Lost out on dream house

11 replies

snakegurl · 04/06/2021 15:25

We viewed a house 4 weeks ago. It was the third one we'd seen and I loved it. We offered asking price, along with 5 others! We didn't get it.

I can't stop comparing every house we see to it. Should I try to forget it, or hold out for one I feel like that about again? Is it likely I will feel the same again? Inexperienced buyer here!

OP posts:

BarkingUpTheWrongRoseBush · 04/06/2021 15:28

We did this, saw the 'perfect house' and missed out. Carried on looking and found one that better suited us and our needs, more spacious bedrooms and better location.

You will find another one that ticks your boxes and you fall in love with.

Thisisanartattack · 04/06/2021 15:30

My DP and I have had 5 house purchases fall through since January, due to various issues with vendors and chains. Each time we’ve just got straight back out and found something else. My honest advice is to try not to get too invested until you have keys in your hand! Something else will come along and whether you choose to wait or settle depends on your current circumstances I think.

Livingintheclouds · 04/06/2021 16:00

I lost out twice - first the seller was taking so long to find an ongoing purchase and due to my own deadlines of needing to be in this summer for school pulled out. We were really emotionally invested in it, had redesigned the kitchen, ordered tile sample etc.
Second house we both felt so at home but lost out to cash buyer.
Now practicalities have taken over and we are buying a house similar to second one, not the same feeling but maybe better layout, but not as good a location but good enough. I'm relieved to have found a place, and though I would have preferred the first house due to brilliant location, I know these are all the same house fundamentally (Victorian terrace) and I can make it as good, at least on the inside. I'm sure you'll find another, but stop comparing them the the one you loved and lost.

Wombats12 · 04/06/2021 16:01

Always another house...

user1471538283 · 04/06/2021 16:12

Oh me too just recently. Whilst I'm gutted another one will come along.

AuntieDolly · 04/06/2021 16:17

Are you in a position to move quickly? AIP etc.
Why did you lose out on this one?

EastWestWhosBest · 04/06/2021 16:17

We had that. Lost the perfect house. We were gutted. Then the house next door came up with the same agent. They called us straight away.
We went to view it but it was dreadful. In despair I called about a completely different house that had just popped up and we went to see it straight away.
Loved it and offered on it as we walked out the door.
Every so often we go past the first two houses and thank our lucky stars they fell through.

Original poster

snakegurl · 06/06/2021 13:13

I found out from the estate agent on Friday - it actually went for £100k OVER THE ASKING PRICE! The market is crazy at the moment.

We're renting, with a huge deposit and no time pressure, we can move slowly or quickly. We offered asking price, along with 5 others apparently.

We viewed a house on Friday which had 16 viewings booked that day (an OIEO), which we've offered on, but I suspect it'll go for silly money. Prices seem artificially high just now.

OP posts:

bouncydog · 06/06/2021 13:39

My mum put her house on the market and received an acceptable offer (to her as she is downsizing) from the first people to view it on the same day. The Estate agent wanted to push for more money but mum said no and I have no doubt that they would have come back pushing the price up as more people viewed it. I know they work on commission but IMHO this is morally wrong.

mklanch · 06/06/2021 17:07

we viewed a house that had 70 bookings over a weekend! it needed over £150k worth of work but it was our dream home. before this big boom the area its located in wasnt in such high demand. we knew we would have to put an offer over the asking. so we put an offer in that was almost £60k over asking price.
we lost out to someone else. the estate agent wouldn't tell us if the other person offered more but did give us the impression that they were cash buyers. we were so devastated. id already decided what i was doing to it and everything. i really thought we would have been the top offer (i do get the impression we were but cash buyers seem to always win). :(

Ideasplease322 · 06/06/2021 18:07

@bouncydog

I’m not sure I follow you logic? Why is it morally wrong to try and get the best price for a house?

If I got an asking price offer on day one and still had viewings booked I would let more viewings go ahead to see if the house was bid up.

In fact I did get a number of offers on day one, I had forty viewings booked, and let them go ahead. I didn’t stake the highest offer, but I did accept an offer above asking price.

Nothing morally wrong about this at all. Unless you are implying the estate agent lied or withheld information I don’t see what they were foi g that was morally questionable?

Flip