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Buyer threatening to pull out
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natwill_3
Posts: 271 Forumite
My blt buyer emailed me today, berating me for the time my solicitor is taking, its been 2 weeks since he got mort approval.
He has threatened to pull out if I am not quicker.
I told him to let me know if he wanted to pull out now, as I would remarket asap.....8 hours later nothing!!!!!!!!!!!!!!!!!!
He has threatened to pull out if I am not quicker.
I told him to let me know if he wanted to pull out now, as I would remarket asap.....8 hours later nothing!!!!!!!!!!!!!!!!!!
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Comments
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Yes exactly right ,thats the right thing to say.
We have just gone through 9 weeks and due to exchange tomorrow with all solicitors finally talking and agreeing to dates and deposit monies.The bottom buyer agreed with his solicitor at 3pm today to sort the monies as he was off on holiday and by 3.30pm he had pulled out for health reasons.We'd have all wanted to have known this 5 weeks ago rather than getting to exchange.If he is threatening now then I would consider marketing the property again.You want a buyer who wants it come what may.0 -
Yes I think so too...wondering what to do0
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lilyann1 wrote:Yes exactly right ,thats the right thing to say.
We have just gone through 9 weeks and due to exchange tomorrow with all solicitors finally talking and agreeing to dates and deposit monies.The bottom buyer agreed with his solicitor at 3pm today to sort the monies as he was off on holiday and by 3.30pm he had pulled out for health reasons.We'd have all wanted to have known this 5 weeks ago rather than getting to exchange.If he is threatening now then I would consider marketing the property again.You want a buyer who wants it come what may.
God that sucks...health reasons...what run over by a truck...surely he should have been aware of them earlier....tho with the market rising you will prob get a higher offer from someone so sod him0 -
ps do you think I should just put it back on the market?0
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Its a hard one to call, it all depends on whether you trust this buyer to go along now and pull out further down the line or not??? We were told the average house sale takes between 8-12 weeks and if its only been 2 weeks since he's got his mortgage doesn't seem that he is being reasonable.If it had been going on 6 weeks then I would start chasing,like we have been last few weeks.
You have to speak to your agents and solicitors really to see what they advise.0
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