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Original poster

I am so f**cked off with this tosser who was selling us his house

97 replies

DingDongDraculaOnHigh · 20/12/2006 14:05

he has suddenly decided that the asking price is not enough and demanded £40k more

pig

am tempted to agree then pull out at the last minute just to annoy him.

OP posts:
Original poster
DingDongDraculaOnHigh · 20/12/2006 19:44

no no

it backs onto a common which backs on to richmond park.

Sorry it's a secret!

OP posts:
wickedwinterwitch · 20/12/2006 20:00

I'd walk away I think unless I was DESPERATE for the house, which you're not.

uwila · 21/12/2006 08:54

So, the house backs onto a common that backs onto Richmond park and is near a primary or infant school which is most certainly NOT a church school. So, if anyone else wants it, add 40k to the asking price and it will be your and not CD's.

Personally, CD, I'd tell him to bugger off just on the principle. It's not like you need this house (unless it's an issue getting your DD into the school you want).

wannaBeOnTopOfTheChristmasTree · 21/12/2006 09:03

this is called gazundering, it's kinda the opposite to gazumping where someone accepts a higher offer than the one originally accepted, gazundering is where the vender suddenly ups the asking price before exchange. often they do it fairly far down the track so the buyer feels pressured into agreeing.

tbh I would just walk away.

uwila · 21/12/2006 09:09

Can you speak to this man directly? If so I would ask if he's interested in a private sale where you cut out the agents.

I suspect the agent is the one lying and changing prices, and not the man selling the house. Call me a sinic, but perhaps the agency list the house for less money without his knowledge, and then we he said no, they told you he changed his mind when in fact he is probably thinking he's reduced the price by £35k for you.

uwila · 21/12/2006 09:11

Sinic? Yes, I'm learning phonetics. I meant cynic.

MrsJohnCuSackFullOfPresents · 21/12/2006 09:13

I think I know where you mean. It's GORGEOUS there!
but I think he is a wanker too. Not helpful, but you know I have heard for this happening a lot recently, happened to a friend in Ealing not so long ago but further down the process. gits

wannaBeOnTopOfTheChristmasTree · 21/12/2006 09:20

tbh while I think that most estate agents are tossers, they would be taking far too big a risk marketing a property for less than its actual value - after all you have to sign a confirmation of details, said property would go up on to rightmove/in the local papers/your friends/family would see it and not the difference in price, and when offer was given this would also be sent in writing and then confirmed upon acceptance.

I do think it's probably the vender chancing his luck tbh.

hoxohoxohoxo · 21/12/2006 09:35

either you want it, or you don't: price/ value is what teh market will pay.

40K sounds like a lot - but what percentage of the price is that?
If it is where I think it is, those houses do come up fairly regularly so unless you are in a big hurry, I'd hold off and buy later.

Try to reason directly with him - by letter that teh estate agent is legally obliged to pass on , or sent to teh house. If you are in a situation to move quickly then let him know the advantages- he has exchanged so can he really get another buyer quickly enough?

Failing that - if you really wnat it, pay it with the condition of an immediate exchange and completion date of your chosing.

Good luck.

Pixiefish · 21/12/2006 09:38

When we were buying out house it was for sale at offers int he region of X. What the estate agent didn't tell us was that it was offers upwards of X that the vendor meant.

We arrived to see the house and the first thing he told us was that he wanted Y (which was 15k more than the advertised) and he was putting the house to auction if he didn't get it so he wasn't bothered.

He showed us round and like you CD there is nothing like this available in this locality that is within our price range so we had to pay it.

All the way through we were petrified he'd pull out. We have 3 acres of land and kept looking even after we'd had our offer accepted as we felt the man was in danger of pulling out but there was just nothing around for anywhere near what we paid for this.

According to my best mate who is a surveyor, even with the cosmetics that we've done and no major structural work the house has increased by a lot due to the nature of the property

LIZS · 21/12/2006 09:56

oh poo to him 40 and 75k what is he on . Our vendors suddenly wanted an extra 10k for half the garden once thye knew we were serious or they'd try to sell it to next door - until we pointed out that the EA valuation and details had it for a certain price with all the garden . Still had to offer asking price though Xmas Angry and they may yet do the same later on.

Original poster
DingDongDraculaOnHigh · 21/12/2006 11:20

am off to see another one nearby with bigger garden at 12.00

If I like it I will tell him to stick it

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expatinscotland · 21/12/2006 11:20

I'd gazump his arse. Sorry, but two can play that game.

DoesntChristmasDragOn · 21/12/2006 11:21

£40k more???!! Bloody hell! What a tw*t!

Original poster
DingDongDraculaOnHigh · 21/12/2006 11:21

err I can't gazump him expat!

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paulaplumpbottom · 21/12/2006 12:36

Well lets hope this one is perfect.

Blu · 21/12/2006 12:59

If he's already exchanged on the house he's buying he's tied to a price and a completion date on that purchase, so unless he can do all that without the money from the house you want to buy, I would say you are in a strong position. Just Say No. If he puts it back on the market at a higher price, you can still step back in and make a new offer.

uwila · 21/12/2006 13:13

Blu, she's already said he doesn't need to sell this house in order to buy his next house. Must be nice, eh?

LIZS · 21/12/2006 13:19

He may not be directly dependant upon the sale but maybe he's having to fund a bridging loan in the meantime and is looking to recoup some of the interest and/or capital he needs to outlay on the new one. Not that it excuses p*ssing about potential buyers.

Original poster
DingDongDraculaOnHigh · 21/12/2006 13:37

No he doesn't need a bridging loan
He owns another property outright which he can raise a mortgage on if he needs it.

Went to see the other one, in some ways nicer and a bigger garden, garage and big driveway down side of house too. However the plot is an odd shape and I don't think an extension would be as successful there as it has been at the first one ggggrrrrrrrrrr

I think i may just say oh sod it and stay here it ain't so bad!

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LIZS · 21/12/2006 13:39

Chances are if you (and agents) think the price hike is outrageous others will too, so it probably won't sell especially at this time of year. If it sticks perhaps he'll see sense and you can bide your time.

Original poster
DingDongDraculaOnHigh · 21/12/2006 13:41

yy maybe you are right
Am certainly going to forget it til after new year now

I just feel a bit sad for the ones who want our house they are renting and have totally fallen in love with it allegedly, they have already lost out on two houses due to the stupid market atm

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