Thread: dealers
View Single Post
  #40  
Old 15-09-2011, 08:54 AM
scary's Avatar
scary scary is offline
STI Master
Member
 
Join Date: Jul 2005
Location: Burswood
Posts: 855
Thanks: 11
Thanked 45 Times in 32 Posts
scary knows their stuff
Default

Isn't there a statutory cooling off period on ALL contracts and sales?? I believe that there is unless that time period has elapsed.

Also any conditions for a house/car should be something like the following; (change to suit car or house)
this contract conditional to the buyers complete satisfaction (completing their due diligence (House)) within XX days of acceptance of this contract and should the buyer not provide written confirmation that they are totally satisfied (with their due diligence (house)) then this contract comes to an end and all deposit monies will be refunded in full.

Never only have subject to finance because the vendor/car yard can arrange finance (called vendor finance) at an outrageous rate and fees etc then you are still locked in. There is no real need to state where the finance is coming from it is more important to have "conditional to finance approval that completley satisifies and is acceptable to the buyer in entirety"
__________________
RS RA
The more people I meet the more I like my Dog!

12.463 1/4 mile, not bad for an old school Liberty [DECEASED]

MY08 Liberty Tuned by STi
Reply With Quote