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Recently we ordered a caravan without signing a contract. We
Recently we ordered a caravan without signing a contract. We have decided to pull out of the purchase and the dealer is stating our deposit is non refundable. Is this true with out signing a contract?… read more
Leon
Leon
Solicitor
Master's Degree
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I am in Western Australia and placed a housing loan offer
Hi I am in Western Australia and placed a housing loan offer and acceptance subject to finance. I have forwarded 2 financial institutions declined finance letters to settlement agent advising the inab… read more
Leon
Leon
Solicitor
Master's Degree
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We are the sellers and our buyer did not advise us in the
Hi we are the sellers and our buyer did not advise us in the finance period that she could or couldnt get finance and didnt ask for an extension. a week after finance was was due she has produced a le… read more
John Melis
John Melis
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Bachelor's Degree
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We have recently sold our property subject to finance. The
Hello, We have recently sold our property subject to finance. The latest date for approval being the 14th of August 2015. The vendor has just informed us that the loan wasn't approved and hence the co… read more
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Leon
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South australia real estate: The purchasers have changed their
South australia real estate: The purchasers have changed their mind after cooling off and deposit paid. They then changed their finance requirements so it would be declined (purchase was subject to fi… read more
Leon
Leon
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Hello sir/mam I signed a building contract with a local builder
Hello sir/mam I signed a building contract with a local builder in Perth for building a house which was subject to finance. I had a pre home loan approval as I had been saving for the last 6-7 months.… read more
Brisbane-Lawyer
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when buyer gave seller finance decline letters to terminate
when buyer gave seller finance decline letters to terminate property sale contract......how seller can find out the buyer used all the best endeavours to obtain Finance approval? which is declined by … read more
James D. Ford
James D. Ford
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Im in WA i want to terminate realeastae contract which is
I'm in WA i want to terminate realeastae contract which is subject to finance ( the condition does not have any specific written by seller or seller agent). my offer accepted by 2nd of jan.. i applied… read more
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Leon
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Master's Degree
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I informed seller that i have got a decline letter from bank.
I informed seller that i have got a decline letter from bank. but they don't want to terminate the contract because i didn't apply loan immediately after contract is signed.which i breach the subject … read more
James D. Ford
James D. Ford
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property purchase via SMSF - loan declined. I have signed
property purchase via SMSF - loan declined. I have signed a contract of sale for a 1BR unit in Fairfield, Melbourne and I did not have pre approval from a bank - I stipulated on the contract of sale -… read more
James D. Ford
James D. Ford
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1,600 satisfied customers
Good evening. I am selling a property on the Gold Coast. It
Good evening. I am selling a property on the Gold Coast. It is due to settle on 28 Nov 2013. Today I was informed buy the selling agent that the buyer can't raise finance, therefore the contract has n… read more
Leon
Leon
Solicitor
Master's Degree
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hi I need advice on offer and acceptance on property. Unfortunately,
hi I need advice on offer and acceptance on property. Unfortunately, i had committed stupid mistake of putting two offers at the same time and both are accepted. I like to reject one but Real Estate a… read more
Leon
Leon
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Master's Degree
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I entered a contract to buy a small vehicle (~$24,000) on behalf
I entered a contract to buy a small vehicle (~$24,000) on behalf of my partner as she is not yet an australian resident so was ineligible to do so. The vehicle was to be in her name and she would be r… read more
Sean
Sean
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Bachelor of Law with First Class Honours
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Gday, We have signed a contract to buy a house but since
G'day, We have signed a contract to buy a house but since the signing two things have happened: we now don't have the deposit for the mortgage; and my wife and I will be splitting up. I have now had t… read more
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Leon
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We signed a contract to purchase a Victorian property, buildt
We signed a contract to purchase a Victorian property, buildt 15 years ago. However, the owner did not inform us of two facts: 1) He is in fact the builder of the house himself. 2) He used recycled ti… read more
Peter G.
Peter G.
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Bachelor's Degree
767 satisfied customers
Have a contract on my home. Initially the buyers signed the
Have a contract on my home. Initially the buyers signed the contract subject to finance on or before 8/4 with settlement being 19/5. On the 8/4 via their solicitor ask for an extension subject to fina… read more
qldlawyer
qldlawyer
Bachelor's Degree
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I have signed a contract for a new car and paid a deposit and
I have signed a contract for a new car and paid a deposit and have asked for the car dealership to provide finance. My Husband & I are have reviewed our financial commitments and are unable to commit … read more
Brisbane-Lawyer
Brisbane-Lawyer
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I was going to purches a car for $18 000 Financed ofer 24 monthes
I was going to purches a car for $18 000 Financed ofer 24 monthes .The finance was declinde du to my visa that wil expire before the 24 months .Now the dealer recons hes got Finance ofer 12 monthes .w… read more
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Maurice
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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