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resubmitting an offer

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My wife and I withdrew an offer we made a few weeks ago. If the house is still on the market, would it be OK to open negotiations once again? We like the house but wonder if things could be awkward as we pulled out after out initial offer was rejected.

Comments

  • tawse57
    tawse57 Posts: 551 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Why did you pull out? That is not me being nosey but perhaps you should think why you actually did?
    This is not financial nor legal nor property advice. Consult a paid professional if in doubt.
  • Apple45
    Apple45 Posts: 90 Forumite
    We are renting, and don't want to move until Summer. also he rejected the offer
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What's the worst that can happen? the vendor thinks 'these people are not serious' so they reject any offer you make.

    Is that so bad?
  • tawse57
    tawse57 Posts: 551 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    The worst that can happen is that they invite you in to watch all 3 Lord of the Rings film and provide you with costumes.
    This is not financial nor legal nor property advice. Consult a paid professional if in doubt.
  • Apple45
    Apple45 Posts: 90 Forumite
    Convinced you are a bit wacky mate, but we all have our quirks!!
  • tawse57
    tawse57 Posts: 551 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Frankly, if you pulled out of buying my house a few weeks ago and then came back with an offer I would wet myself laughing knowing that I have you by the short and curlies.

    I would certainly want a higher price from you now just so that I do not waste my time again and because you must really want my house bad. Or I could be a complete nasty person and let you go to the expense of a surveyor and solicitor and then pull the house off the market at the last minute or ask for an even higher figure just to teach you a point about messing with me.

    In other words, your seller may act in this way - that is the risk you are now going to have to take. But if you have a good reason as to why you did not buy - did you explain to the seller why you pulled out or did you just walk away without telling him the reason - the seller might be understanding.

    Why not go back to the EA's office that was dealing with the seller, have a look around at other houses and get in conversation with the EA who you last dealt with. Act dumb and allow them to think they are talking you back into being interested in the house so they think all the selling is come from them? You never know, you might get it for a few less K.
    This is not financial nor legal nor property advice. Consult a paid professional if in doubt.
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