Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Pulling out of sale agreed house deal

Options
  • 07-09-2012 3:29pm
    #1
    EmerBaggott
    Registered Users Posts: 139 ✭✭


    Hi. I recently agreed on a house price. Lodged my deposit into estate agents a/c & etc. Nothing signed or anything just an email sent by myself confurming oyr agreement on buying the house for the agreed amt. Due to unforseen circumstances im going to have to pull out of the deal. I am entitled to my deposit to be refunded to me, is this correct? Cheers jst double checking...


Comments

  • Options
    #2
    MarkR
    Moderators, Regional Midwest Moderators Posts: 11,101 Mod ✭✭✭✭MarkR


    I would assume no. Sending the money would be seen as agreement, but without a signature I wouldn't be sure. Do you have your own solicitor? Get on to them asap.


  • Options
    #3
    testicle
    Closed Accounts Posts: 5,430 ✭✭✭testicle


    Yes you are entitled to your booking deposit back.


  • Options
    #4
    mathepac
    Banned (with Prison Access) Posts: 4,991 ✭✭✭mathepac


    You are entitled to your money back as there is no contract to complete in place. You only need solicitors involved if you have difficulty retrieving your deposit.


  • Options
    #5
    MarkR
    Moderators, Regional Midwest Moderators Posts: 11,101 Mod ✭✭✭✭MarkR


    mathepac wrote: »
    You are entitled to your money back as there is no contract to complete in place. You only need solicitors involved if you have difficulty retrieving your deposit.

    Yeah, should have mentioned that. First call is to the agent really. If you meet resistance, then go further.


  • Options
    #6
    EmerBaggott
    Registered Users Posts: 139 ✭✭EmerBaggott


    Cool guys thanks so much. Ya I thought so that id be entitled to it back. Hopefully there wont be any resistance, cheers ;-)


  • Advertisement
  • Options
    #7
    easterbride
    Closed Accounts Posts: 50 ✭✭easterbride


    Yes you are definitely entitled to get your booking deposit back.


  • Options
    #8
    odds_on
    Closed Accounts Posts: 1,869 ✭✭✭odds_on


    You are entitled to all monies paid to the EA as a deposit until you sign the sale's contract, which wouldn't be ready for another 2 months or so. Until you sign it, you may withdraw from the sale without specifying a reason, change your mind about the price offered, at will.

    I was just buying a property, sale to be completed before end of August. Vendor did not have the contracts ready in time, and were still waiting for the BER cert. I pulled out and have my deposit back. There are plenty of properties out there, so they have lost a sale and it may be months before they have another offer.


  • Options
    #9
    3DataModem
    Registered Users Posts: 3,997 ✭✭✭3DataModem


    I've done this four times, and had it done to me twice.

    Full deposit back, if the agent resists (none have in my experience) just get your brief on it.


  • Options
    #10
    Tigger
    Closed Accounts Posts: 16,705 ✭✭✭✭Tigger


    EmerBaggott wrote: »
    Hi. I recently agreed on a house price. Lodged my deposit into estate agents a/c & etc. Nothing signed or anything just an email sent by myself confurming oyr agreement on buying the house for the agreed amt. Due to unforseen circumstances im going to have to pull out of the deal. I am entitled to my deposit to be refunded to me, is this correct? Cheers jst double checking...

    deposit is refundable


Advertisement