To those selling in these difficult times

Debras_Angel

Hi Pawpurrs,

Just started reading this thread this morning and sorry it's all fallen through. It's so disheartening and frustrating.

We've been on sale for 8 weeks and had 1 viewing 2 weeks ago and they put an offer in at £35k below the asking price. We have already put the house up for what we paid over 2 years ago.

So holding fire as we don't need to move but want to move.

pawpurrs

Devastated but what can you do?

Debras_Angel

Hang in there, did they have a good reason to pull out (like didn't get the mortgage)?

Davesnave

pawpurrs wrote: »

my buyer has pulled out:(

So sorry to hear that. Last month was a record low for mortgage approvals. From what I can see, agents are doing their best to sustain chains, but funding gaps are often just too wide to fill.

pawpurrs

Feel so low. Hopefully some one else will want it.

do_it_today!

Davesnave wrote: »

People's stories here give a personal face to the 'housing crash'/'credit crunch' headlines and show what they really mean, both in practical terms and in sheer emotional strain.
.

Hi all :hello:
sorry pawpurrs for your bad news...

Ironically I was convinced our buyers were going to gazunder at the last minute but they came through and we completed last week :j BUT now I am still heavily pregnant and miserable - currently living out of bags in parents spare bedroom :mad: with stuff in storage - which I visited today to discover a german cockroach crawling around in the unit :eek: ! at this point I feel like getting rid of everything (how do I know when we do move it that we wont be transporting the !!!!!!s with us!! :eek: )
The house we alledgely had an offer accepted on is still being marketed despite being told it wouldnt be as we have committed £500 for survey :mad: - we offered less than they wanted but am worried they would drop us at a drop of a hat for a couple of ££££ more.... and also dont feel they are commited to moving quickly! have investigated renting briefly - nothing suitable is available(we have a little dog) and everything seems to be complicated what a nightmare

GDB2222

Hi Do It Today. My experience of the previous house price recession is that it was almost impossible to line up a purchase and a sale at the same time. We managed to sell with a flexible completion date, so that we had a few months to look around for a new place. In your place, I would either make myself comfy at parents or rent somewhere. The last thing you want, having sold, is to get stampeded into buying something that's over-priced or not right for you. Besides, prices still seem to be dropping like a stone, so time is on your side.

Debras_Angel

GDB2222 is so right, don't rush into anything as everyone keeps sayingit's a buyers market but it has to be right for you.

We may be buyers but most of us are not looking for an investment just a home.

I'm a great believer in what will be will be and the right buyer/house will come along eventually, if you are patient (which is just as well in the current market)!

do_it_today!

GDB2222 wrote: »

Hi Do It Today. My experience of the previous house price recession is that it was almost impossible to line up a purchase and a sale at the same time. We managed to sell with a flexible completion date, so that we had a few months to look around for a new place. In your place, I would either make myself comfy at parents or rent somewhere. The last thing you want, having sold, is to get stampeded into buying something that's over-priced or not right for you. Besides, prices still seem to be dropping like a stone, so time is on your side.

Thanks GDB2222 we have a really good mortgage which we are hoping to port but only 6 months to do it in!
not enough space to get comfy at parents literally or mentally! :rolleyes: so renting seems sensible but the places I have viewed are either:
unsuitable
unavailble to pet owners
unavailable for at least a month because of marital splits or people waiting to move into somewhere else :eek:
I thought this renting lark was supposed to be easy - but its like buying a house and getting ripped off in the process :eek:

pawpurrs

Doittiday is the house you want still accepting viewings or just on the internet?
Are you still going ahead with the survey?