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Legal to ask another buyer to withdraw accepted offer?

2

Comments

  • poppysarah
    poppysarah Posts: 11,522 Forumite
    Matty12 wrote: »
    Thanks :-)

    Am also thinking of letter boxing the other 9 and asking if they are interested in selling.


    Do that.

    But think about it before you bid up. You're making the other 9 worth more too.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    I would take a weeks breather and ignore looking at houses for that time.

    House price figures are coming out this week and are expected to all be falling. As Poppy says you could end up raising prices up against yourself and overpay if you rush in now.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Thermidor
    Thermidor Posts: 269 Forumite
    brit1234 wrote: »
    I would take a weeks breather and ignore looking at houses for that time.

    House price figures are coming out this week and are expected to all be falling. As Poppy says you could end up raising prices up against yourself and overpay if you rush in now.



    Yes, they're all going to fall by 70% by Friday!:) Isn't that what you forecast 3 years ago, Brit? You need to clean your cyrstal ball.:money:
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    brit1234 wrote: »
    I would take a weeks breather and ignore looking at houses for that time.

    House price figures are coming out this week and are expected to all be falling. As Poppy says you could end up raising prices up against yourself and overpay if you rush in now.

    Although, of course, London is a different matter (generally) when it comes to house prices.

    Hey, they've been looking at property for nearly a year, I think they're happy to buy now rather than wait even longer.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    FTBFun wrote: »
    Although, of course, London is a different matter (generally) when it comes to house prices.

    Hey, they've been looking at property for nearly a year, I think they're happy to buy now rather than wait even longer.

    A week breather isn't an eternity. It just stops people making rash decisions which they may later regret.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    brit1234 wrote: »
    A week breather isn't an eternity. It just stops people making rash decisions which they may later regret.

    I don't believe they're making any rash decisions. From the OP's earlier post, it appears there is a distinct lack of supply for the property he is looking for. It is highly this is likely to change because one of the building societies says there is a 0.5% fall in prices in the last month.
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    Thermidor wrote: »
    Yes, they're all going to fall by 70% by Friday!:) Isn't that what you forecast 3 years ago, Brit? You need to clean your cyrstal ball.:money:

    They *beeping* should have done!

    Do you think the credit crunch (which has yet to hit home for most people) was nothing to do with the inflated amounts people were paying for houses?
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    edited 26 July 2010 at 11:23AM
    poppysarah wrote: »
    They *beeping* should have done!

    Do you think the credit crunch (which has yet to hit home for most people) was nothing to do with the inflated amounts people were paying for houses?

    I agree there should have been a correction, but a 70% crash would have been disastrous for the economy.
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    FTBFun wrote: »
    I agree there should have been a correction, but a 70% crash would have been disastrous for the economy.

    And a bailout of the banks as we've got isn't?
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    poppysarah wrote: »
    And a bailout of the banks as we've got isn't?

    Has the economy collapsed?
This discussion has been closed.
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