was supposed to have settled more than a week ago on a property and still haven't lol
Now being paid $1,000/week rent and $400/day interest, not bad i suppose cosidering.
Purchaser of my property can't settle yet because the purchaser of his property has no cash because they have to sell shares to pay him, hope they are shorters and not longs lol
I had to sell my property due to bad investment decisions on ASX, seems my purchasers purchaser is also having issues with capital.
Both properties were purchased at the TOP of the property cycle.
Makes you wonder how common this is out there
Of course this only refers to one transaction, will be interesting to see figures on people who have not settled and walked away from there 10% deposit, in my case being 6 figures, I thought my purchaser may have been a chance at walking.
Still could I suppose, the fat lady is still not singing lol
