It’s a bit messy. It’s over a week now with the offer I accepted last, the buyer told me he’s got a verbal approval from the bank and can’t do much until a valuation of the property done, approx. another week. I worry that if it takes too long other buyers will buy somewhere else. How long should I wait for him? He told me after the contract exchanged, the settlement will be at least 1 month. Is that reasonable and what should I do? What are the procedures in selling?
Your advice will be greatly appreciated.
Regards
Huey.
Always get somebody who looks like they know what theyre doing to help you!!
Hi Michael & Shane,
My solicitor is drawing up a contract for me today and will send a copy to the buyer’s solicitor.
I should ask an agent to handle the sell for me from the beginning but because I couldn’t decide whether to sell it or not & currently having bad experience with a property managing agent.
Many thanks
Huey
Hi All,
As I understand “Instruction for sale” is prepared by the seller or the seller’s agent and “Contract” or agreement for sale” is prepared by the seller’s solicitor? Do I understand correctly?
Cheers
Huey
PS: Hi Michael, I did send you an email asking for more details.
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