Buyers support thread - stressed? Worried? Stuck in a chain? Gazumped? Well come and join us here

[Bakingnovice]

I can't see if there is already a thread like this so here goes..

We finally upped our offer enough for it to be accepted on our dream house. It's been stressful so far and this is just the beginning. We have had so many let downs: vendor changing mind, vendor getting higher offer etc and we hope this sale goes through smoothly. We've been looking for years. Come and join me if you're buying and equally stressed....

[littlecrystal]

The agency which supposedly had 2 other offers (all on the 52th day of marketing) just marked the property as Under Offer on their website and failed to call me back. Is everything lost then?? Am I not even allowed to counter offer? (which would be a massive overpayment) Need to wait until tomorrow to find out. Have been in a similar situation 5 years ago and lost out, so it is not looking good.

Should I go back to the house No. 1 and suggest accepting 6.5k less, the amount my bank is short lending me?

[Misty9]

Little - I would def go back to the other house if its still for sale and explain your situation.

Baking - we went for a building survey as I've had a homebuyers report before and vaguely remember it not being worth it! We actually used the surveyor recommended by reallymoving dot com - mostly because he was the cheapest... But if you have someone recommended to you by friends then I'd go down that route.

Can't remember who said it but, our solicitor has been great and we're all ready to exchange only 4 weeks since offer accepted... But our vendors or their solicitor are a bit less on the ball. So frustrating. Nothing we can do except wait and choose wallpaper

[Bakingnovice]

Little sorry about the house going under offer. It sounds like you'd have to go quite high to beat that offer.

Toomuch - very jel of you being mortgage free. We have been for most of our lives and are now getting a mortgage. To say I'm terrified us an understatement!!

[littlecrystal]

I am in a weird situation. Spoke with the agency today. They said the person dealing with the house should have called me yesterday to collect final offers but obviously she didnt, and as my offer was somewhere in the middle, she just forgot (?) about it. That person is back in the office tomorrow. My initial offer wasnt my final offer. I feel cheated...

[littlecrystal]

Am I on my own stressed/worried here? :)
Well as it appears the agency was suprised "you did not get my message?" (no, I did not. No missed call, no voicemail, no message). The vendor has accepted the highest offer but the agency indicated pretty well what the highest offer was, and said I am entitled to increase my offer. I increased to be slightly over the highest bidder and I am in a short chain, the other buyer is in a longer chain.
Now it is up to the vendor to decide...
I question myself is it an honorouble thing to do after another offer has been accepted but the property is marked as "under offer" and there seems to have been clear lack of communication and it is only matter of the last 2 days, during one of which my agent was off.

Misty9 how is it going with choosing wallpaper your vendors solicitor?

It is quiet here before the weekend!

[Bakingnovice]

Good luck little. You seem to be in a really strong position.

I'm still biting my fingernails about the whole thing. The more into it we delve, the more scared in getting.

[Misty9]

Argh it lost my post!! it said...

Little - good luck and I don't think you need worry re moral of offering higher. You should have been in the running from the start so it's a bit different from calling up when you see an under offer property you like.

Wallpaper choosing going well
I like this for our room www.wallpapersales.co.uk/acatalog/info_11434.html#.Uel358u9KSP please don't put me off, I think I've looked at EVERY wallpaper on the market!
And this for ds's room www.wallpaperdirect.com/products/albany/transport/89704

Signed the mortgage deed today and we're ready to go when they are...

Am I allowed to say I've kinda had enough of this heat....?

[Misty9]

One or two walls only....not all four :)

[Turnipinatutu]

Our dream (but overpriced) house has dropped price!! Still above what we would pay, but getting there. If nobody offers over the next few weeks, we could be in with a chance.
Dh finds out if he still has a job next week and if so we can go back on the market. If not its all over.
This situation is so stressful!

[Bakingnovice]

Misty I love the wallpaper.

Turnip this could be the biggest turn around in this threads history! Hopefully hubby keeps his job and you get the house!! Will you remarket your house?

Flow is everything ok?

Little - any news?

[Turnipinatutu]

Yes, if all goes well.
I don't know what our chances would be of finding a buyer in August though. Not the best time of year to be selling is it?

[littlecrystal]

Turnip, I think it really depends on the house itself and how it is priced, then it would sell any time of the year. Fingers crossed it is good news at your DH's job.

Misty is nice wallpaper!

No news at my side apart that my offer is left through the vendor. Though I am getting cold feet wondering if the house is not too small for us. It is 2 bed, potentially very small 3 bed, about 62sq.m+garage. I love thinking that it is compact and economical and my mortgage will be going down rather then up. But then it needs total refurbishment (though inside only as it is very dated) which has to be done while we live in there.
It is in an excellent spot though, it is detached, not overlooked, surrounded by trees and near some excellent schools.
This is how it looks: here
This is how it could look: here

And this is my current house... a lovely house but the secondary school situation is very worrying.

Need to mention that my relationship with DH is not great and he does not contribute to the house so I have to be careful with not overstretching with my budget.

[flow4]

Thanks for asking, baking. :) I think it's ok, but it's so hard to be sure, isn't it?! I have now signed everything and just need to provide evidence of insurance for the solicitor and mortgage co. They have also apparently signed everything but need to change some details on the inventory and sort out the indemnity insurance for the conservatory... Those things shd be done by Mon I hope and then we'll be just waiting for funds and for the vendors to get back fm holiday so we can complete by the end of the month when my mortgage offer expires! Stress levels still high but manageable!

[Bakingnovice]

Good to hear from you flow. I will keep my fingers crossed.

Turnip - jun to aug are optimum selling months up norf. Mainly because families are moving to get into better catchment areas. The next big selling period is between oct and Xmas. People want to be in before Xmas.

[Turnipinatutu]

Baking- I'm daan Saaf and everyone pretty much buggers off in August! All the schools round here are good so moving for catchments never really comes into it. Funny how things differ so much from one end of the country to the next!

Flow- You're nearly there....fingers crossed for you here.

[flow4]

Thanks turnip and baking. :) I almost daren't think about it any more... But you're right, not far to go...

[thegraduand]

Hello, can I come and join you? I need a hand to hold, we are trying to buy in a bonkers marker, and some agents are trying to stir things to get buyers more ramped up then usual. Saw a beautiful cottage yesterday, we've offered full asking price (which is at a stamp duty boundary) I'm convinced there is going to be a bidding war tomorrow and we won't get it, I need The luck in the world right now

[Turnipinatutu]

Thegrad- play it cool with the EA, just in case they try to play you.
If its at a stamp duty threshold there won't be many others trying to top it I'm sure.
Good luck!

[thegraduand]

Hopefully it will be ok, but the market here was strange. Went to see a very average house earlier in the week that wasn't in a great state and it wasn't really reflected in the price in my view, but just had a call to cancel my second viewing as someone has offered £20k over the asking price straight off.

[thegraduand]

At work today I look like a loon who's over excited about the royal baby. I can't concentrate and am all nervous, but it's actually waiting for news on the offer.

[Bakingnovice]

Thegrad - any news?

Turnip - any news re hubby's job? Got my fingers crossed.

Wave to everyone else.

[thegraduand]

We didn't get the house, bidding war last seen £20k over asking price so we walked away. The hunt continues.

Good luck with removal men, be very clear about costs of using their packing materials. We ended up having a big row when we got the bill