Page 4 | Hate our house buyers

RedToothBrush · 11/02/2021 09:31

If you put your house back on the market, how realistic is it that you will get more for your house. Or that you will find another buyer quickly. Or that they won't drag their feet.

Pointless to pull on this premise imho.

Missteebeee · 11/02/2021 09:32

How far along with the sale are you? How long has it taken to get to this point?

Lightwindows · 11/02/2021 09:32

I don't think your neighbourhood is going to care whether you pull out . If they're taking too long for no acceptable reason pull out . Have you checked what similar properties around you are selling for, so you can be sure it is worth more?

LalalalalalaLand123 · 11/02/2021 09:54

If they are actually being obstructive or delaying on purpose, then you are entirely right to pull out. Do all the maths though OP, with regard to either proceeding or pulling out. You can't be sure you'll get more for the house now, the market is unpredictable at the moment, especially with the ending of the stamp duty reduction.
If you do pull out, just explain it factually and keep emotion out of it.
And about the restaurants - just totally irrelevant I think! why go through with a bad sale just so you can go to one restaurant? Bizarre.

silverbubbles · 11/02/2021 09:55

OMG. Why would you be snubbed by the whole neighbourhood?
Would you rather be considered a moron by the whole neighbourhood who sold their house on the cheap to wriggle up the arse of someone who owned a restaurant???!!!!!!

LalalalalalaLand123 · 11/02/2021 09:58

And as PP have said, the whole infrastructure of house purchases/sales is totally delayed at the moment - mortgage lenders are taking forever, asking for far more info than pre-covid, banks are backed up on valuations, solicitors, surveyors etc are backed up, everyone's understaffed - things that previously took a week or two are now taking months, through no one's individual fault.

OrigamiOwl · 11/02/2021 10:01

Are you sure that it is them who are dragging their feet?
We moved recently and it really dragged. The sellers solicitors were the reason it was dragging (by just completely ignoring our solicitors whenever they were contacted with questions) however their solicitors convinced them that we were the ones dragging our heels (no, we just need the answers to the very basic questions you are refusing to answer). So the sellers thought we were at fault so got their estate agent to harass us (3 phone calls a day every day chasing us up...always answered by us that our solicitors needs the answers to those questions).
They also badmouthed us to our new neighbours. Fortunately our new neighbours don't seem to like the sellers very much, so we've come out of it ok.
It's a good thing we loved the house or we would have pulled out.

Anyway, long story short! Are you sure it's them at fault, dragging their heels?

suspiria777 · 11/02/2021 10:02

We panicked and took £10k less for our house than we paid for it two years ago and our buyers continue to drag their heals despite us asking for an early exchange. We would pull out as the house is worth more

Sorry but no, a house is worth what someone will pay for it.

NorbertMeubles · 11/02/2021 10:05

Pull out. Honestly noone cares. Is what other people think of you worth £10k and stress?

MapleMay11 · 11/02/2021 10:07

We panicked and took £10k less for our house than we paid for it two years ago and our buyers continue to drag their heals despite us asking for an early exchange. We would pull out as the house is worth more

If the house is worth more, why on earth would you panic and accept less? Surely that was a very unwise thing to do unless you were desperate to sell. I wouldn't be too hasty to pull out based on the information you've provided so far.

SlothMama · 11/02/2021 10:08

Just pull out, you asked for a quick exchange and they can't give it

lucywho123 · 11/02/2021 10:09

How much of a delay has there actually been though? Are you sure its not solicitor related and not buyer related? I think YABU to say panic accepted an offer btw, makes no sense

DahliaMacNamara · 11/02/2021 10:22

YABU to say you hate them without giving some kind of gory details.

When we bought this house years ago, the vendors had never even had a mortgage so had no idea how long it might take to arrange it. We'd already sold our own property and got a mortgage agreement in principle in place, so delays were entirely outside our control. They still thought we were dragging our feet over it.Managing their expectations on top of everything else was a pain in the arse we could have done without, frankly.

Betaalpha · 11/02/2021 10:23

Are you buying another house in the same village? How long have you waited for sale? What's the reason they're dragging do you think, it's probably not just to annoy you?

EuroTrashed · 11/02/2021 10:23

OP, while you might be upset at either overpaying for the house in the first place or a change of circumstnaces that means you need to sell within two years or that the house had a problem that means you need to move so quickly, none of that puts the blame on a buyer for YOU accepting an offer that's less than you want.
Get your estate agent to confirm proof of mortgage offer and available funds.
If that's in place give them a 2 week deadline. I suspect however that it;s the mortgage offer which isn't in place.

Harrysmummy246 · 11/02/2021 10:24

You accepted that offer. So why was that ok at the time but isn't now? It is generally not considered ok to mess about like that. It's greedy.
Are they dragging their heels or is stuff genuinely not done because of Covid? Anything like searches is taking longer at the moment.
Friends moved last week. They weren't ever going to exchange til 2 days before proposed date. Ended up being about 3pm on the day.
Another friend has now being trying to get a sale and purchase through for a full year. They're a teacher with 3 teenagers who have things like GCSE options coming up.

Betaalpha · 11/02/2021 10:24

In any case, if you pull out don't go to the restaurant for fear of spit in food :D doubt the rest of the village will care tbh, everyone has their own problems.

LyingWitchInTheWardrobe · 11/02/2021 10:27

Pull out of the sale and don't look back. Don't give credence to 'what the village thinks'. Nobody really cares, everybody does what they want to do and you do not have to explain yourselves.

Definitely pull out otherwise you will always have this regret nagging at you. They don't deserve your house.

NoIDontWatchLoveIsland · 11/02/2021 10:32

Pull out. Without a shadow of a doubt.

Backupthebus · 11/02/2021 10:42

They are not to blame for you accepting £10less, all house offers are just that "offers". You accepted it so own that part of this crap.

Secondly please can you define delays:
When was offer accepted?
Are searches/solicitors communicating?
Is this generally due to Covid, reducing manpower and an explosion of house buyers desperately trying to make the end of stamp duty holiday?

EmbarrassingMama · 11/02/2021 10:51

Pull out!

It is a business transaction.

rollonoctober · 11/02/2021 10:59

If they were ready to exchange today at the agreed price, would you do it?

If so, then the price isn't necessarily the issue, the delay in exchange is the problem. So I would send a polite firm message through the agents that if exchange isn't achieved by x date, then you would remarked the property.

If you wouldn't want to exchange today for the agreed price then you need to pull out. Not sure how that would affect your next move if you have a related purchase, but if you were really that worried about reputation you could claim change in circumstances, wait a couple of months and then remarket.

But personally I wouldn't be making huge life decisions involving this amount of money purely because they own a restaurant. Literally no one would care!

Chewingle · 11/02/2021 11:01

@Newfor2021

I find mumsnet soooo strange!!

If I wrote a post:
AIBU to pull out of the house sale because we accepted £10k less than we wanted?
It’s been several months down the line and I’ve decided because of this I HATE the new buyers, even though they seem popular well liked people?

Everyone would respond with YABU!

This makes no sense. No sense at all.

mylovelydd · 11/02/2021 11:10

FFS there are some nasty posters on here.

OP it's your house. You accepted a lower offer on the basis that the sale would be quick and now they are dragging their heels.

Tell your estate agent they have 2 weeks to get things massively underway or you will be accepting new viewings on it.
It isn't unreasonable if you are wanting to sell your house not to sit there for eternity waiting for some buyers who are picking you about.
You can sell your house to who you like and if the buyer isn't adhering to the terms you agreed then there is nothing wrong with taking up the reins and resisting it.
If it was an item on eBay that the buyer was messing about completing on everyone would be screaming at you to resist so why you are getting grief and being called bitter for wanting to get as much as possible and completing as soon as is convenient to you, I have no idea.

mylovelydd · 11/02/2021 11:12

And posters calling you greedy for wanting as much as possible for the house you bought and have been paying for are ridiculous.
No doubt they sell their houses for a fiver