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I don't feel 100% about a house we have put an offer on - help

28 replies

Deadsouls · 06/04/2012 19:06

Hello, I wondered if anyone could help or understand as I am having many sleepless nights and much anxiety....

In short, we are looking for a house. Last Saturday I went to see a house that my DH had seen earlier that day and said was amazing. I went to see the house and it is the first house that I have seen (have been to see loads), that actually seemed a spacious family home. We are in London so it's very pricey and in our area it seems that you don't get much for your money.

Anyway saw this house and it is amazing, the vendors have completely done a modern kitchen, it's well looked after garden etc. It is only a little bit away. It means we would have to move DS school but it would be from a good school to a 'outstanding' school. Also he is in reception so not too much of a wrench...so the house ticks lots of boxes.

I got in an almighty panic and slightly obsessed with the house, I put in an offer for the asking price on Monday which was accepted. Since then I have been completely wracked with self-doubt about the decision, I feel very confused and am not sure if its the right thing to do. I don't know if what I'm feeling is gut instinct or if I'd feel like this about anywhere - help I feel a bit mad.
]The agent sensed my doubt I think and said basically did I want to pull out on Tuesday, and I didn't. I feel like everything has snowballed, and feel a bit scared to tell the agent that I don't think I want to buy, yes I know it's pathetic - I feel so bad for the vendors as they have been let down once before by a buyer so are quite wary. I managed to get a second look at the house after much hassling of the agent, and much evasion by them. I went to look again yesterday and my feelings of doubt have not gone away. DH loves the house....help, what are my real feelings? Is it normal to feel so anxious about buying a house, is this why buying and selling is supposed to be so stressful. I actually think I've lost half a stone in a week - I am lying awake not sure about the decision and feeling so bad about letting the vendors down.

Coupled with this our buyer came to look at our flat again and it;s not looking too positive as she seemed quite negative about the flat. Our agent told us to keep hush, but shouldn't we let the vendors know.

I have never done this before and am feeling hopelessly confused...sorry I am ranting and I do appreciate how lucky we are to be able to buy, but I want to do the right thing....

OP posts:
thomasbodley · 06/04/2012 21:32

I think another problem you may be having is with the dynamics of making such a big decision so quickly. This isn't helped by London's property market, which feels very, very strange at the moment.

Everything habitable is selling very, very quickly for record (2007+ prices). Prices are rising. Yet people are losing their jobs, big brands are reporting reduced profits, and we're in recession.

Vast amounts of money are being spent on assets that aren't behaving logically.

In the end, we were forced to make a decision because our landlords returned to the UK very unexpectedly. As a result, we paid much more than was sensible for this house. My only consolation is that the mortgage is fixed and affordable and the house has room to grow.

Deadsouls · 07/04/2012 14:15

well after much hand wrenching we withdrew our offer. I do feel relieved as I couldn't picture myself there and the thought of having all this unease throughout the whole process was too much. I did rush in and panic because there are so few properties at the moment that I panicked - I also felt quite a lot of pressure from the vendor's agent. She was phoning and saying she wanted to know I was completely 100% and that I loved the house.

And also although it seems a small thing I can't live in a dark house. I think the house would have dark as it was north north-west house.

Our buyer anyway is I think getting cold feet - she keeps calling agent and asking questions and is coming back again!!!! Picking holes in everything...back to the drawing board
thomas hope you are happy at your house...

Just have to learn from this experience

OP posts:
frostyfingers · 07/04/2012 20:38

Well I was going to say you ought to go back for a 2nd viewing, preferably on a darker day, but it's too late for that!

It is always an enormous decision, it's probably the biggest purchase of your life so it's not surprising you panicked a bit - we've moved a few times, and are in the process of doing so again, and it's still scary (we haven't found anything to move into yet, so at the looking stage, but also about to exchange so slightly panic stricken!).

Next time don't rush into making an offer, go back for a 2nd viewing before you do and take pencil and paper and make notes. Any vendor should be happy for you to take your time, ditto the estate agent. Look past the cosmetic stuff, furniture and decor etc and concentrate on room sizes, layout and see if you can imagine yourself living there. Check it out on Google earth and Streetview before you go as well, and if you've time do a "drive by" as well.

Good luck, I hope you find what you want.

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