We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Can a vendor really accept as many offers as they want?
Options
Comments
-
Thanks for all your replies. We've had it confirmed that both offers have been accepted. The ironic thing is that we are first time buyers with a mortgage in place, so no chain and (aside from cash buyers) surely the best buyers in the current market. We've decided to pull out this morning and keep looking. Thanks again for the help.0
-
MyUserNameWasTaken wrote: »Thanks for all your replies. We've had it confirmed that both offers have been accepted. The ironic thing is that we are first time buyers with a mortgage in place, so no chain and (aside from cash buyers) surely the best buyers in the current market. We've decided to pull out this morning and keep looking. Thanks again for the help.
Their loss.
Good luck with your "looking". Just remember to tell any vendors that your offer is subject to the house coming off the market. If they want to sell they will remove it.0 -
Make sure the EA knows it's because of the contract race - they'll be p1ssed off at losing a likely sale/commission so will be a little less incentivised to sell the house for top dollar.....MyUserNameWasTaken wrote: »Thanks for all your replies. We've had it confirmed that both offers have been accepted. The ironic thing is that we are first time buyers with a mortgage in place, so no chain and (aside from cash buyers) surely the best buyers in the current market. We've decided to pull out this morning and keep looking. Thanks again for the help.0 -
MyUserNameWasTaken wrote: »Thanks for all your replies. We've had it confirmed that both offers have been accepted. The ironic thing is that we are first time buyers with a mortgage in place, so no chain and (aside from cash buyers) surely the best buyers in the current market. We've decided to pull out this morning and keep looking. Thanks again for the help.
You have made the right decision. I was once in a contract race, and immediately pulled out of the purchase. I later found out that there were problems with the title deeds, which the seller knew about, and panicked and set up a contract race in the hope that the eventual purchaser would have acted so fast they would have not found out, or ignored inthe fight to exchange first.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards