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Original poster

We've just sold our house and didn't get the house we sold for

35 replies

Fooksticks · 14/03/2023 09:47

We put our house on the market last week, it's sold and the house we've sold for has rejected our offer 🤦

I'm in Australia so once contracts are signed, it's a done deal. We've got 90 days until we have to move out.

Thought I'd be ok about it as it wasn't 'perfect' just pretty good but I feel quite..deflated. We could chuck more money at it, but I know it's not the right thing to do.

OP posts:
Heje · 14/03/2023 10:23

Where are you going to live?!

Original poster
Fooksticks · 14/03/2023 10:37

For the next 45 days I'll tell myself something will come up. After that we'll panic!

We can, at a push, bunk with family who live 40 miles away but the school run will be a nightmare😫

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dottiedodah · 14/03/2023 10:55

You should be hopefully in a strong position to buy though?No chain as such .Just have to devote every spare minute to house hunting! Dont panic and be thorough in your searches .You can live with family so thats good .Still 3 months left to look

Original poster
Fooksticks · 14/03/2023 11:36

Good advice @dottiedodah don't panic and be thorough.

It's so tempting to panic though and offer more money on the other house. I know dh would if I suggested it. But I just think that would be overpaying, and it does have a pretty big issue the sellers won't fix.

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dottiedodah · 14/03/2023 11:56

If it has a pretty big issue the sellers wont fix ,then I think you had a pretty lucky escape! Defo dont offer more .Apart from overpaying ,you would have this issue hanging over you .Although not ideal.living with your family would be best .you wouldnt have to pay high rental costs and you could presumably stay for an open ended period .

gamerchick · 14/03/2023 12:04

I'd personally see it from what you've said as the universe has stepped in and stopped you making a mistake. Start house hunting.

Gistbury · 14/03/2023 12:06

Sounds like you dodged a bullet. It will work out

jigsaw234 · 14/03/2023 12:18

surely you need to be looking for a rental to tide you over?

mrsbyers · 14/03/2023 12:19

Can you increase the offer ?

FrenchandSaunders · 14/03/2023 12:19

How can that happen!

AlisonDonut · 14/03/2023 12:24

If it has a pretty big issue then that's a good thing surely?

MermaidMummy06 · 14/03/2023 12:29

You have a 90 day contract. That gives you almost 60 days to find a new house you actually want, and ask for a 30 day contract.

Don't overpay or buy a house with problems or you might end up in a money pit or mortgage trap if prices continue to drop (provided you need a mortgage).

You've done it the right way anyway - you should never buy before your sale contract goes unconditional, if possible.

Yoshithegreen · 14/03/2023 12:54

This sort of happened to us, sold our house and the house we wanted got sold the day before we could put an offer in and I was so upset. Our matching offer was rejected.

I am now sat in a much better house than the one we originally wanted, gardens bigger and better location. Don’t panic and start looking, something better might be coming your way. Sounds like the house you did want wasn’t great so defo don’t offer more money.

Original poster
Fooksticks · 14/03/2023 16:07

I agree with everyone (except the pp who said offer more!)

When we made our offer subject to the vendors fixing the issue and they came back and said no, l knew that was us out.

The crazy thing is someone else offered more than us, and didn't ask for the issue to be fixed. That's how crazy the market is where we are.

Unfortunately for the vendors those people lost their buyers today and so we're all back at square one 😂

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Original poster
Fooksticks · 14/03/2023 16:08

AlisonDonut · 14/03/2023 12:24

If it has a pretty big issue then that's a good thing surely?

Issue is fixable but something the vendor should have done and not a hassle we want to take on.

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Original poster
Fooksticks · 14/03/2023 16:11

jigsaw234 · 14/03/2023 12:18

surely you need to be looking for a rental to tide you over?

Won't get a rental around here, they're really hard to get and we're right at the bottom of the list without renting history!

Plus we want to buy as soon as possible.

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Original poster
Fooksticks · 14/03/2023 16:13

@Yoshithegreen glad to hear it turned out better for you. Fingers crossed we can say the same in the end here too.

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TheSandgroper · 14/03/2023 23:05

Keep in touch with the agent. We lost out to another buyer but then they came back to us prepared to deal.

If you are in Perth looking to rent, I feel for you.

EmiliaAirheart · 15/03/2023 02:14

Yikes, I have nightmares about this and my house isn't even on the market yet! I hope you find somewhere even better soon. I wonder if we're in the same city (C?) as the tight rental market and lack of properties sounds similar. Good luck and please let us know how you get on.

Summer2424 · 15/03/2023 02:31

Hi @Fooksticks sorry to hear about your situation, i didn't know about this 90 day rule, we don't have this rule in the UK, really hope you find your dream home soon. Sending you lots of positive vibes x

antanddecland · 15/03/2023 02:54

dottiedodah · 14/03/2023 10:55

You should be hopefully in a strong position to buy though?No chain as such .Just have to devote every spare minute to house hunting! Dont panic and be thorough in your searches .You can live with family so thats good .Still 3 months left to look

Chains don't exist in aus

Monty27 · 15/03/2023 03:09

The agent might pop up with a gem just on or coming on to the market. It'll be fine. Keep searching online as well. Good luck

Codlingmoths · 15/03/2023 03:29

There seem to be a lot of houses for sale despite the downturn so something should come up. And if the something doesn’t quite settle within the time that’s pretty annoying but very short term. I’m in australia and I wouldn’t expect to fix problems because a vendor asked, I’d do whatever works I thought were necessary to sell well and expect people to price their offer allowing for other works needed or they thought were needed.

HoppingPavlova · 15/03/2023 03:45

Probably doesn’t help at this point, but I’m in Australia and we have always taken on a 6 month rental while selling and looking for new places. When kids were young it was an absolute godsend in regards to open house/inspections and really took the pressure off buying. We had two instances where we didn’t find something suitable within 6 months, no place let us extend for another 6 months, the other would not (owners moving back from o/s) so we had to move to another 6 month rental. We used storage for furniture/everything else possible and only took absolute basics of furniture and everything else so packing/moving was really easy and that was with kids stuff as well - they understand their stuff will meet them at the next house. Surprising how little you can live with in these instances!

Original poster
Fooksticks · 15/03/2023 04:36

@Summer2424 I've sold previously in the UK and it's just as stressful but for different reasons. Chains that go on and on and on and on... And no-one being committed to a purchase until the last minute 🤯

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