Hi, recently made an offer on a property that has had concrete cancer and repairs. After many days of waiting (offer made Sat, acceptance Thurs morning) this left me little time to organise strata search.
Agent lies alot! He was pressuring me to sign and put down deposit,I said no not until my solicitor has seen the contract and I do a strata search. He didnt tell us that he would still do an open over the weekend. My husband got cold feet and was worried the agent would say there was another buyer and say we needed to up the offer before we had been able to do a strata search so he withdrew our offer as we hadnt time to do the strata till after the open!
Now there is every chance there is loads wrong with the building, its coastal ,and 40 years old.
My question is should you do a strata before or after an offer is accepted?
We were not left enough time by the sellers to do a search before the next open. Plus we didnt want to loose more money on a deposit...we are the second buyers to walk.
It does not help that the agent has told us two different reasons why the previous buyers walked and they DID put down a deposit and paid ten thou more then us!
Agent lies alot! He was pressuring me to sign and put down deposit,I said no not until my solicitor has seen the contract and I do a strata search. He didnt tell us that he would still do an open over the weekend. My husband got cold feet and was worried the agent would say there was another buyer and say we needed to up the offer before we had been able to do a strata search so he withdrew our offer as we hadnt time to do the strata till after the open!
Now there is every chance there is loads wrong with the building, its coastal ,and 40 years old.
My question is should you do a strata before or after an offer is accepted?
We were not left enough time by the sellers to do a search before the next open. Plus we didnt want to loose more money on a deposit...we are the second buyers to walk.
It does not help that the agent has told us two different reasons why the previous buyers walked and they DID put down a deposit and paid ten thou more then us!