WWYD if you changed your mind after you accepted an offer?

[Fruitysunshine]

House went on the market at end of January. Two weeks ago after 15 viewings and 4 offers we finally accepted one.

Our original reasons for moving were more space (we have 3-beds) as we have 3 children with us full time, 2 who come part time and both have own businesses with mine being run from home.

Prior to going on the market we had looked at extending but the quotes we were getting around here were a minimum of £80k for a two storey extension which is just not possible for us. So, the alternative was to sell, leave the area for somewhere where we could get more space for our money.

Since going on the market our eldest has moved out and is now renting his first place on his own with cousins. (He passed his theory test on Friday so I am having huge mummy moments about him lately.) This frees up a bedroom which we could turn into an office and put in bunk beds for the 2 children that stay with us part time.

Problem is we have accepted an offer and each day that goes by I am looking at my home differently, in an almost longing way like I don't want to leave it. I have lived in 16 different homes in my 37 years so am used to moving around but so much has happened in the few years we have been here, births, marriages, adoptions, businesses, LOTS.

I don't feel this is the right thing to do anymore. However we have this buyer (a company, not family) and I am so aware of the situation we are in with them at the moment. If it was me and a seller pulled out I would be really upset, but this is still my house.

Do I still have to sell at this point? Is it just nerves on my part about moving as there is SO much change going on in other areas of our lives just now, am I nervous because it is the wrong thing to do or should I just bite the bullet and go for it?

I love my house, we have spent thousands refurbishing from rewiring to new kitchen but I can't tell right from wrong at the moment and feel I am blinded by emotion.

Has anyone else been in this situation and if so what did you do in the end, how did things turn out? I have never felt like this before moving before.

bump

tbh, if it doesn't feel right, I think you have to pull out, with major apologies. It happens.

The worst thing would be to go ahead and sell, when it feels all wrong. Even if you change your mind again in six months' time, even if its because you're having mummy-moments, it doesn't matter. Its your house, you only sell if you're sure.

IMO

and yes, they will be pissed off. But thats life.

No you don't have to sell. Just ring the estate agents and tell them you've changed your mind and take the house off the market.

As it's a company buying I wouldn't lose too much sleep over it tbh, there'll be other houses..

Discuss it properly with your other half if you both feel the same then pull out.

Just tell them asap so other side don't spend money on searches etc. But don't worry....not a train smash.

As it is a company buying it I would say pull out - the sooner the better so they don't lose any money. Sounds like there is no real reason for you to sell and you need to be sure this is the right thing for you

Definitely pull out as long as you are sure that you aren't simply being nostalgic.
We pulled out rather far down the line due to my pregnancy hormones convincing me that we couldn't afford to double our mortgage. It was shit to be honest because we sold our house to someone we knew but it all turned out right in the end!

Our vendor pulled out on the day of exchange, after 4 months of contract negotiation, when we had already exchanged on our sale and had a 3 week old baby . He pulled out for no other reason than he had changed his mind.

If you do want to pull out, then you are allowed to , but please please do it now before you cause another family the financial loss and heartache / stress we suffered.

After 2 weeks they are unlikely to have wasted much money.

Fruitysunshine...you are not contractually bound to sell until contracts have been exchanged. (In my experience it is generally rare in residential transactions for a sale and a purchase not to be synchronised...poor assumetheposition's situation is, thankfully, not common).

I would just withdraw if you are unsure. It sounds like you have a property that is attractive to buyers so you may find if you decide to remarket, buyers will be interested still.

Your home,...your happiness

I'd pull out but do it sooner rather than later so you don't muck them around too much. It's happened to me - was very pissed off about it at the time but actually the place I bought instead was better