If you bought a certain type of property in Victoria under normal circumstances, you have a 3 days’ cooling off period. You could within those 3 days, back out of the deal. All you pay for the privilege of locking the seller in for 3 days is either 0.2% of the purchase price or $100.
Well, ours ended today so we are bound. In any case we paid the rest of the 10% today. We were told, at the point of paying, that there were many more viewers who came to see the house last Sunday. There were also a couple of offers made for it. So we had a little comfort from that. We went in on Saturday to take some measurements and look around for work required and even then there were quite a few viewers.
I had also given notice to the landlord’s agents on Friday last week, saying we would be out by 27/3. So, we are going ahead with this.