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This is awful. I can´t stand the waiting. Everything is out of my control. My fate is entirely in the hands of the vendor and his agent. Apparently the cash buyer has been to Marbella, and has made an improved offer of €430,000. It now transpires that the owner has ´accepted´ this offer, but also my (lower) offer and the property will be sold to whoever deposits 20% of the purchase price with his lawyer in Spain.

Hang on a minute!!!!!!!!!!!!!!!!!!

The negotiations have gone from 10 mph to 100 mph, and I am being left behind. It seems that the other buyer has already done his due diligence with his Spanish lawyer, and is ready to buy. Although I am mortgage-approved, I am still reluctant to hand over €84,000 without a valuation and without a nod from my lawyer. Because I need a mortgage,  I´m miles behind the other buyer. Continue reading »