Quote:
Originally Posted by Roshan
Sale in secondary market is based on trust. There are a few stray cases but otherwise most of the deals sail through without any problems.
You could be cautious and not pay an advance, take out bank certified cheques ( some call it managers cheques )and pay them at the developers office before signing of papers. You can give a photocopy to the seller so that he can verify with the bank.
REgards
Roshan
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Yes Good Idea Roshan,
I m in a re sale deal at present.Let s hope that I can do it. Actually I suggested to my agent to get a similar amounts' cheque from the seller also so that he can turn hostile.or else he will lose tht amount of 10%.Agent said he will try.
Let s see if this one sails thru or not.I m in doubt since the price is very very competitive , reminding of a distress sale.
Bye