QUOTE(StarJump @ Mar 25 2009, 11:39 PM)
I recently placed a 2% booking fee with a real estate agent for an apartment that I like. I got a receipt for the cheque that I issued and the agent told me that if anything did not go through I would get back the 2%.
But what I am worried now is another document which I signed. It's some kind of document which requires both buyer's and seller's signature to confirm the house price. The form seems to be from the real estate company. Since this is the first time I am buying a house and the seller and I cannot sit sign together, I signed the document first and the agent promised me that he would get the owner's signature by this week.
I have personally met the owner, but I am still having doubts on whether there can be any hanky panky tricks that they(agent/seller) can pull on me. The agent told me that he will give me a copy of the signed form which has my signature and the buyer's signature too. But suddenly i just thought of it, is it possible that he can forge my signature on another form that states a higher price and give me back my original form? Then at the S&P stage I will be surprised with the form he takes out later?
Lemme ask you, if you were to sit down all together and sign the papers, would you have higher confidence? What guarantee in this case that you can get to avoid being cheated?But what I am worried now is another document which I signed. It's some kind of document which requires both buyer's and seller's signature to confirm the house price. The form seems to be from the real estate company. Since this is the first time I am buying a house and the seller and I cannot sit sign together, I signed the document first and the agent promised me that he would get the owner's signature by this week.
I have personally met the owner, but I am still having doubts on whether there can be any hanky panky tricks that they(agent/seller) can pull on me. The agent told me that he will give me a copy of the signed form which has my signature and the buyer's signature too. But suddenly i just thought of it, is it possible that he can forge my signature on another form that states a higher price and give me back my original form? Then at the S&P stage I will be surprised with the form he takes out later?
What you can do is to check with the real estate agency on the agent if he/she is genuine. And make the cheque to the company, not agent's name. Within 14 days you need to sign the SPA, so from now till then ask you lawyer to check on the prop as well. Future date the cheque so that seller only get the money once all check out. LEt the lawyer/agency safekeep the money.
meejawa
Mar 26 2009, 10:22 AM

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