Showing posts with label Solicitor. Show all posts
Showing posts with label Solicitor. Show all posts

Thursday, November 18, 2010

Still no Contract of Sale

More delays, there seems to be some confusion with the sales office today about the contract of sale for the land. I need it to go to our Broker for the loan to be approved, and I also need the it with the solicitor to review before signing.

I got an email today from Jordan Springs asking that I come in on Sunday to pay the 5% deposit, after I sign it they will forward a copy to my solicitor. First of all, it was suppose to be Monday. Secondally I won't be signing anything unless my solicitor/conveyancer tells me to. I can't understand why they think people would do this and why they get upset about us wanting it to go to our solicitor. Trust me, we want the land and we want to live at Jordan Springs. We also want to protect ourselves, wouldn't anyone?

Solicitor emails me at 5 this afternoon - still no contract of sale, but the broker has been given the front page for the laon. Grrr...... they better sort this out. I can't see myself signing until mid to late next week now. I need money and solicitor approval first.

As a tip for anyone, don't sign anything until you have it checked.

Wednesday, November 17, 2010

Verbal Approval for Land Loan

Excellent news, our finance broker got verbal approval today of the loan for the land. That's one step almost complete that will give us a big sigh of relief. They need the contract for sale first page and some other stuff but they're pretty happy with giving us the loan. Now we wait.

We're struggling at the moment to get her the cover page as Nancy from Jordan Springs went on a conference for a few days. Seems like no-one else can help so we play the waiting game. Oh well, no need to worry, just delays us paying that 5% deposit. Our solicitor is chasing it also and not having any luck.

Tuesday, November 16, 2010

Property Law - Don't sign anything until the solicitor tells you to.

Joe Grassi
Today we appointed Joseph Grassi and Associates as our solicitor to handle the whole project. The guys are property lawyers and conveyancers that can do everything from looking over your bank loan contracts, looking over your contract of sale for land and even reviewing building contracts.

Our thought was keeping everything with one place was the best way to go. This guy is very good and he will make changes to your contracts for the better. There are different prices but at time of writing a home package was about $1785 with extra for reviewing bank loans, surveys etc.