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Listing, viewings and offers thread 3!

997 replies

Fortheloveofscience · 06/06/2017 10:17

We filled up our old one, hoping I'm not posting out of turn by starting the next, it's the only thing keeping me from going nuts with the endless cycle of no viewings - viewings - feedback - no offer - no viewings - viewings etc!

Hope this is the thread where we all sell and get our dream houses. I'm working from home and doing 'backseat cleaning' - nagging my poor OH who has the day off to do everything for our second viewing this afternoon from the only couple to have shown serious interest.

OP posts:
AnnPerkins · 24/07/2017 14:02

Congrats Gizlot and Dowser.

Gizlot, sorry you've been put off by the prospect of a bidding war. I'd want to get out too, unless I was really mad about the house.

No word from our three-time viewer. I suppose it's too soon to write him off but we're assuming he's lost interest. Still, we have another viewing scheduled for this evening so things are still ticking along.

Yoga, we're quite flexible about the type of property we'd go for, as long as it's in this village. The only things we can't move on are budget and storage space. DH has a lot of music equipment which will need a home - preferably in a garage or secure outbuilding.

I saw a new for sale sign as I was driving through our target village this morning. But there's no information online about it yet. I left a message with the EA to call me back at 9.30 and no response yet Angry.

I'm coming to the conclusion I don't have the patience for this process Hmm

Gizlotsmum · 24/07/2017 14:04

AnnPerkins. I nearly went mad this morning. Have seen a few more potential properties so need to sort viewings

LinaBo · 24/07/2017 16:15

And we're sold! (well, STC Grin) Now we just need to find a house. Our buyers don't have a chain, and now fingers crossed for a short chain on the other end too. I'm trying not to be too excited but I can't help it! Wine

SquareWord · 24/07/2017 16:34

Congratulations LinaBo SmileWine

Our buyer's valuation survey is being done on our house tomorrow. I'm hoping that means that their application has passed in terms of affordability etc. Does anyone know? I used to work in mortgage processing but it was donkeys years ago!

LinaBo · 24/07/2017 16:46

Thank you! Just had the most odd thing happen: some estate agents knocked on my door to ask if we are still on the market Shock. I suppose they were going to try and sign us up? I never knew they did such things...

Not sure about the mortgage but I would have thought so - I am not very experienced with all this but I thought that the survey is the last thing they do before a formal offer?

Gizlotsmum · 24/07/2017 17:01

Congrats Linabo!

Beckyb1 · 24/07/2017 17:03

Hi square. Just means they've got their mortgage in theory but the bank need to value it in order to make sure it's all okay and they will get their money back if something were to happen. After the valuation they should get accepted within a week or two maybe quicker!

YogaDrone · 24/07/2017 17:07

Congrats LinaBo Smile

Hopefully something even better will come on the market for you Gizlotsmum

We've had a weird day. The people who viewed on Saturday asked it they could come back for a second viewing today. The estate agent is convinced they will offer but the predicament (assuming they do) is that our house isn't even being marketed yet. We only had the photos taken today. DP is of the opinion that if they do offer we reject unless it's asking price.

This couple seem very nice and have seen a lot of properties and have told the estate agent twice now that ours is the best fit for them that they have seen. Fingers crossed I guess. The haven't even offered yet so I'm getting way ahead of myself!

Gizlotsmum · 24/07/2017 17:15

I think you should hold out for fap. We went to our first viewer for 2k under but because of the deal we have with the EA we would have got a maximum of 1k more and I like not having to keep the house viewing ready!

DragonMamma · 24/07/2017 23:22

Sorry I haven't caught up with all the offers etc., this whole selling nonsense was getting me down.

But, what do you know, we've only bloody sold the thing today 😁😁😁

We have nothing to buy as yet, but I'm hoping something will come up.

Where are you moving to LinaBo, I'm in South Wales too 👍

LinaBo · 24/07/2017 23:38

Thanks everyone Flowers

DragonMamma, Bridgend-ish Grin - we don't know exactly where yet, but ideally 15-20 min drive from DH's office in Bridgend.

LinaBo · 24/07/2017 23:40

And congrats on the offer too 👏🏾

Fortheloveofscience · 25/07/2017 09:04

Hi everyone, ducked out of this thread for a while as it was starting to get me down, but was missing everyone's news too much.

Huge congrats to those who've sold Grin.

We gave EA notice on Saturday but can't decide which agent to switch to. Another price drop has led to some viewings, but we seem to have the worst luck - one viewer came last week just after an ambulance and police cars had pulled up outside (which NEVER happens on my road!) and so just drove straight off again!

OP posts:
Dowser · 25/07/2017 10:23

Thank you for your good wishes
Mine was on the market for just over 3 months with a guide price of £65k
After 15 viewings and negative feedback I got one rubbish offer , which he escalated to another rubbish offer.

I was advised to drop the guide price by £2.5k , so I agreed.
I'd started paying council tax by this point.
Just over a week after dropping it I got the offer and I decided to go with it.

What I knew , was that the buyer had to put £6k down as a deposit that is locked in. He can't get it back and can't come back for more reductions. So, in actual fact he has paid £62k

So by going to auction you have less hassle. My EA worked tirelessly on my house. It probably had 20 viewings in the 3 months.
In actual fact I probably got £58k for the house as normally I would have had to find around £2k ea fees.

Does that sound right.
I paid £120 for an auction pack. That's all with no hassle.

Don't know if it's anything anyone else wants to consider but we literally signed the contract on Friday afternoon, the ea rang the office and the three lads there started ringing all the investors on their list and by the end of the day they had three viewings for the following week.

I know I was in a different position. Anything I got was a bonus and it didn't have to go on another accommodation.
I'm pleased it worked .
On the other hand my daughter had her bungalow up for 5 years and had about 4 viewings. Nice area, two doors from mine. Couldn't believe it wouldn't sell.
In the end she rented it out ( no mortgage) and the rent pays a big chunk off their new house.
Her tenants love it. Originally planned to stay 6 months but 3.5 years are still here.

Would renting out your house help or if it has a mortgage on it, would it be more hassle.

drspouse · 25/07/2017 10:35

Right, no viewings for 3 weeks. Time to ring a couple of other agents for quotes.

drspouse · 25/07/2017 13:45

First agent coming to look tomorrow and other one on Friday. Both massively surprised we have had no offers and hardly any viewings, given the incredible popularity of our road.

AnnPerkins · 25/07/2017 14:10

Sorry the process has got you down, Forthelove. Hopefully a relaunch with a new agent will get you a result. How unlucky about the ambulance!

drspouse, again a new EA could hopefully inject some new life into things for you.

Yesterday's viewers want to come for a second look this afternoon so we're crossing everything - again. The three-time viewer is apparently have a long think before deciding, can't blame him I suppose, it is a very expensive decision.

I had an interesting chat with my EA about our forward purchase. I told him I liked a house that is advertised for rent in our target village and he recommended calling the letting agents and asking if they're interested in selling. He doesn't think it is necessarily out of our budget, although I think we'd be really lucky to get it. Got to be worth a try though hasn't it?

He also said we had massively over offered on the place that turned us down, like by about £20k. So if we do decide to have another try when ours is sold we'll be knocking our offer down some.

MissDollyMix · 25/07/2017 15:55

Hello, may I join you? Well, I say join but I was on this thread a couple of months ago but dropped off when things seemed to be going smoothly and now they're not and I'm slightly afraid that RL friends are going to start crossing the road to avoid me and my property based moaning soon!
So, we sold our house back in May, we made an offer on house no.1 that we loved, the owners were very elderly and dithered about with the offer because they hadn't found anywhere to go and didn't seem that committed to moving, so we moved on to property 2 where we made an offer and it was accepted and everything was hunky dory. Except it wasn't and that vendor pulled out because she couldn't find a property she liked (even though we weren't putting her under any pressure), so then there was property 3 which neither DH or I actually liked so we put in a cheeky offer which was turned down and then we agreed we couldn't bring ourselves to up the offer, then there was property 4, which DH and I both liked although we felt it was over-priced but we are getting sick and tired of property hunting so we offered over and above asking price, which the owners thought was great, for about 30 minutes and then it turned out that they had lost the house that they wanted to purchase and now they won't accept our offer as they can't find anywhere they like and then there was property 5 which I loved but DH wasn't sure, anyway, after the losses of properties 1-4 I called the EA to see if it was still on the market, only to be told "yes" but surprise, surprise the owners can't find anywhere to buy at the moment! I feel like screaming! Here we are with a reasonable budget and not being particularly picky - except we just want to be in the catchment for a particular secondary school and we simply CANNOT buy a property. I'm becoming a woman possessed; I'm now on first name terms with most agents in our area and checking rightmove hourly but nothing is happening. I'm told it's just very quiet at the moment but I'm beginning to loose patience and I'm so worried our buyer will too!

drspouse · 25/07/2017 16:52

Oh my missdolly, you couldn't make it up could you?

DragonMamma · 25/07/2017 20:49

LinaBo you'll be not too far from me then! I'm about 20 mins from Bridgend too.

This house selling/buying business is bloody hard work.

There's a house that I know two agents have valued, that I will love (I know it!) but the owners haven't given either the go ahead. I'm already panicking about having nothing to move too...

HaveAWeeNap · 25/07/2017 21:45

Dowser - so you put your house on at auction?
We really, really need a sale. And I'd like to know asap that we've a buyer locked in... I can't cope with the lengthy and uncertain wait to get to exchange!

drspouse · 26/07/2017 13:02

First new EA coming this afternoon - what should I ask?

Gizlotsmum · 26/07/2017 13:25

Right. Have booked a shed load of houses to see. Would you as a seller be offended if a first viewing took notes? Having to do most of them with kids (!) and without husband!

MrsPussinBoots · 26/07/2017 14:20

Hello, first time buyer here but I've found it very helpful to read the whole thread and learn from all of your experiences. Spoke to a mortgage adviser this morning who has given me a maximum budget and found a house which I'd like to look at. Except the estate agent is too busy to do a viewing before the middle of next week. Is that normal? When trying to rent a property I've always been offered same day viewings.

Also, the property has been listed at the same price since August last year. Previous buyer dropped out due to problems in the chain. Do you think that means wiggle room on the price?

Gizlotsmum · 26/07/2017 14:33

I'm booking viewings for the end of this week so a few days ahead but it depends if agent or vendor is doing the viewing? Potentially wriggle room on the price, depends if they have found somewhere or are happy to wait. Good luck