Traps to avoid when buying a house from individual, what to pay attention to
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 Oct 19 2009, 10:14 AM
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#1
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Senior Member
7,480 posts Joined: Jun 2005 From: Moscow 21.05.2008  
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I have encountered a very nasty seller. He keeps changing the S&P so that it is to his advantage. My advice to you is not to pay the seller anything until the S&P is signed. Not even "booking" fee. If he wants you to sign a letter of intent to purchase, make sure that there is a clause to finalise the S&P within certain period or else you can back out from the deal with all money refunded.
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Oct 20 2009, 10:51 AM
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#2
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Senior Member
7,480 posts Joined: Jun 2005 From: Moscow 21.05.2008
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QUOTE(greatbargain @ Oct 19 2009, 01:38 PM) Thanks for your advice No, it is from my lawyer but he doesn't agree to it and came with his own draft I assume the S&P is drafted by his lawyer? Maybe a good idea is to get your own lawyer too to counter check?   |
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