Help please

bakerp

Hi all i have a quetion to anyone that may have done this already.Please could you tell me if you can start going ahead with a sale with if you have not sold.We have found a house we really like and had a chat with the vendors and they have agreed our offer and are happy to wait for 3 mth for us to sell ours,but the EA is getting arsey with them.Can they do this?and could we start going ahead with solicitors we are both in agreement.I can't see a problem unless we don't sell quick enough,can anyone else.Thank you in advance

CloudCuckooLand

Think you mean 'can we go ahead with a purchase, before selling' ?

Depends on your definition of 'go ahead'.

If you mean purchase, complete, move in. No. Not unless you've got the money to buy in cash.

If you mean put an offer, be accepted, ask the vendor nicely to wait while you sell. Yes.

No point starting the solicitors in such a situation. You will commit to spending money, then may not be able to proceed.

Keep in touch with the vendor, so they feel happy you are trying to sell. Ask them to be clear about their expectations. And whether the property is still being marketed - which they probably wish to do.

They could still change their mind. So be quick...

G_M

but the EA is getting arsey with them.Can they do this?

Can they get arsey? Yes. Do you care? Why should you? Do the vendors care? Again, why should they?

The EA is just interested in their commission which they don't get till the sale is complete.

But it is up to you and the vendor, NOT the EA, when the sale proceeds.

bakerp

Thanks for the above yes i did mean can we proceed to buy,I know we can't complete until we have sold,but thought it would prove our interest and save time when ours sells if we instruct solicitors they are happy to wait 3 month,we have just reduced ours 12,500 so i'm sure it will sell!!!! all this was the vendors idea when i let them know i had fallen in love with theirs.And they are moving in with sick mum so no chain upwards.Thank you.