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Buying and selling support thread?!

1001 replies

GinIsIn · 23/03/2016 09:20

Hi, I know there's a sellers' thread, and a buyers' thread, but I am knee deep in trying to do both at the same time and starting to feel like my head might explode and not sure which thread to visit to beg for someone to send Wine Anyone else?!

OP posts:
SweetPeaPods · 13/04/2016 21:13

Would they be willing to meet you half way then, between their offer and your asking price?
No more viewings booked, schools still off here this week so hoping it gets better next week.

StepAwayFromTheThesaurus · 13/04/2016 21:41

I guess they're within 10% Jeremy. I guess the question is whether being free of it all is worth a bit less.

Golden: your buyers are so lucky to be getting a house that's been so happy for you. Grin I think it's pretty normal to feel weird and teary about it. I feel very odd about the thought of not living here any more, and it's only been 4 years. I will miss the place and it's full of things I carefully chose (that can't come with me because they are the house). DH hates it here (for no good reason, and I've warned him that there will be divorce if he decides to take the same stupid attitude to the next house) but the children and I will be sad to leave, even if we are moving to something bigger.

Sorry the EA didn't bother to let you know, mighty. That's not a good way to cultivate someone who may well buy other stuff.

sweetpea: don't lose hope. Someone will come along who will adore your house. The viewers may really gave liked it but they aren't right for the house. We've seen houses that were genuinely lovely but just not for us. They will certainly be right for other people though.

jojo: finding something to buy has been torturous for us. Much worse than selling was. We ended up leafleting houses otherwise we too would probably be waiting for the post-Easter market pick up.

We spent far too long in a windowless room in the bank today answering absurd questions. Why query a Netflix payment but not 10 days of stupid spending abroad? Anyway, the application is with the underwriters and there'll be a survey. Our solicitors have asked for the searches money to hold so they can move quickly when the approval comes in. Apparently the bank will still lend to us even if the survey undervalues by £20k (let's hope there's no undervaluation at all, but at least that's something).

DH got a phone call from the EA dealing with the house we offered on and the sellers kept us hanging for 3 weeks before saying no. Apparently their sale to the peopl they chose has fallen through and they wondered if we'd still be interested. DH just laughed and said they should have accepted our offer nearly a month ago.

Jeremysfavouriteaunt · 13/04/2016 23:45

step I think that it is worth the loss of money, been thinking about it all evening and I think we are going to cut our losses and accept the offer.

StepAwayFromTheThesaurus · 14/04/2016 08:19

At least you have a decision and can move on, Jeremy. There's nothing worse than feeling stuck in a situation.

Jeremysfavouriteaunt · 14/04/2016 09:38

Just spoke to the estate agent, they are not ready to exchange within two weeks as originally said and have put low offers in on lots of houses. Looks like I have been messed around. I had put an offer in on a house this morning on the basis of it.

Anyone else got any news?

StepAwayFromTheThesaurus · 14/04/2016 09:59

Oh dear. Sorry to hear that.

MightyMeerkat · 14/04/2016 13:47

Sorry to hear that Jeremy that's really rubbish

PippaFawcett · 14/04/2016 16:02

Jeremy, that is a shame. Hopefully you will find a serious buyer soon.

Au79 · 14/04/2016 17:35

sorry to hear about that Jeremy.

We lost the house we had offered on, but at least there are two more viewers coming on Saturday. I sort of can't be bothered looking at any others but do have the odd scan online-there is nothing much to buy that I like either.

enchantedfairytale · 14/04/2016 18:27

Hello all, I'm joining as I'm due to put my house on the market this weekend.

Any tips anyone can give me (any at all!) will be appreciated. My house currently has tenants living in it - it's a bit awkward really.

Jeremysfavouriteaunt · 14/04/2016 20:27

Thanks for all your supportive comments, hope everyone else is having a good buying/selling week.

enchanted we are tenants at the moment and also were selling with tenants in- although they have left now.

I gave my tenants half price rent to compensate for viewings etc.
Are you in a position to knock a bit off rent? Have the tenants been given notice or are you selling with them in situ?

PippaFawcett · 14/04/2016 20:54

enchanted, make sure your estate agents have their own set of keys for viewings.

We turned up to view a house to find no estate agent there and the tenants had gone out for the day and no-one had any keys so the estate agent had left! But they didn't get hold of us in time - the house was 50 mins from our home - so we had a wasted journey.

I blame the estate agent for assuming the tenant would be there to give them access, we never went back as we saw enough of the area/dimensions of outside of house etc when we got there and the property is still on the market.

Half price rent is generous - I would have liked that in the past when we were renting.

enchantedfairytale · 14/04/2016 21:02

Well, they are already paying under market rate to be honest but I could look into it :)

SweetPeaPods · 15/04/2016 07:46

Enchanted I would recommend you or the estate agent do viewings. There is a house on my street with tenants in, landlord needs to sell and tenants are being very difficult as they want to stay. They are saying they aren't available for viewings, and when they do a viewing they are putting the viewer off. This is frustrating for me as I don't know what they are saying! Estate agent told me all this when I asked why it hadn't sold yet.

Mummyme87 · 15/04/2016 11:34

I'm waiting in for our buyers surveyor to come around. I was told 10-1.... He better hurry up as I need to snooze pre night shift before the toddler comes home. Not sure what kind of survey.

We have a viewing for a nice house next week, but very good price. This probably means it's going to be very popular

olafisking · 15/04/2016 15:28

Sorry you lost out on the buyers but not really sorry Jeremy, as they sound like they would have just let you down later on. Better to lose them now than later. I hope someone else comes along for you.

Mummyme87 did the surveyor show up in the end? It's a nightmare waiting in for someone when it's effectively for someone else! Over the Easter holidays I had one EPC appt and a surveyor appt for a homebuyers report, and we had already had a mortgage valuation appt previously (with the same surveyor, who knocked 5k off our house value - so a little awkward to see him again!).

We've not heard anything from our seller so we have to assume he still hasn't found anywhere which is frustrating. However our mortgage has been approved so we've bitten the bullet and commissioned our homebuyer's report - it feels risky as if our seller pulls out, we've lost that money, but we owe it to our buyers to try to move forward if we can. It's now 4 weeks since we made our offer and 6 weeks since our buyers offered and no sign of a chain as yet! At least I feel confident that our buyer won't pull out as they have committed to the survey, and in the immortal words of the estate agent 'she's so keen I think she'd buy your house if it was falling down'.

Keeping our fingers crossed that our seller finds something soon Hmm

StepAwayFromTheThesaurus · 15/04/2016 16:10

Haha olaf. Certainly, being keen goes a long way in a buyer. Ours are pretty keen too, luckily.

Hope the surveyor came mummyme, and you got some sleep. And good luck with the viewing.

DH is getting angsty about everything. He phoned me earlier with his eeyore voice on and then proceeded to ask me if there was anything he could do to hurry things along. I said no leave the solicitor alone. They're doing the contract for our sale which seems to be going fine. We've had no other queries from the buyers' solicitors and they appear to be happy with the responses to the ones they did have. Our mortgage app is in and a survey is being organised. There is nothing to chase up at this point at all. Our sellers have a rented place (he's started his new job already) so they aren't trying to buy something else as part of our chain (they're buying a new build anyway). Or at least that appears to be the plan at the moment anyway. We all know that things can change unexpectedly.

Mummyme87 · 15/04/2016 18:13

Surveyor didn't turn up. EA emailed OH saying surveyor went off sick thus afternoon so rearranging another date 🙄

StepAwayFromTheThesaurus · 15/04/2016 18:14

That's very annoying. Hopefully a date when you don't have night shift.

PippaFawcett · 16/04/2016 07:33

That is annoying! We can't decide when to tell the DC that we have found a house and they will be moving. We might leave it until we see how our short chain progresses so we have more of an idea of whether things are going to plan/potentail timescale. We will book another viewing of the house we are buying to take them round as we hope they will be excited when they see it.

Jeremysfavouriteaunt · 16/04/2016 07:41

Thanks ola, yes, at least no money lost. pippa have you exchanged yet?
Au hope your viewings go well, we had another viewing but no interest.

SweepTheHalls · 16/04/2016 07:46

Well we signed contracts last night which is great, but the house wed are buying still has tenants in! Solicitors say no exchange until they have vacated......

Jeremysfavouriteaunt · 16/04/2016 07:49

Have they given notice or been given notice sweep? What timescale are you looking at?
That's a bit frustrating.

PippaFawcett · 16/04/2016 09:26

Jeremy, no we haven't exchanged we have only just instructed solicitors so there is a fair way to go yet. But I don't want to leave it until exchange as that won't give the DC much notice. We also need to declutter so there will be lots going on in the next few weeks that they will notice.

Clockstooticky · 16/04/2016 10:25

Grrrr, we should have exchanged yesterday but my buyer is faffing, he's been saying for weeks that goes money is in place, but now he's waiting for funds. Plus, he's randomly asked to see the house again today. Gaaah. Why? We're moving in two weeks....

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