Buying / Selling House - Sol Exchanged On One But Not Other - Jaguar XE Forum
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post #1 of 5 Old 06-26-2020, 03:01 PM Thread Starter
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Buying / Selling House - Sol Exchanged On One But Not Other

My friend is in trouble, or rather I think his lawyer is in trouble.

He sells his house and buys another.

His buyer messed around from the start and missed several exchange deadlines

The last deadline was Monday and his lawyer exchanged with the house he's boring but not with the house he's selling

Every day, the buyer's lawyer says they will exchange, and every day this doesn't happen - the excuse used is that they are "still processing a late payment from the lender."

They should end tomorrow (this has been going on for almost 2 weeks)

So what happens tomorrow if, as I suspect, they either don't exchange, or their buyer wants a fraction of the price ?
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post #2 of 5 Old 06-27-2020, 03:07 AM
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This buyer and lawyer seem unreliable to me, maybe he should revise his offer and find another buyer
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post #3 of 5 Old 06-27-2020, 04:21 AM
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Originally Posted by somers View Post
This buyer and lawyer seem unreliable to me, maybe he should revise his offer and find another buyer

I also think that he should look for another buyer, this one has too many problems. Moreover, you should not lose any profit. When I sold my house last year I didn't have any of these problems.
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post #4 of 5 Old 06-27-2020, 04:41 AM
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I sold my house to this real estate company https://www.thepropertybuyingcompany...ell-house-fastand they took away any stresses from selling prcess.They have a lot of experience in the property buying arena so they work very quickly. They offered me almost the best price on the market, that I didn’t expect. That’s why, I would recommend The Property Buying Company to anyone selling their home.
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post #5 of 5 Old 06-30-2020, 10:14 AM
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consult a good lawyer.
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