Deal Fallen through...such a stupid system.

Deal Fallen through...such a stupid system.

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russy01

Original Poster:

4,693 posts

182 months

Thursday 24th April 2014
quotequote all
TA14 said:
russy01 said:
TA14 said:
Dave_ST220 said:
Agents will the see you as a time waster & you're unlikely to get any info from them again.
Is that as opposed to someone, who, having sold their own house spends months of hard negotiating?
Ok, so I'm a time waster now?
As S8 pointed out there are some big holes in your story. When buying in the circumstances that you suggest you need to be ready to move quickly. I moved two years ago and first viewing to moving in was six weeks.
Same here:
R6VED said:
they even turned down a higher offer as we were mortgage approved and ready to go immediately.
So this time I hope you're ready to move quickly:
russy01 said:
As I have said previously not many suitable houses come up for sale in my area, however yesterday two good looking candidates which fit the bill were put on the market yesterday! I made contact yesterday and plan to view the houses today/tomorrow.
There are big holes in the story because I have not told you the whole story, so don't make your own assumptions and continue to patronise me when you have no idea.
There are many reasons it took a long time to get the deal to a workable point and these were out of my control - infact I applied great pressure to hasten the whole process as we only really wanted the property if we could complete before our wedding in the summer!!

As for acting quickly now. Of course I will, whilst I have lost the initial property it has at least put me in a good position for another as I am sold, mortgage approved and literally waiting to go.




russy01

Original Poster:

4,693 posts

182 months

Thursday 24th April 2014
quotequote all
Dave_ST220 said:
Just a thought. You made it obvious to the vendor you really like his place, want to move quickly etc etc. How do we know the other offer is real at all? Could be a friend of the vendor has phoned up offering £10k more trying it on?? Risky in some cases but if property really is so hard to come by there they have nothing to lose? Maybe total bks but you never know.
Understood, but I'm not going to chase it any longer. I have put my cards on the table with the vendor and told them how much I'm willing to pay. If they want to play silly fkers then its up to them, but I'm not being dragged into some bidding war.

We have drawn a line on how much the house is worth to us and that's it. If they come crawling back in a months time as its fallen on its face then I will look at it again and see how I feel then.

But for now I will continue to search for another house. It might take a week it might take another 12months.



russy01

Original Poster:

4,693 posts

182 months

Thursday 24th April 2014
quotequote all
Dave_ST220 said:
OK. BTW next time don't let anything on! If a vendor knows you love something you are more likely to get st like this. Good luck.
Yea I understand that all that, but it would have made little difference. The vendor taking us around the house twice and afterwards spending time trying to get the numbers right is proof enough that we want the house!
It would have all been OK if this other guy hadn't of come along with more cash - but I suppose its only fair. If he has more cash to splash or he wants the house more and is willing to make sacrifices to get the house then I suppose he deserves it.

Its just bloody annoying as I would have liked the house at the deal we arranged! Oh well....