A Random Person’s Random Investments

October 23, 2007

house lost, back to the drawing board, thanks Ray White Noble Park

Filed under: real-estate — arandomperson @ 11:36 pm

Well within the space of a few days it all went to crap – well to be specific it was all crap from the start but we were unaware of it until close to the settlement date. Incredibly unimpressed with those responsible.

  • The “Contract of Sale” was never valid, it did not have all required signatures from both vendors on the night of the Auction. Well I guess we’ll know to look for this next time.
  • The real estate agent apparently thought this minor detail not worth mentioning to us.
  • This was brought to our attention by our Conveyancer, at least they were on the case doing their job professionally, though it was only mentioned to us fairly late in the piece, which caused me a bit of angst. At the time I was misguidedly directing part of my frustration at them as well, when really the problem lay elswhere.
  • We are not heavily out of pocket from all of this (though we have lost money on this whole fiasco), it’s more the massive letdown and waste of our time and effort, after spending most of the 65 day settlement period thinking all was fine and we had all of our house in order.
  • Looks like we were collateral damage in somebodys messy divorce, or something.
  • I could go on but it might devolve into a bitter rant.

3 Comments

  1. Weird.. the day after I write this get a call from the agent suggesting it still might be “on” however after the past few weeks drama it doesn’t exist until signed and OKed as valid by lawyers – also my partner doesn’t want to have anything to do with the house and it’s sellers after the hell this whole ordeal has put us through these past weeks.

    Comment by arandomperson — October 24, 2007 @ 9:20 pm

  2. This whole thing still in an undetermined state. We are still willing to get the property. The vendors have tried to push the price up a bit which I initially was amenable to but was persuaded otherwise by the strong negative reaction to this by pretty much anybody I have related the details of this story to. Thats kind of easier now we are pretty much resigned to starting The Search again, once we return from holidays, though then again it would be cool to get this place.. and we have all the paperwork and finance just sitting there ready and waiting.

    Comment by arandomperson — October 29, 2007 @ 12:20 am

  3. Well its official, the incredibly obstructionist and rude vendor has refused to budge, and is selling via another agent at a higher price, while the place sits there vacant losing money. Good luck with that one. We have some other stuff to deal with so will return to this whole house business afresh in January.

    Comment by arandomperson — November 4, 2007 @ 1:00 pm

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