Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To be very annoyed and upset about this RE: house sale?

28 replies

b1uebells · 02/08/2011 16:47

Maybe IABU and am too emotionally involved in it all to see the situation clearly. We are having to move house ( not my personal choice but due to financial issues ( some of which I didn't know about till some months ago).

We had an offer on ours we accepted ( cash buyers - no chain. This was great for us as we need to move in august due to my job and the mortgage - it will affect the no. of years we can get 1 for due to DH's age etc). The guy made one offer, had a surveyor round the next day and then upped his offer a little bit. We found one ( no chain either) and had our offer accepted. This was back in june. We had all our surveys done etc and filled out all the paperwork for the family buying this ( what we are leaving etc).

Had all our mortgage accepted etc and we thought things were moving along fine.

Last week, we had heard nothing from the people buying this, so we got the solicitor to chase it and they said they had sent everything back to the family a month ago and they'd heard nothing either. I am assuming they contacted them as 2 days later we got a letter through the post with 20 ridiculous questions on it. Hmm

Answered all those, sent it back. Had a phone call yesterday from estate agents saying that since they want to extend, they were going to apply for a small mortgage to cover the costs of it and could someone pop round to do an evaluation etc. Even though we were a bit surprised this is all coming out so late we of course said yes.

Someone turns up today and tells me he is doing a valuation of the house, full home buyers survey etc. I've spoken to Dh and he thinks the buyer is going to try and drop the price. Not only does this delay everything, but we can't afford to sell for less ( we already are selling for less than we put it on for).

I am feeling really Angry and :( about all this now. Why leave it so late to do all these things now. We had expected to exchange before now!!

AIBU to feel annoyed and upset? I know these things take time but this guy seems to be taking the p*ss tbh.

Sorry for the long and garbled post, tried to write it all down rather than drip feed over a few posts.

OP posts:
LIZS · 02/08/2011 18:57

EA will want to make the sale happen to get their commission. Youa re under no obligation to sell to the current buyer until exchange has ahppened If EA senses it is getting shaky he either pulls it all together to give you reassurance (ie does the work they are being paid for !) or agrees to remarket it to start again. IIWY I'd make time of the essence now - you ened ot be movd by x date and therefore in order to organise removals etc exchange by y. Check your purchase is ready to go through, as you need to be able to say this with confidence.

greycircles · 02/08/2011 18:59

Buying and selling houses is an awful process. It really brings out the worst in people and some of the experiences I've had buying and selling make me wary of people in general.

It's common to try and buy for less at the very last minute - sometimes for no particular reason, sometimes for something where there is a "reason" but it should have been mentioned sooner. I don't know how people who do this can sleep at night.

If the buyer tries to drop the price at this late stage, say no. It is blackmail.

We had so much trouble that eventually, we moved in with family - ie sold with no chain and bought with no chain. If you do it that way, then the buyer can't hold you to ransom at the last minute because they know you can just tell them to f off if they mess around.

utah · 02/08/2011 19:05

When I was in the position, I informed the estate agent to put the house back on the market and my friend made an offer of the same value to call the other person (who was messing me about) bluff. My estate agent them informed the origingal buyer of the situation (which was completely made up) that although I had another offer I was willing to be loyal to their offer if completion was by a set time. If they are serious nothing will change if they are planning to reduce the offer you find out sooner rather than later.

New posts on this thread. Refresh page
Swipe left for the next trending thread