{"id":54409,"date":"2017-05-11T13:00:41","date_gmt":"2017-05-11T06:00:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-a-buyer-legally-ask-to-cut-agreed-offer-price\/"},"modified":"2017-05-11T13:11:35","modified_gmt":"2017-05-11T06:11:35","slug":"can-a-buyer-legally-ask-to-cut-agreed-offer-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-a-buyer-legally-ask-to-cut-agreed-offer-price\/","title":{"rendered":"Can a buyer legally ask to cut agreed offer price?"},"content":{"rendered":"


\nI have accepted an offer on my house, but the purchaser is asking for a reduction citing repair worksQ I have accepted an offer on my house but the purchaser is now asking for a further reduction in the price due to work required on the property. Is this legal? And, if so what is your advice on how to deal with it? HWA Yes it is legal and quite common when a survey reveals extensive \u2013 and expensive \u2013 work required on a property. Once a buyer\u2019s offer on a property is accepted by its seller, in estate agent speak, the property becomes \u201csold subject to contract\u201d, which means that the price can still be negotiated. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Can a buyer legally ask to cut agreed offer price?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I have accepted an offer on my house, but the purchaser is asking for a...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-54409","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-e9z","jetpack-related-posts":[{"id":92316,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-first-time-buyer-in-london-needs-17-years-to-find-15-deposit-report\/","url_meta":{"origin":54409,"position":0},"title":"Single first-time buyer in London needs 17 years to find 15% deposit \u2013 report","date":"June 25, 2018","format":false,"excerpt":"\r In England and Wales, average single first-time purchaser would need just over 10 yearsA typical single first-time buyer in London will have to save for 17 years \u2013 until 2035 \u2013 to raise enough cash for a 15% deposit on a home. That is up from the 15 years\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121427,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-tries-to-stop-us-billionaire-peter-thiel-selling-luxury-queenstown-home-to-rival-purchaser\/","url_meta":{"origin":54409,"position":1},"title":"Buyer tries to stop US billionaire Peter Thiel selling luxury Queenstown home to rival purchaser","date":"August 13, 2021","format":false,"excerpt":"\r A Queenstown resident has taken a caveat out against US billionaire Peter Thiel's multi-million dollar clifftop home in a bid to stop it being sold to another buyer.Brian McGee told the Herald he had taken issue with the sale process...\r \r Source : nzherald.co.nz\/Property\r Read more...Buyer tries to stop\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/disgraced-auckland-realty-agent-accepted-10000-finders-fee-from-buyer\/","url_meta":{"origin":54409,"position":2},"title":"Disgraced Auckland realty agent accepted $10,000 'finder's fee' from buyer","date":"July 14, 2017","format":false,"excerpt":"\r An agent negotiating to sell an elderly man's South Auckland home secretly accepted a $10,000 \"finder's fee\" from a potential buyer.Gou (Nancy) Dai also divulged confidential information to the buyer about the owner's price expectation...\r \r Source : nzherald.co.nz\/Property\r Read more...Disgraced Auckland realty agent accepted ,000 'finder's fee' from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/la-ville-condo-relaunched-with-lower-asking-price-of-140-6m\/","url_meta":{"origin":54409,"position":3},"title":"La Ville condo relaunched with lower asking price of $140.6m","date":"October 10, 2018","format":false,"excerpt":"\r La Ville is a 40-unit freehold condominium at Tanjong Rhu Road. (JLL) $1,424 psf ppr, or $1,361 psf ppr after taking into account the 10 percent bonus balcony space. A development charge of about $7.2 million is payable as well. Marketing agent JLL revealed on Tuesday (9 Oct) that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-government-sells-hong-kong-mansions-without-disclosing-winning-buyer-or-price-amid-fraying-china-ties\/","url_meta":{"origin":54409,"position":4},"title":"US government sells Hong Kong mansions without disclosing winning buyer or price amid fraying China ties","date":"September 9, 2020","format":false,"excerpt":"\r The US government has parted with one of its biggest properties in the city under a shroud of secrecy amid worsening tensions between Beijing and Washington.It sold the six multi-storey mansions on 37 Shouson Hill Road after taking time to pick the winning bid when the tender closed at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87439,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-condominiums-attempt-en-bloc-sale\/","url_meta":{"origin":54409,"position":5},"title":"More condominiums attempt en bloc sale","date":"May 9, 2018","format":false,"excerpt":"\r Elias Green in Pasir Ris is expected to be launched for collective sale at a reserve price of $780 million. 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