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Buying a property “subject to finance”

By on in Buying

You’ve signed a contract to buy your dream home subject to finance. Time’s now ticking on the finance approval deadline. The seller may end the contract if you don’t get your finance approved on time. What does the contract say? The standard-form contract used in WA, known as the Contract for Sale of Land or […]

Selling your property “subject to finance”

By on in Selling

You’ve sold your home and the contract is subject to finance. The latest date set by the finance clause has come and gone and you’re still waiting for the buyer to send you finance approval. What do you do? The standard-form contract used in WA, known as the Contract for Sale of Land or Strata […]