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Support thread for MN's trying to buy a house

310 replies

financialwizard · 17/09/2012 09:03

I can't find another thread like this, and I thought we could do with a sister thread to the trying to sell.

Thought I'd kick off with my rage!

Currently exchanged on the house that I have sold and living in husbands work accomodation so my situation is not dire, but still.

We offered on a property in August. It is a vacant property, and we said that we would like to exchange contracts 18th October with a view to complete no later than 1st November. We got the house at 95.8% of the market price.

So far we have not received the fixtures and fittings list, even though the vendor completed them the week before last. I have been back several times to measure up for lino in the bathrooms/curtains/take pictures of holes in the wall (for my decorator - there are lots). Went back this weekend just gone to check a couple of things (I always forget something) and the vendor has taken all of the bathroom fittings (toilet roll holder, etc), all of the curtain poles, all of the blinds. Now I am beginning to get a bit worried she is going to pull up all the carpets as well (not budgeted for them). I know I am going to have to wait until I get the F&F list but I am feeling slightly nervous at the potential cost of replacing things like carpets now (the whole house - 5 bed is carpetted). Aaaaaarrrrrrrrrrrrggggggggggghhhhhhhh.

My old man is going away for business just as we are due to complete as well, so it is going to have to be me to deal with it all. Really looking forward to this move.......NOT!!!!

Never EVER doing this again.

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weedonleg · 10/10/2012 14:04

ouch I sympathise. We have just made our third offer on a property, and are now at 3% off the asking price. And we are cash buyers in rented (although the house has only just come on the market yesterday).

You need to tell the agent that you won't bid against yourself, that you need the vendor to tell you what price they are looking for. We did that and our buyer said 2% below asking. There's only 5K between that and our latest offer so I'm hoping they will accept.

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GreenEggsAndNichts · 10/10/2012 14:12

ouch personally I would ring the EA, tell them the last price was final, and if they are interested in proceeding they can get back to you. I think unless their asking price is particularly good (and it obviously isn't, if it's been on the market for a year) they're being unreasonable. When you say they won't even respond with a counter offer, despite you offering 4 times, that makes me question just how "v keen" they are to move!

Unless you really, really want that particular house, of course. I'd just personally take the gamble that the EA (once you've been firm and said x is my price) will suggest they take the offer. And if they don't, well, I don't know. Again, goes back to how much you want that particular house. Depending how big your area is, houses come on the market all the time.

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ouchmyfanjo · 10/10/2012 14:46

Hi.thanks for the replies.i have done just as you all said and told them that is our best offer.i am starting to look again...
Weed i hope you get your place.if you relly like it and you can afford maybe it is worth going up a bi more? And i thought this was a buyers market! Hmm
Greeneggs thank you.i know the ea want the sale.i wonder how motivated they are to move.btw if you want to minimise outlay go for a survey before searches.may even be worth asking a local builder to look at the place.i have a friend who did this and got a good idea of condition of property and cost of any potential work before even making an offer.

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Squitch · 10/10/2012 20:59

Can I join in? We put an offer in last Friday on the perfect house for us, but it was turned down. Upped the offer today and half of the couple (they're getting divorced) have accepted and we're now just waiting for the other to agree to it. I'm trying not to be too excited as I have heard that they have been battling over the price for about 18 months now :(

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ouchmyfanjo · 10/10/2012 22:19

Squitch sorry to hear you are having a nail biting time too.do you think you are far off and would you be willing/able to go any higher?
If you can bear it it may be worth sitting tight a while. I find it really hard though.keep checking my phone and getting distracted. Keep us posted. Fingers crossed you may hear something positive tomorrow.

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Squitch · 11/10/2012 07:27

Thanks Ouch. We're 20% under the asking price and could afford to go higher but I don't think it's worth more than that. It is nailbiting, but our plan is to sit tight. The house has been on the market for 18 months and the only reason it's not sold is because it's priced way to high - i don't think the couple have parted on the best terms and according to my source (my mate whose mum knows them) - if one accepts an offer the other rejects it, mainly just to piss each other off.

They must need to sell it now though, both have other mortgages - Hopefully today will bring good news!

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marykat2004 · 11/10/2012 08:56

Haven 't read all the threads yet but joining in this thread. Our property is on the market, and we are looking to buy in another town. Possibly that could be difficult as other town is 2 hours away. Saw some great houses last time we went there. Going to look this weekend, too, but can't put in any offers until we have an offer on ours.

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nancerama · 11/10/2012 11:48

We didn't exchange yesterday. The solicitor at the top of the chain decided to go AWOL. So long as we exchange today, we're still on track to complete next week.

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LondonSuperTrooper · 11/10/2012 11:54

Whhhhhhhhoooo that's great news!

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financialwizard · 11/10/2012 12:12

Squitch I feel your pain, only we are at exchange stage and are waiting on the financial agreement between vendor and stbxwife before we can proceed. I sincerely hope that they come to an agreement soon because although we are in work accomodation and can sit tight it is still not ideal.

LondonSuperTrooper thanks, we are still holding on at the moment. Hopefully we will find out soon but I hope that they don't want to re negotiate on price because if they do they are going to have to wait until after my husband returns from his work trip in December (goes this weekend). If they don't re negotiate we can complete without him.

nancerama Sorry to hear you didn't exchange yesterday. Hopefully things will get sorted today for you.

To everyone selling as well, keep your chin up. It will happen eventually Smile

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ComradeJing · 11/10/2012 12:20

May I join please?

We have found what I think is a perfect house for us. Weirdly it was the first place that we walked into and DH and I loved it within about ten paces of the front door. It's well within budget and ticks all of our boxes. However, since they bloody auction everything here (Sydney) we have to wait until this Saturday to see if we win it. I'm hoping that we will - the biggest danger is that we will spend too much or that some crazy person comes in and goes madly over the top on price. There has been lots of interest too so who knows.

So fingers crossed for Saturday.

DH is away on work but will be phone bidding via an auction rep who will bid on our behalf. I'm torn between staying away from the whole thing and going down and watching. I am 35 weeks pg though and with DD who is almost two so not sure if that's a good idea!

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nancerama · 11/10/2012 13:09

We've exchanged! 8 days to go until move day. I've had a civilised cup of tea and a chat with our vendor today - she's lovely and we've exchanged numbers in case we need to discuss any last minute things.

Suddenly I'm not very stressed. Grin

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weedonleg · 11/10/2012 13:28

Congrats on the exchange nancerama! And hello everyone who has just joined. Our offer of 3% off the asking price was rejected, so we upped it by 5K (which is what they said they wanted all along) and it was accepted.

Feeling a tiny bit miffed we didn't manage to get anything more than 2% off (we're largely cash buyers and in rented for god's sake!) but do think the house was fairly priced, is in a very unique setting and we know that it will be a stunning home once we've got our hands on it.

We've a agreed a completion date in Feb (to coincide with our rental agreement) and the vendors have said they will move into rented if they can't find a chain free house, although that's obviously not binding. Here's hoping though!

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wendybird77 · 11/10/2012 17:43

Congratulations to all those with progress and fingers crossed for those still waiting! We are in the waiting camp at the moment. My solicitor is awesome - everything gets done the first day it can be done and everything gets emailed over as soon as it comes in. Just waiting for their solicitors to come back about some enquiries and then we are ready to exchange. Just in the process of picking out flooring hopefully to be installed before we move in, which builders think is possible (if only they would ever get the quote back to me!). I think we are going to be in by the middle of November with new flooring and doors where they should be! Good thing as we've invited about 20 or so people over for Thanksgiving Grin I don't love the house, but am so looking forward to getting settled in and maybe I will love it once I've got my hands on it.

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financialwizard · 12/10/2012 07:55

nancerama Envy

wendybird77 I have been picking out flooring and curtains and all the other stuff we need (have a large spreadsheet - it is amazing how much the little things add up to). I am also trying to get the flooring and painting done before we move in (end of November/Beginning of Dec) but I am not holding my breath at the moment as we are still waiting for the matrimonial home rights issue to resolve. We are just debating how long to give the vendor before considering pulling out. Probably January. The offer runs out in March and whilst we aren't in a major hurry it would be taking the piss if it carried on that long. The vendor sold us the house on the basis we could do a quick sale and now we are wating on him.

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LondonSuperTrooper · 12/10/2012 09:17

nancerama- Congratulations!!!

weed - can understand why you are miffed but hey the offer was accepted Smile

wendy I'm assuming that you cannot do the flooring until you complete the sale?

We went to view our house to be last night with my parents.... I still love it and now I'm really excited about moving in. We've still got a long way to go though. Estate agent seems to think that we can exchange in 4-6 weeks as the vendors & us are chain free!! I think that puts us right in the middle of Christmas? Not sure whether that would be a good move.

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nancerama · 12/10/2012 10:23

London go for it. Nobody wants to move at Christmas. You should have your pick of moving dates, and think of all the lovely bits of fabric and furniture you can pick up in the January sales.

So long as your survey doesn't uncover anything horrible and you both have good solicitors it will fly by in no time.

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LondonSuperTrooper · 12/10/2012 11:25

nancerama You mean that I should over at Christmas?

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ComradeJing · 12/10/2012 11:31

London 4 - 6 weeks puts you at mid november. Still a little way before Christmas!

Lawyer has looked through the house contract and nothing has been flagged as an issue.

So nervous and excited about the auction tomorrow. Wish us luck!

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LondonSuperTrooper · 12/10/2012 11:55

ComradeJing I know.. however I do think that the estate agent is being optimistic as our offer was only accepted 10 days ago! So far we have not had survey done etc. I guess middle of December is the worst case scenario and I was keen to find out what everyone though.

Best of luck with the auction!!!

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financialwizard · 13/10/2012 08:31

ComradeJing - good luck today. Will keep my fingers firmly crossed.

London - I would definately go for a move mid-December. I am in my husbands work accomodation though and although it is still our home at the moment I would kill to be in our own house.

Still no news on our front. I am getting incredibly impatient now. I just want to know if I can buy a Christmas Tree or whether I have to hold off to get it when in the new house! I know

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MadBusLadyHauntsTheMetro · 13/10/2012 11:53

I'm FED UP with this shit.

Nothing has happened, we're not in a process or anything. I'm just fed up with looking (six months, in ever less ambitious areas as we discover we can't afford them), and having EVERYTHING half-decent turn out to have problems with it the cumulatively (because it's never just one bloody problem) put us off.

Last house we bought, I might add, was covered in nicotine and cat piss and had a flooded cellar, and the survey was as thick as a telephone directory, so I wouldn't say I'm particularly princessy about house-buying.

The latest house we like has shitloads of artex everywhere which could cost a bloody fortune to remove if it has absestos in it, which we won't know until we can knock chunks of wall out to get it tested, AND it has some old extensions which I'm not confident there'll be PP & BR for because the vendors were pretty vague about when they were built, AND they are waiting for something to come up in a hens-teeth like catchment area, and they've already turned down houses in it, so they could be sitting in the bloody thing forever and I WANT A CHRISTMAS TREE!

DP won't talk to me about it any more, he thinks I need to stop worrying. Sad But he's also understandably fed up with his ridiculous commute and occasionally gets really antsy about it and suddenly wants to do something random like move into another rented flat instead, but that just puts the whole buying thing even further into the future.



I am in a tizz wazz. Help.

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AlexanderS · 13/10/2012 13:11

Woah there, MadBusLady! If you like the house, if you really like it, you should put in an offer and then if it's accepted get a survey. The survey will answer your questions about the artex and the extension, or suggest who to go to for further advice. Only once you've got all the information can you really make a decision about whether or not to go ahead with the purchase. It will all work out, you're just experiencing a bit of house-hunting fatigue!

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MadBusLadyHauntsTheMetro · 13/10/2012 14:09

Thanks AlexanderS. You're right, I know. I'm not even sure whether I really like the house any more. It's not perfect, but we could live with its downsides for the sake of moving on with our lives. That's maybe why the thought of a long, hassle-filled buying process is upsetting me so much - because the prize on offer is supposed to be "an easier life". It's not a dream house or anything, it's just better than what we've got.

I've not really liked any of the 25-odd houses we've seen TBH.

I am House-zilla. Sad

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noddyholder · 13/10/2012 14:13

After a year in rented and lots of mind changing and rejected offers I have finally bought somewhere. It is an executors sale though and the person selling is in another town so took our low cash offer on the advice of the agent. It needs everything doing which is what I do for a living but I was looking for the finished article but couldn't find in location I like.It was on for offers over and I still offered 10% below an they took it. Agent even admitted it is very difficult atm as vendors just won't be realistic

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