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Offers

5 replies

Chickpearocker · 02/02/2017 18:39

Hi

I had put an offer in for a house quite a few months ago which wasn't accepted, it's a bank sale, suddenly this week there's been 2 viewings and 2 offers. Is this normal or could there be something suspicious going on ? This house hasn't been in demand in the past hence why I am asking

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wowfudge · 02/02/2017 21:27

The bank wants to get as much as possible so want a competitive situation. If you really want it, you'll have to up your offer. Even if they'd accepted your offer they would continue marketing to see if someone else offered more.

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GETTINGLIKEMYMOTHER · 03/02/2017 08:38

With repossessions (is it?) EAs often place an ad to say that an offer of £Xk has been received, and anyone wishing to offer more should do so by such and such a date.
I have a feeling they are required by the bank/lender to do this.

Have you been told how much the other offers are for?

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Chickpearocker · 03/02/2017 09:06

Yes they have told me the first offer was low and I went slightly higher. Then the next person put 10k on top. I don't think they have advertised the offer I made otherwise I would have seen it. It just all seems a bit sudden. I know of someone who could potentially be bidding against me as a revenge tactic but that seems a bit far fetched.

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Notyetthere · 03/02/2017 13:00

You mean revenge tactic but they don't actually intend to buy it? Call their bluff.

Bank will keep the house on the market till you have exchanged.

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Chickpearocker · 03/02/2017 19:10

Thank you! Think I will call their bluff if it's dodgy the other person will pull out and if not I will still be able to come in with an offer.

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