(she is in a home) daughter has not yet finalised Power of Attorney. Should the house have been put up for sale and taking offers without this Power of Attorney as it is at least very unfair to us tofind out (after paying out for a Survey, etc) that it will be another few weeks before the seller in a position to proceed! We went ahead cos we thought this would be a quick transaction. I don't think Power of Attorney takes long anyway but who can we blame for this hold up?
2007-09-30 22:51:48 · 3 answers · asked by sue w 2 in Business & Finance ➔ Renting & Real Estate
Unfortunately, there was nothing to prevent the house being put up for sale without finalising this. You can not blame anyone because it has not proceeded to exchange of contracts. This is early days in the real estate game. All you can do is ensure that you definitely think this house is worth it and don't want to move on. I would then consider a lower offer in light of the wait and the fact that you are cash buyer; make the most of your strong position!
2007-09-30 23:01:36 · answer #1 · answered by leannecath 1 · 0⤊ 0⤋
The seller (lady's daughter) and her Estate Agent should have been up front with this fact before putting the house on the market and for you to have a survey done. Typical behaviour from estate agents in England I am afraid.
However your solicitor should have also checked this too.
Good luck with your house purchase, I hope it goes smoothly.
2007-09-30 23:02:48 · answer #2 · answered by catrina 3 · 0⤊ 0⤋
Your solicitor should have found this out when undertaking Title searches.................
2007-09-30 22:55:06 · answer #3 · answered by JJ 2 · 1⤊ 0⤋