paddyodoors
Registered User
- Messages
- 293
Hi All
Have recently gone sale agreed on our apartment although no contracts signed as yet. The purchaser has contacted us looking to get some cashback.
i.e.
Sale price agreed at X -
Amount paid X + €5k.
We hand back cheque for €5k
I think this is so they can get 100% mrotgage for larger sum and use the extra to pay for furnishings.
Net effect for us is the same - I think, I can't see anything wrong with it as I wont hand back any monies until I receive more that I was expecting.
Appreciate others opinions on this.
thanks
Paddy
Have recently gone sale agreed on our apartment although no contracts signed as yet. The purchaser has contacted us looking to get some cashback.
i.e.
Sale price agreed at X -
Amount paid X + €5k.
We hand back cheque for €5k
I think this is so they can get 100% mrotgage for larger sum and use the extra to pay for furnishings.
Net effect for us is the same - I think, I can't see anything wrong with it as I wont hand back any monies until I receive more that I was expecting.
Appreciate others opinions on this.
thanks
Paddy