Help! Offer Accepted But Still Viewings

spuds_2

It's not unreasonable to keep the property on the market until the survey is done. I am sure things will be fine - they could easily have had viewings and not told you. The EA represents the vendor so they have to act in their interests. Once the survey is done, move things on as quickly as possible. Not all vendors are sneaky and dishonest, but they have to be certain you are serious - until you've forked out for a survey, you haven't really committed anything.

QTPie

spuds wrote: »

It's not unreasonable to keep the property on the market until the survey is done. I am sure things will be fine - they could easily have had viewings and not told you. The EA represents the vendor so they have to act in their interests. Once the survey is done, move things on as quickly as possible. Not all vendors are sneaky and dishonest, but they have to be certain you are serious - until you've forked out for a survey, you haven't really committed anything.

Completely agree.

spuds_2

I would also say that if I were the seller and you started demanding us to take it off the market before you'd even had a survey done, I would probably think you were not a serious buyer anyway. Once the survey has been done - ie, you've shown commitment by spending a few hundred ££££, no more viewings is only reasonable. If it's a repo then it's viewings and offers until contracts are exchanged I'm afraid.

besonders1

I hate to say this but the buyer may also accuse the seller of not being serious about accepting the offer. What happens if the buyer paid for the survey then a higher offer is made and the buyer has wasted their hard earned cash on wasted fees. I would stay well away from this one.

TighterThanTwoCoatsOfPain

To throw my 2p in... I have bought / sold 3 times in recent years in both a rising and falling market.

ANY offer i have ever made have been conditional on the property being removed from active market.

As much as i hate it, YOU are buying and are in the driving seat to an extent. That said, depends how desperate you are for the property... Would you up your offer, and do they know it?

QTPie

TighterThanTwoCoatsOfPain wrote: »

To throw my 2p in... I have bought / sold 3 times in recent years in both a rising and falling market.

ANY offer i have ever made have been conditional on the property being removed from active market.

As much as i hate it, YOU are buying and are in the driving seat to an extent. That said, depends how desperate you are for the property... Would you up your offer, and do they know it?

Have you then gone on to gazunder (for no good reason - i.e. other than something returned by the survey/searches) any of those properties?

As a seller, being gazundered is bad enough. If someone insists that you take your property off of the market, THEN gazunders you.... I am afraid that I would make good use of the buyer's name and address in my possession.

QT

TighterThanTwoCoatsOfPain

QTPie wrote: »

Have you then gone on to gazunder (for no good reason - i.e. other than something returned by the survey/searches) any of those properties?

As a seller, being gazundered is bad enough. If someone insists that you take your property off of the market, THEN gazunders you.... I am afraid that I would make good use of the buyer's name and address in my possession.

QT

No way.. problems in survey etc are all fair game.. but people who try and break the deal after its done from either party without a VERY good reason are scum (imo!)

gjchester

TighterThanTwoCoatsOfPain wrote: »

No way.. problems in survey etc are all fair game.. but people who try and break the deal after its done from either party without a VERY good reason are scum (imo!)

We may gazunder on the place we are trying to buy. Nothing to do with being scum (although some may differ on views here) more to do with the fact we put the offer in in November and the vendors have only just found somewhere. Two months of price drops have been in between (2-4% I guess), and probably a few more months before it completes. Why should we finance the sellers tardiness in finding a place (according to the estate agent they didn't even look for a month after they accepted our offer)

domcastro

Tell them to get it off the market. That was one of the conditions of my offer. I'd be very unhappy if I was you.

Mortgage companies are taking ages for offers - didn't get mine until 3 weeks after valuation (which was 3 weeks after offer) . EAs and solicitos were all hassling me but C&G said they had a backlog

domcastro

gjchester wrote: »

We may gazunder on the place we are trying to buy. Nothing to do with being scum (although some may differ on views here) more to do with the fact we put the offer in in November and the vendors have only just found somewhere. Two months of price drops have been in between (2-4% I guess), and probably a few more months before it completes. Why should we finance the sellers tardiness in finding a place (according to the estate agent they didn't even look for a month after they accepted our offer)

Wait to see what the valuation is.
If the valuation comes back lower then gazunder
If it comes back to what you paid - don't worry about it.

EDIT: Unless the valuation was done 2 months ago?