Asked by Mr. Proper Tee
Hi, I recently sold my HDB flat, buyer exercised the option and I received the full option fee of $5k.
We are now waiting for the first appointment in December.
Unfortunately, we decided not to sell our HDB now. Apparently as long as we do not attend the first appointment, the sale will not go through. Is this true?
What will be implications for us should decide not to sell now? Can the buyer sue us? Any way for the buyer or agent to force the sale through? Also can our agent sue us for the lost commission? We are prepared to compensate them for the 2% fee, can they demand more?
Appreciate honest advice please, thank you.
We are now waiting for the first appointment in December.
Unfortunately, we decided not to sell our HDB now. Apparently as long as we do not attend the first appointment, the sale will not go through. Is this true?
What will be implications for us should decide not to sell now? Can the buyer sue us? Any way for the buyer or agent to force the sale through? Also can our agent sue us for the lost commission? We are prepared to compensate them for the 2% fee, can they demand more?
Appreciate honest advice please, thank you.
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