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  • So what happened to due diliogence?

    From Crash@21:1/5 to All on Fri Feb 21 18:04:06 2025
    This buyer has learned the hard way to include a clause in a purchase
    agreement that specifies vacant possession:

    https://www.rnz.co.nz/news/national/542527/buyer-s-mortgagee-sale-battle-as-woman-refuses-to-move-out?cid=newsletter

    No vacant possession, no settlement. With property, no sentiment is affordable. I would have expected any legal advice on the purchase
    would have featured this. If he ignored it he is a victim of his own
    lack of judgment.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gordon@21:1/5 to Crash on Fri Feb 21 05:18:08 2025
    On 2025-02-21, Crash <[email protected]d> wrote:
    This buyer has learned the hard way to include a clause in a purchase agreement that specifies vacant possession:

    https://www.rnz.co.nz/news/national/542527/buyer-s-mortgagee-sale-battle-as-woman-refuses-to-move-out?cid=newsletter

    No vacant possession, no settlement. With property, no sentiment is affordable. I would have expected any legal advice on the purchase
    would have featured this. If he ignored it he is a victim of his own
    lack of judgment.

    How did the buyer settle (pay) before taking position. In the case of house buying the large sums involved should ensure lawyers are involved and the
    money does not reach the buyer until the both parties are happy.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)