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So i buy a house for $3m and pay a 10% deposit 'exchange' and...

  1. Whiddon3
    2,985 Posts.
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    12/02/24
    09:39
    Post #: 72353735
    So i buy a house for $3m and pay a 10% deposit 'exchange' and agree under contract to pay the balance and settle on a 6 month contract. The price of the house increases to $4m as the the housing market takes off and more buyers enter the market. I should, go back to the vendor and have to renegotiate the price because it has risen?????? Sure thing
    AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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