ScooBabe

Agreed to sell something for reasonable sum of money that I no longer wish to. Person has got a bank loan for it. Any idea what the cooling off period is for them. Obviously wont go back on the deal if this date has already passed. I would feel fairly bad about doing it anyway, but the person did haggle me down a lot, and used typical salesman talk to get a good deal, and I can't bear parting with it

Cheers Amanda

James Neill

iTrader: (1)

5 days I think

Scotty Boy

Hi Amanda,

i was in a similar position (me being the buyer) i explained the situation to the bank i.e. the deal fell through and it was totally out of my control, the bank allowed me to pay the full amount of the loan back with NO penalties. I had the money for 10 days.

paulr

Get them to see if they can repay it without any charges.In the end Amanda,you've got to do whats right for you,if you don't want to sell it ,then don't........these things happen.
If you still feel bad about it,and there are charges,you could always offer to pay a share of them.

ScooBabe

Thanks a lot for your replies.

Thats really helpful advice.

Amanda