1 Answer

Ken Tan

Before you proceed to the sales your your flat, you should have been advised to do the financial calculation for the buying and selling process. That would have included an "in principal approval" from the bank. (no OTP needed)

I would advised that you get all parties, Buyer's agent/ Seller's agent/ Buyer out to settle the matter. This is to prevent things from going out of hand, to prevent the $2000 from landing into the agents hand instead.

Meanwhile, it would be unreasonable for the buyer to press charges against you for the $2000 as the legal fees will amount to much more and it does not make economical sense.

Ken Tan

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