$100k deposit lost – update



Posted by usernames_all_taken_

9 Comments

  1. usernames_all_taken_ on

    $100k deposit lost – update

    The story of how a prospective home buyer was supposedly swindled out of their $100k deposit by an unscrupulous seller drew a lot of attention a couple of weeks ago.

    It extended to some explicit doxxing of the seller.

    It now appears that critical information was omitted from the initial Yahoo article which would have drastically changed the narrative.

    In short, the buyer was in breach for not paying the deposit on time as was reported. The seller then in fact offered a refund of deposit, not wishing to proceed with the sale (as is their prerogative).

    The buyer instead rejected refund of the deposit an elected to take the seller to court with the intent to push through the sale.

    The court found the buyer to effectively be wasting everyone’s time and ordered that the buyer to pay the sellers legal costs.

  2. So a free to air media garbage story. Lol. This is why I haven’t plugged an aerial into my tv in 15 years haha.

  3. Dismal-core111 on

    Buyers not a smart fellow and as usual a current affair does their bullshit narrative

  4. How is this not still complete bullshit on the part of the seller? I’m sorry, if someone cancels a contract because I’m 24h late on HALF my deposit, and refuses to honour the contract, how are they still not the dick?

    There’s a reason this case was reported on, and it’s because of our shit banking restrictions and the default contract, this happens all the time in QLD… and this person was the only one to attempt to enforce the contract to gain a benefit in this way.

    This is the same old thing with reddit… just because you’re legally allowed to do a thing, doesn’t make it morally correct for you to do that thing. There’s also no chance that QLD doesn’t now amend the dumbass laws here that even made this judgment possible anyway.

  5. Where was this man’s solicitor through all of this? If you have a clause of a contract that can cost you hundreds of thousands you better believe I am following that thing to the letter. When I have purchased in the past, my conveyancer was on the phone advising of contractual deadlines and my responsibilities with plenty of lead time to execute. I feel for this man, but he just gifted that person the deposit because he dropped the ball

  6. Boo Hoo I tried to litigate someone out of their house and lost. Look I’m crying real tears help

  7. Historical-Isopod609 on

    Saw this last night on TV my first thought was why didn’t you take the refund when offered?