TS, sorry to revive the topic. So far , how do your case ended ? The purchaser agree to pay for all the cost involved due to the marked up ?
Concern - Mark up selling price in S&P
Concern - Mark up selling price in S&P
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Apr 25 2023, 02:27 PM
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TS, sorry to revive the topic. So far , how do your case ended ? The purchaser agree to pay for all the cost involved due to the marked up ?
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May 18 2023, 10:56 PM
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QUOTE(ChuanHong @ May 18 2023, 09:12 PM) usually buyer have to make that happened and pay for the differences.. i did it once before.. seller agreed.. i use my spare to do renovation & legal fee & stamp duty.. basically to get 100% loan amt on property price.. Thanks, I”m exploring whether if there is any possible weakness point not covered. If the buyer willing bear the cost then basically it will be no issue. Previously I”m thinking on the possibillity on the buyer to turn against the agreement to pay the additional costs due to the marked up because these terms cannot be written in the black & white. The worry was addresss because the buyer unlikely to turn against the deal because the SPA demand 10% downpayment at the marked up rate, if the buyer decided to turn against the original agreement, the buyer will be at total disadvantage. |
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