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opinions please on impatient buyer

rumncoke
Posts: 233 Forumite


We are selling our old house which is vacant. Our purchaser's buyer is the bottom of the chain (I will call him Mr A-I know him to pass the time of day etc)
Mr A has offer accepted 18 May.
Mrs B (our buyer) puts in offer 6 June which we accept
I speak to Mr A on 9 June who tells him he has got estimated completion date of 26 June (he phoned round solicitirs to find 1 that could do everything in 4 weeks) His wife will start looking for other properties if she feels they are being held up unnecessarily! He said you don't always get the right story from solicitors about hold ups.
Mrs B & ourselves are doing as much chasing as we can to speed up her purchase.
Yesterday Mrs B solictor has asked her about 3 July for completion on her sale. Mr A solicitor have asked if she can move to rented. (She did consider this originally but then found our house) She has said not possible & suggested 20 July for practical reasons, her purchase & the fact that she has 2 small children & her new partner will be around then to help with move. She is totally stressed out & feels she is getting unnecessary pressure from Mr A. 20 July will only be 9 weeks since Mr A had his offer accepted.
Mr & Mrs A are not selling there current property but will be renting it out once they have moved so no pressure for them to get out on 3 July. He is a well educated 40 year old who runs his own business & is used to being the boss.
Would you go & have a chat to Mr A & explain her situation or just hope her solicitor can persuade his that she is not delaying unnecessarily. She has no direct contact with him & although she said I could pass her phone no on he didn't want it!
Just value some opinions.
Mr A has offer accepted 18 May.
Mrs B (our buyer) puts in offer 6 June which we accept
I speak to Mr A on 9 June who tells him he has got estimated completion date of 26 June (he phoned round solicitirs to find 1 that could do everything in 4 weeks) His wife will start looking for other properties if she feels they are being held up unnecessarily! He said you don't always get the right story from solicitors about hold ups.
Mrs B & ourselves are doing as much chasing as we can to speed up her purchase.
Yesterday Mrs B solictor has asked her about 3 July for completion on her sale. Mr A solicitor have asked if she can move to rented. (She did consider this originally but then found our house) She has said not possible & suggested 20 July for practical reasons, her purchase & the fact that she has 2 small children & her new partner will be around then to help with move. She is totally stressed out & feels she is getting unnecessary pressure from Mr A. 20 July will only be 9 weeks since Mr A had his offer accepted.
Mr & Mrs A are not selling there current property but will be renting it out once they have moved so no pressure for them to get out on 3 July. He is a well educated 40 year old who runs his own business & is used to being the boss.
Would you go & have a chat to Mr A & explain her situation or just hope her solicitor can persuade his that she is not delaying unnecessarily. She has no direct contact with him & although she said I could pass her phone no on he didn't want it!
Just value some opinions.
0
Comments
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Im guessing that everyone in the chain has now accrued solicitors fees and would have to pay those fees of they pulled out now. Perhaps the people in the chain wanting a quicker completion date can afford to loose those solicitors fees, find another house, make an offer and speed things through in time for their preferred completion date - and perhaps they cant and just want to put a little pressure on others to speed things up.
I know when I bought this year, the vendor said he wanted a completion date 'asap', we offered to complete within 4 weeks which it seems was 'too soon' for him :rolleyes:
Ultimately, other than 'chasing' you cant make things go much faster, since you are somewhat at the mercy of other people - it wouldnt hurt, in my opinion to mention to Mr A (when you next pass him in the street) that you are doing all you can, that Mrs B is doing all she can etc.
Goodluck.0 -
I would avoid Mr A and not pass the day of with him until after completion, as you are feeling responsible for Mr A and Mrs B which you are not.
House buying and selling is stressful and when links of the chain pull or push on the next link it doesn't mean it will break but it always means there is pressure. If won't give Mr A any ammunition to use the chain as well.
Stick to discussing your house sale with Mrs B and your solicitor then Mr A will only have his solicitors and Mrs B to bully and boss about.
Good Luck for 20th July0 -
Differing opinions then. We have all incurred costs, which obviously dont want to lose. We had 1 sale fall through at the last minute a year ago, so we are anxious for this not to fall apart.
I do think Mr A is trying bullying tactics to get his own way & having moved myself with 2 small children & husband working away I know how stressful it is. I think thats why I am trying to help Mrs B keep things ticking along.
I just hate not being in control but do realise I personally cant get things moving any faster0
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