house sale/purchase nearing completion. I hope!

house sale/purchase nearing completion. I hope!

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Grandad Gaz

Original Poster:

5,094 posts

247 months

Friday 3rd October 2014
quotequote all
Had a full asking price offer made on our house end of July. it was on the market for less than a week.

All going well so far. We are ready to exchange contracts on the one we are buying. Our buyers had a full survey which came back with no issues at all. Contracts are all ready for them to sign.

Here's the worry though. We have not met them, the estate agent showed them around initially and they have not been back for a second viewing. All we have is their name and address which appeared on the stuff from the solicitor.

Starting to get a bit nervous and am wondering if they might pull out or try and gazunder us any day now! We really do want the property we are buying, as it will be perfect for us.

Do I need to worry?


Grandad Gaz

Original Poster:

5,094 posts

247 months

Friday 3rd October 2014
quotequote all
TA14 said:
What time period is there between exchange and completion?
Not decided yet, but probably a week to ten days.

Grandad Gaz

Original Poster:

5,094 posts

247 months

Friday 3rd October 2014
quotequote all
Inkyfingers said:
It's perfectly normal to get nervous at this stage. The only think that's odd with what you describe, is that they haven't been back for a second viewing.

I can't imagine buying a place without seeing it at least twice, we viewed our current house 3 times.
Exactly, I can't imagine buying a house having only seen it once either! That's the only worry I have.

Grandad Gaz

Original Poster:

5,094 posts

247 months

Thursday 30th October 2014
quotequote all
Well, a bit pissed off at the moment.

Our buyer did eventually come for a second viewing about 2 weeks ago, with both my wife and I being present to show her around.

It was a woman who wants to buy having seperated from her husband. What she failed to tell the estate agent when she made the offer was she is still unable to get the money required, so after several weeks of her delaying tactics, we have just put it back on the market.

Three months this has been going on for! It's not as if she is skint. Her husband (soon to be ex) is a millionaire and I'm sure her family are pretty well off to.
When she was looking around, her main concern was where to put her wine cooler!

Jeez, some people are so frustrating.

Grandad Gaz

Original Poster:

5,094 posts

247 months

Thursday 30th October 2014
quotequote all
T5GRF said:
Sorry to hear that Gaz, it's a nightmare selling a house in this country...
Where are you looking to move to?
Just downsizing a bit, Mark. A few miles away in Stotfold. Prices are a lot cheaper there!

Grandad Gaz

Original Poster:

5,094 posts

247 months

Thursday 30th October 2014
quotequote all
Sarnie said:
hornetrider said:
Nightmare. Disappointing that your agents have not qualified her though.
^^This. You should be giving your Estate Agent a kicking for not vetting her sufficiently.....
I don't know how they would have done that, unless they asked for a bank reference or something.

Is that what they are supposed to do?

Grandad Gaz

Original Poster:

5,094 posts

247 months

Thursday 30th October 2014
quotequote all
fido said:
On the plus side .. 'Our buyers had a full survey which came back with no issues at all' .. you could ask the time-waster to provide a copy perhaps? I did similar for someone when I did the pulling out!
Yes, thought of that. Don't need to ring the time wasters, though. As it turned out, I was at school with the surveyor! It's a small world!

Grandad Gaz

Original Poster:

5,094 posts

247 months

Sunday 4th January 2015
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Just a quick update to this.

Original buyer tried to delay the sale, because she was still waiting for her divorce settlement to come through. We asked for confirmation from her solicitor as to when the funds would be available but had no response.

In the end we put it back on the market and it sold within a week (again) for the asking price. The couple that bought it live and work in Istanbul and flew over just to look at the house! They had just been let down on another property they wanted, so were very keen to move quickly.

We exchanged contracts before Christmas and are moving next Wednesday.

Edited by Grandad Gaz on Sunday 4th January 09:25