Comments on: How Not to Back Out of a Contract https://www.propertyinvesting.com/how-not-to-back-out-of-a-contract/?infuse=1 Thu, 06 Nov 2025 11:21:40 +0000 hourly 1 By: Jason Staggers https://www.propertyinvesting.com/how-not-to-back-out-of-a-contract/#comment-332617 Fri, 27 May 2016 00:41:07 +0000 https://www.propertyinvesting.com/?p=5025665#comment-332617 Interesting story ran yesterday of a businessman who lost more than $15 million in an off-the-plan unit purchase after being sued by the developer for not settling…

http://www.abc.net.au/news/2016-05-26/apartments-off-the-plan-carry-huge-risks-for-buyers/7449296

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By: Taylor https://www.propertyinvesting.com/how-not-to-back-out-of-a-contract/#comment-332606 Thu, 26 May 2016 21:40:16 +0000 https://www.propertyinvesting.com/?p=5025665#comment-332606 We will see more and more off the plan property can’t settle due to they can’t get a loan from banks. It will be interested to see how they back off from the purchase and how the developers/sellers will do ?

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By: Azalia https://www.propertyinvesting.com/how-not-to-back-out-of-a-contract/#comment-332501 Wed, 25 May 2016 11:41:10 +0000 https://www.propertyinvesting.com/?p=5025665#comment-332501 ouch. Expensive lesson!

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