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Any thoughts? House sale fallen through ....


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Hi

Just interested in your thoughts really. We sold our house 'subject to contract' being the buyer needed to sell his house and he had until July to do this. A deposit of $100k was put down and a 'sold subject to contract' was put on the board. He has decided to pull out of the sale and has had his full deposit given back! He has taken his house off the market as he has changed his mind. We have however, offered to buy his house for the asking price but he has declined.

 

We have been left out of pocket and we have not marketed the house for 4 months as he was buying it.  How can this be that he has got his full deposit back with no comeback on his part? No one seems to be bothered! How can this be legal?  Our solicitor is bloody useless.

 

 

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