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Gazundered and worried!

130 replies

Louise866 · 08/04/2017 22:09

We sold our house in early February to the first person who viewed it - she offered 10k under the asking price and we rejected because it had only been on the market 4 days and we had more viewings booked. She upped her offer to asking price the next day and we accepted. She then came round for another viewing and we were very accommodating - let her spend about 40 minutes looking round, didn't follow her around, made her a cup of tea even! All seemed to be fine until about 6 weeks later we were getting close to exchange and we get a call from the EA saying she's dropped her offer by 10k and if we don't accept she's pulling out! Of course by now we're invested in buying a house we love, which she knows. We were absolutely furious as there was no basis for the price drop, no survey issues etc, just because she felt like it. Anyway purely out of not wanting to lose the house we're buying we agreed to drop by 5k, but not 10. She agreed to this. Then she asked (via her solicitor) us to pay for a boiler service. We said no, because it's a 3 year old boiler and we've just dropped the price by 5k! She persisted with this for about 3 weeks before giving in and saying she'll pay for it and is sending a plumber round. Her solicitor has also pestered a lot about us taking out various indemnity policies for silly reasons (not anything like unauthorised extensions etc!) and the buyer has kept threatening to pull out if we didn't bow down to her demands. We've stood firm and she's given in on them. However we're due to exchange next week and she's insisting on coming back for another visit. I initially said no because she had a lengthy second viewing only in Feb and she's messed us about and blackmailed us into giving her 5k off! However of course she's said she'll pull out if we don't let her so I've agreed to a quick visit this week as long as exchange takes place soon after. I'm pissed off that I have to clean and tidy the whole house now and worried that she's not really sure she's going to go through with it or try get more money off.... apparently her solicitor has advised she must be allowed to come round again before exchange to check we haven't done anything to the house?! I've never heard of this and we're not going to view the one we're buying again. I don't really know how she's got the cheek to insist after her gazundering stunt or why she would want to see me after that?! She knows we are not at all happy about the whole situation.

OP posts:
BreakfastAtSquiffanys · 13/04/2017 20:18

I get annoyed when people describe themselves as a cash buyer.

To me "cash buyer" means i have money in the bank and i can buy your house at any time. I don't have a mortgage and i don't need to sell another house.

But a lot of people use "cash buyer" to mean no mortgage but still need money from selling another house.

We sold a house a while back . Couple A offered viewed it Saturday, Couple B on Sunday. On Monday Couple A offered the full asking price so we agreed. On wedensday /couple B ring agent to make an offer, he tells them that we have aggreed an offer with another couple.
Couple B offer over the asking price.

We discuss with agent and he tells us that Couple A are cash buyers but Couple B arent. So we decide not to gazump couple A.
Who drop out 6 weeks later when their house sale falls though
WHAT fucking house sale???

Couple B end up buying the house.
For under the asking price.

swampytiggaa · 13/04/2017 22:03

Oh God yes. To me a cash buyer is someone who could theoretically turn up with a suitcase full of £20's. Not someone waiting on the sale of a house. I would describe them as mortgage free.

We got dicked around by 'cash' buyers too. Lost us the house we were buying due to their lies and evasion of the EA and solicitors. We ended up with a better house after renting for a while tho.

Good luck x

Louise866 · 13/04/2017 22:19

Well exchange has not taken place today, I'm told it was a hold up below my buyer but who knows really. Her solicitor was not communicating with my solicitor hardly at all. The estate agent was pretty much chasing it and ringing round all day 🙄 Supposedly we are 'definitely' exchanging on Tuesday. I'm tired of it all now so just going to forget about it for the weekend and hope it works out on Tues.

She's not a BTL buyer, she's downsizing and doesn't need a mortgage but does need to sell her house in order to buy mine.

Thanks for all the support and input, sorry to hear so many of you have had similar horror stories! No wonder people say it's one of the most stressful things you can do....

OP posts:
Beingsued · 14/04/2017 16:56

mustbetimeforacreamtea yes, we had an offer 5k over the asking price by a BTL on our last sale but let a newly married couple buy it for asking price.
I wanted it to be a home- bit sentimental but I was really affected by being gazundered a few years before.

Poor op, so stressful. Hope it works out on Tuesday.

scaryteacher · 14/04/2017 21:15

If nothing happens Tuesday, then back on market and now £5k plus on the asking price for the buyer to fund the holiday you'll need after dealing with her. Inform the EA that for every day she dicks about and doesn't exchange, the price of the house will rise by £500.

scaryteacher · 14/04/2017 21:15

If nothing happens Tuesday, then back on market and now £5k plus on the asking price for the buyer to fund the holiday you'll need after dealing with her. Inform the EA that for every day she dicks about and doesn't exchange, the price of the house will rise by £500.

JennyHolzersGhost · 14/04/2017 21:58

Nope. No more waiting. Put it back on the market first thing Tues.

Clutterbugsmum · 14/04/2017 22:59

Just put it back on the market tomorrow. If the exchange goes through you have not lost anything.

When we bought our house the seller wanted a quick sale, we managed to get everything done within 6 weeks over christmas and the day we were due to exchange she suddenly wanted more time. I told the solicitor that exchange either happened that day or not at all as she was the that wanted/needed a quick sale.

The sale went through but she took all the curtain poles and light fittings any other random bits with her. Not sure what she did with them as she was down sizing from a 4 bed (3 room rented out) to a one bed flat.

TreeTop7 · 15/04/2017 08:16

Some estate agents are open on Monday around here. If yours is, get them to relist the house. If your buyer is serious, it'll exchange early on Tuesday then!

SparkleSoiree · 18/04/2017 13:47

OP, any sign of exchange today?

MaryPoppinsPenguins · 18/04/2017 23:04

Did you exchange today? Fingers crossed for you!

Louise866 · 18/04/2017 23:07

We have exchanged! Hallelujah! Her solicitor was being a bit (lot) of a t**t and has basically refused to speak to my solicitor at all - refused all calls from her and just passed messages through the EA who she deemed acceptable to speak to. My solicitor said she must be a friend of my buyer to be acting so childishly. The crazy thing is, WE are the ones who have been treated badly so what have they got to sulk about?! Madness. Anyway, whatever. Onwards and upwards. I won't leave the house a mess but I certainly won't break a sweat cleaning it either!

Thanks for all the input, I really hope those who are going through the process at the moment get a good result!

OP posts:
MaryPoppinsPenguins · 18/04/2017 23:12

Her initials aren't AT are they?? Brew

MaryPoppinsPenguins · 18/04/2017 23:12

Wrong picture!!

Confused
Polly2345 · 19/04/2017 07:27

Congratulations!

Clutterbugsmum · 19/04/2017 07:35

Glad you have exchanged and hopefully she won't mess you around between now and moving.

The crazy thing is, WE are the ones who have been treated badly so what have they got to sulk about? She/they are sulking because you didn't give in to her/their bullying towards you. They are probably not used to people standing up to them.

When do is your moving date.

SparkleSoiree · 19/04/2017 12:16

Hurray!! Thank goodness OP! Now you can look forward to moving into your lovely new home, I'm assuming at the beginning of May?

Good luck 🍾

Louise866 · 19/04/2017 12:37

Thank you everyone, we are moving IN 2 DAYS! Another reason why we were so stressed about exchanging last week - others in the chain were insisting on a move date by 21st April!! We're paying for packers - I think it will be worth every penny, we have a toddler and a baby!

OP posts:
SparkleSoiree · 19/04/2017 12:54

Blimey - 2 days!? Packers are a godsend in those timeframes!

EineKleine · 19/04/2017 13:05

2 days?! Fine with packers, would have been hellish otherwise. Congratulations!

Lilmisskittykat · 19/04/2017 13:16

Glad you got there! Been following from the beginning ... love a happy ending x

wowfudge · 19/04/2017 14:33

Good luck for Friday!

WitchQueenofNewOrleans · 19/04/2017 15:39

2 days!!
Good luck and hope it all goes well. You won't have time to do any cleaning for Lady Batshit!

Spadequeen · 19/04/2017 15:51

Good luck with the move.

We bought our current house 7 years ago, horrendous experience. Our solicitor and that of our buyers were awful. I ended up telling the ea if we didn't exchange the next day the whole thing was off, patronisinng prick told me I was playing a dangerous game, it might have been a game to him but I was deadly serious.

Hope the move goes well for you op and good luck in your new home.

Spadequeen · 19/04/2017 15:52

And whilst I agree not to leave the house messy, I'm sure there are certain things you can do which would be annoying g for her but satisfying for you!

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