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Once offer has been accepted,can the sellers pull out to go with another offer?

245

Comments

  • katew87
    katew87 Posts: 58 Forumite
    I thought once you had the mortgage offer you were guaranteed to get that amount? wow Im confused. Oh well looks like we will save some more money and look for another house. thanks for your advise everyone x
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    Yes, it used to happen all the time :)

    You are still in a very good position and there must be other houses you could be happy in?
  • katew87
    katew87 Posts: 58 Forumite
    Im a virgin to all this as Ive never been a house seller.
    Right I better get my savings hat on or win the lottery so i can be one of these worshiped cash buyers!! :)
  • katew87
    katew87 Posts: 58 Forumite
    Well I want a 3 bed detached, there isnt any others for sale in the areas that I want at the moment so looks like I will have to hope the sale falls through :)
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Up your offer?
    Official MR B fan club,dont go............................
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    There'll be a better house around the corner for less very soon.

    Ignore it. They'll come back to you in a few weeks begging for your offer again. Knock 10% off and see how they feel then.
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    What area are you looking in?

    If its any comfort, this happened to my son last year - and he thanks gawd it did now. He was gazumped on a flat at £185k - recently similar flat, better position was offered to him at £170k and he has turned that down and gone for a much bigger flat, better position for £160k.
  • jenny74
    jenny74 Posts: 497 Forumite
    katew87 wrote: »
    Well I want a 3 bed detached, there isnt any others for sale in the areas that I want at the moment so looks like I will have to hope the sale falls through :)

    Where abouts in the midlands are you? I have a 3 bedroomed detached house for sale. ;) lol!

    Have you got a rightmove link to the house you liked? Just cos I'm nosey!!!

    We've only been on the market a few weeks and have had several viewings, one came back for a 2nd viewing, but his wife wanted a bigger kitchen (:confused: Our kitchen/dinner is a fab size, 19ft I think, so goodness knows what she's expecting!)

    Jenny :D
    I love giving home made gifts, which one of my children would you like? :D :A :D
  • katew87
    katew87 Posts: 58 Forumite
    ess0two wrote: »
    Up your offer?


    We did we went from £175k to 185k and they still wanted the cash buyer!! Just a note 185k for a 3 bed detached in Leamington Spa (Warwickshire) is VERY cheap, we would of spent a fair bit extending the property as It was quite small..too late now.
  • katew87
    katew87 Posts: 58 Forumite
    poppysarah wrote: »
    There'll be a better house around the corner for less very soon.

    Ignore it. They'll come back to you in a few weeks begging for your offer again. Knock 10% off and see how they feel then.

    Well we have found a new build 3 bed detached which is double the size but 60k more..mm im not sure if its safe to touch new builds at the moment
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