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Property/DIY

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Original poster

I want that house

20 replies

Wanttobuyitnow · 11/07/2019 07:31

I’ve seen a house that I’ve been admiring for months. I went to see it for a look round at the end of last May and fell in love with it even more.
The thing is, I won’t have the money until September (divorce settlement) so I dare not go for a second viewing too soon, otherwise the owners will expect me to make an offer.

I don’t want to lose the house, it’s a little unusual and it’s not one that everyone would go for. I just wonder if I’m being silly and impatient, or is there something I could say to estate agent to stall them but not look like I’m a time waster ?

OP posts:

wowfudge · 11/07/2019 07:43

If it's meant to be it will happen. All you can do is let the agent know you are interested, but circumstances mean you are unable to make an offer until September and for that reason don't want to mess the sellers around.

Original poster

Wanttobuyitnow · 11/07/2019 07:53

Thanks wowfudge, the EA know I’m interested and that I’m waiting for a divorce settlement, weather they make a note of that I’m not sure. Or weather it makes any difference with others making an offer. They know I will be a cash buyer, nothing to sell and can move immediately. I feel I’m jinxing it as I’m thinking of wallpaper, what to do with the garden etc... I’m stressed already and not even started the process yet haahaa 😁

OP posts:

Crankybitch · 11/07/2019 07:55

Could you make an offer but say you can’t do anything until September? Might give them time to get things sorted out their side?

VeThings · 11/07/2019 07:57

Is the money guaranteed to come in September? It’s not that far away and they are unlikely to have completed house sale by then.

If you can offer cash and you definitely will have the money in September, might be worth going for a second viewing and putting an offer on the basis that you can complete in sept when money is available. They may well go for it. You can also do second viewing late next week to drag our time a bit.

HollyBollyBooBoo · 11/07/2019 07:58

I'd write a letter to the owner explaining your situation and put it through the letterbox (rather than through EA).

Sept isn't far away in terms of weeks.

greenlynx · 11/07/2019 08:01

You could put an offer, then organise searchers and surveys. It takes time and September is not so far away.

Polestar50 · 11/07/2019 08:06

Are you able to offer asking price? September isn't that far away in housebuying timescales.

It all depends on the vendor's position, if they need/want to get things moving quickly or are prepared to wait for a good buyer.

My mum sold her house a couple of years ago and waited a good few months for her buyer for similar reasons (I can't remember the exact circumstances)

My mum already had another house to move into (a holiday home she'd owned for years). The extra time suited her too as it gave her a long time to sort through and pack up her home of 40 years. It all went smooth and amicably.

Can you prove that you will have the funds in September? If so then I can't see why you couldn't put an offer in.
Fingers crossed for you!

JoJoSM2 · 11/07/2019 08:08

I agree. September is just a few weeks away and if the vendors need to find somewhere (ie there'll be a chain), it will probably take a lot longer to complete than a few weeks.

I'd also explain the situation and put in an offer provided you will definitely, definitely have the money soon.

TheBrockmans · 11/07/2019 08:11

September is no time and they might be waiting for an offer before offering on a different house. As long as you have proof of funds available in September then not having them now shouldn't be a problem.

MrsDimmond · 11/07/2019 08:12

Plenty of people make offers before their house has sold so I don't see the difference.

They will only be able to complete the purchase when their house is sold and that can be very unpredictable. You can only complete the purchase when divorce settlement is finalised.

Go for it !

Original poster

Wanttobuyitnow · 11/07/2019 11:31

Hmm, well, so long as the judge doesn’t throw out the consent order, then I should get the funds in September. It’s not guaranteed. The house is 500 miles away from me, so popping letter through letter box is not an option.

The vendors nearly sold to someone back in January, but the sale fell through. But the vendors have packed up a lot of their stuff into boxes and are going to move 300 miles away to stay with relatives when they sell.

OP posts:

Original poster

Wanttobuyitnow · 11/07/2019 11:34

Also, when we do the second viewing we will be negotiating about buying stuff like lawn mower, 3 piece suite off them as they won’t be able to take it all with them, but I guess that’s neither here or there, it’ll be part of the offer made.

OP posts:

DreamingofSunshine · 11/07/2019 11:39

I'd make the offer and say that you are a chain free, cash buyer who can complete in September.

I did similar in May but with an August completion date and it was fine, the searches and mortgage can take 8 weeks so it was unlikely anyone else would be able to complete much sooner.

PazRaz10 · 11/07/2019 11:49

I would definitely make an offer if the money is a certain in September - you are unlikely to complete before then anyway.
Different matter if your finances are not for certain, but if you know what you are getting - make the offer!

HollyBollyBooBoo · 11/07/2019 12:57

@Wanttobuyitnow we have this amazing service called the Post Office...

BlueSkiesLies · 11/07/2019 13:38

September is totally acceptable - by the time you have offered, hopefully had it accepted, had a survey it will be September. Especially with August slow-down.

Original poster

Wanttobuyitnow · 11/07/2019 13:42

Holly... 😂 yes of course, silly me.

Thank you for everyone’s insight.. I think I might wait until the judge gives the go ahead, and then go for the second viewing immediately, knowing that the money is definitely on its way, as I guess it takes a few weeks for it to land in my lap !

OP posts:

purplecorkheart · 11/07/2019 13:54

Have you contacted your bank about a bridging loan?

Original poster

Wanttobuyitnow · 11/07/2019 14:05

Purple, I hadn’t thought of that. Wouldn’t they charge though ?

OP posts:

purplecorkheart · 11/07/2019 15:06

Might be worth it in the house is your dream house and it would probably only be a month or two.

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