We've put an offer in on a house, its not perfect but it's certainly good enough. It needs an awful lot of work (stairs rebuilding, damp, new bathroom, kitchen, ceilings moved the works!), our builder has quoted and we put an offer in based on how much work needs doing and the potential value once the work is done, as a result our offer is quite a bit lower than the asking price. The house has been on the market over a year, was rented prior to this and has had no offers.
The offer we put in was almost 2 weeks ago. First they wanted to know if it was our best offer, we confirmed it was.
Then they wanted to know what sort of buyer we are (no chain, deposit ready, mortgage agreed in principal)
Then he had to talk to his partner
Now further delays because they are talking to their financial advisor
I'm somewhat sick of the waiting, but think if I retract the offer I'm cutting my nose off. However my biggest fear is if they accept the offer and have taken this long to decide, what happens is anything comes up in the survey? If there is anything our builder hasn't noticed we are risking almost £1000 on a survey for a seller who seems unreliable and almost certainly is struggling to sell at the offer we've put in already.
Is this just normal nerves?
Would anyone else wait this long?
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Property/DIY
Worried about the house offer we've put in
9 replies
ClarkL · 17/05/2016 11:15
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