Offers

5 replies

Chickpearocker · 02/02/2017 18:39

I had put an offer in for a house quite a few months ago which wasn't accepted, it's a bank sale, suddenly this week there's been 2 viewings and 2 offers. Is this normal or could there be something suspicious going on ? This house hasn't been in demand in the past hence why I am asking

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wowfudge · 02/02/2017 21:27

The bank wants to get as much as possible so want a competitive situation. If you really want it, you'll have to up your offer. Even if they'd accepted your offer they would continue marketing to see if someone else offered more.

GETTINGLIKEMYMOTHER · 03/02/2017 08:38

With repossessions (is it?) EAs often place an ad to say that an offer of £Xk has been received, and anyone wishing to offer more should do so by such and such a date.

I have a feeling they are required by the bank/lender to do this.

Have you been told how much the other offers are for?

Original poster

Chickpearocker · 03/02/2017 09:06

Yes they have told me the first offer was low and I went slightly higher. Then the next person put 10k on top. I don't think they have advertised the offer I made otherwise I would have seen it. It just all seems a bit sudden. I know of someone who could potentially be bidding against me as a revenge tactic but that seems a bit far fetched.

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Notyetthere · 03/02/2017 13:00

You mean revenge tactic but they don't actually intend to buy it? Call their bluff.

Bank will keep the house on the market till you have exchanged.

Original poster

Chickpearocker · 03/02/2017 19:10

Thank you! Think I will call their bluff if it's dodgy the other person will pull out and if not I will still be able to come in with an offer.

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