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Anyone else trying to buy a house at the moment?

13 replies

Feedtheducks · 10/05/2010 15:03

It's years since I bought my flat and it's all changed... I've had three estate agents not phone me back after I've called to arrange viewings, yet the properties are still advertised as for sale. And when we found one to make an offer on there's already an offer which hasn't been accepted or rejected and is just floating there, because they've got a house to sell, and they'll take an offer from us as well and then just see... it's all very confusing and not a little stressful... anyone else going through this?

OP posts:
cathbath76 · 11/05/2010 10:12

Yes, we've found the same...

We were interested in one property but the vendors kept saying they had other offers on the table... they then accepted our offer, and gazzumped us a day later.

Now we've put a serious offer in on another house (only 2% under asking price), but the vendors are still holding out for nearer to the asking price, and taking AGES to get back to us on our new offer.

The estate agents we've dealt with almost seem a bit disinterested - it's very strange!

narmada · 11/05/2010 22:23

cathbath76, how greedy of the vendors. You offered them 2% under and they are hanging around??? More fool them. It would make me want to walk away.

We have had similar experiences with disinterested EAs, I don't know what it's all about...

cathbath76 · 12/05/2010 14:14

We had our offer accepted at £5K under asking price (the vendors had just reduced the price by £10K, after a few months on the market, so in their minds it's £15K off). House is off the market and all seems to be moving ahead now... trying not to get too excited in case it all falls through... but am quite excited all the same!

Feedtheducks, has your offer been accepted? Fingers crossed that it works out for you.

fruitstick · 12/05/2010 14:41

Congrats cathbath.

Someone offered the asking price on the house we were bidding on and we just can't stretch to that (we bid 3% under and almost had to sell the children).

The property hasn't even made it onto the market yet - which just makes me even more depressed about how many other properties have been sold before being published.

I know I've said this before but I can't take much more of this.

NoseyNooNoo · 12/05/2010 15:22

I could just say ditto to fruitstick's - someone else offered full asking price and we'd offered 3% below - grrrr!

I too can't take much more of this.

ronx · 12/05/2010 15:29

I need someone to buy my own house first [sigh]

Gracie123 · 12/05/2010 15:30

It's driving me insane!

I know you are supposed to play this silly negotiating game where you pretend you have less money than you do and slowly compromise on an offer, but I prefer honesty, and when I make an offer it's my full mortgage capability!

So sick of vendors trying to negotiate more after accepting and the getting gazumped.

Had offer accepted on 3rd house and really hopin this one goes through. Especially as employer have just issued us with our 8 week eviction notice [scared]

cathbath76 · 12/05/2010 15:31

Fruitstick, NoseyNooNoo, really sorry to hear that

NoseyNooNoo · 12/05/2010 15:59

I am officially pi$$ed off with it. We weren't even given the opportunity to up our offer. There are cuurently 4 houses on Rightmove that we have offered on and not been accepted, and none of those have completed yet, in fact 2 still aren't even under offer!

On top of that, DD has the pox, DS is tantrum-central and my washing is on the line getting soaked.

Think I might be about to scream!

Feedtheducks · 12/05/2010 19:41

I don't understand what's going on - why are so few people selling their houses when there seems to be such high demand at the moment?

We've put the house we were offering on on the back burner as it's a bidding war/selling flat race with the other interested party and I can't be doing with getting into that...

going to see a few more on saturday but can see it's going to be tricky getting "the one"

sigh.

OP posts:
Gracie123 · 13/05/2010 14:17

People are refusing to sell because they are completely deluded about the value of their houses!

We put an offer on a 3 bed that needed complete gutting and re-doing (students lived there for years - think burnt out cars in the yard, no carpets, evidence of bonfire in the living room, no kitchen - just microwave, toilet bowl smashed, sink not attached to wall) but we thought it would be fun to do up.

The guy wouldn't accept our very reasonable offer, and insisted it was worth at least £45k more (even though it was only advertised at £30k more - apparently the estate agent refused to advertise it for more, he thought he could negotiate the price after viewings ).

We are now trying to buy a new build, 4 bed, nicer area for the asking price of only £18k more, so still £27k less than he wants.

daysoftheweek · 14/05/2010 21:48

agree with gracie however here in London apparently BTL landlords are flooding the market with properties thay are trying to offload before bidget so hold on tight guys....

Gracie123 · 15/05/2010 17:19

That's good to know days!

There is hope for the first time buyer after all...

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