This afternoon we'll find out what position we're in regarding our buyers. We accepted an offer from them below the asking price. They were good buyers as they were planning to rent ou their flat not sell it.
They waited 5 weeks to have a Home Buyers Survey done and this weekend have lowered their offer due to the Survey contents. We've said NO this morning. The reason is the surveyor has given its valuation based on assumptions and some of those things aren't true.
The Survey highlights damp and tells the buyer to check if we have damp proof guarantees. We do. If there is damp, we can get it sorted before they move in.
There's nothing majorly wrong with the house. A bit of flashing needs replacing on an awning we have out the back of the house, one chimney stack needs rebuilding in the loft before the dining room fireplace could be used (the lounge fireplace is fine to use) That's about it.
It's a rather annoying Surveyors report. It never uses the word good. Everything (windows, GCH, electrics, plastering, kitchen, bathroom) was new 3 years ago. The Surveyor will only use the word reasonable to describe where there are no problems.It's all so negative. I guess this is the usual legal terminology, but still, it detracts from the fact that our buyers would be getting a house they can move straight into and have to do zero to it.
The house is 100 years old (as are all the houses in this city) so I feel it is unlikely the buyers will find a house and have a survey that highlights nothing.
I'm also concerned about the report highlighting damp. You may remember I spoke to this surveyor when he was in my house. I did not ask him to disclose any details, he offered the info, to me as he was leaving. He said what minor problems he'd found, used the words nitpicking and told me the walls were 95% damp free. He indicated one small section of wall about 30cm long where he got a low damp reading. He said "I would not recommend that you or the buyer bothered having that bit of wall damp proofed since it is a lot of hassle when it is not even the whole wall"
How on earth has he gone from sying that to me to writing " All the groundfloor walls measured a low level moisture reading" and now recommending that all the walls need a damproof course???
Anyway, I hope we can negotiate something with the buyers. Oh yes, BTW - they are no longer renting out their flat but are selling it. Even though they already have a buyer (a family member) our buyers are no longer the chain-free buyers who we agreed to sell the house to, so I wonder if they have a right to quibble over £2000 now?
Well, of course they have a right, but it is still annoying.
I know it is a buyers market but when I look at the internet there are no other houses in the condition of ours for sale at either the price we marketed ours for or the lower price the buyers want to pay. Plus, house prices are still on the up in my particular area.
I don't expect any help or advice here - it is just therapeutic for me to sound off. Thanbks if you even read this far.
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This house selling stress is peaking!
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beatie · 16/05/2005 13:23
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