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Conveyancing Quotation - For the sale of your property
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garndolbenmaen
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What is Gazumping?
Gazumping is the name given to the circumstance where the seller has accepted a buyer's offer but then accepts a higher one.
This can be avoided by asking the seller/estate agent to stop marketing the property.
A pre-sale contract where the remedy for any breach would be to sue would be created if you obtain the sellers agreement to accept your offer in writing, and you pay a deposit amount (the consideration).
not illegal - just unethical!
What is Gazundering?
Gazundering is the name given to the circumstance where the buyer waits until contracts are about to be exchanged, and then tries to force the seller to accept a lower offer.
not illegal - just unethical!