Everything has gone pair shaped

minimadtrix

If you're struggling for money - why not get a small mortgage with a large deposit? You say you are currently on the sick, so which benefits are you receiving? It is possible to get a mortgage even if on benefits (ie Incapacity Benefit) Just a thought

Scully38

Thanks everyone for your help, i've finally got the purchasers to go up an extra 500 pound and that was like hammering nails, and the EA has got the people i'm buying off to knock their price down by another 2k which means I should be ok moneywise, but to tell you the truth i'm absolutely sick with worry that these people are just laying games. I accepted the offer last Friday, today I get a phone call saying they've still not been to their solicitor and got the ball rolling and won't until they see the house again for a third time. Is this normal behaviour? It's not like the house has changed since they saw it a week ago. It's like they're viewing it every week, but nothing is being done apart from putting the offer in. They're cash buyers if that makes a difference.

I've not told the executor as he's just hassling me every few days wanted details on the progress. I'm sick of it all to be honest. Because my mom gave me 12 months to give my witch of a sister the money, then I lost my job to redundancy I couldn't fulfill the arrangement. She's had half the money, but is hassling my uncle who inturn is hassling me to get the money. But I can only go as fast as the buyers, i'm not a miracle worker, but they don't seem to understand that. :sigh: The docs have put me on medication for the time being as i'm losing weight rapidly with all the stress. I just want to move and still have the offer from the original people, they desperately want the house, but obviously can't sell until they get a buyer. Do you think it's worth telling these people who are coming around for a third time to rattle their cage a bit?

As for a mortgage, the man at the bank he say no way chica, not until I get a job. Would love to I said, can I have yours? Seriously though all this pressure is making me go nuts!

timmyt

superbabe612 wrote: »

You DO have options.
Why is the executor forcing you to sell so quickly/cheaply? 10 days on the market is hardly a long time - not reasonably long enough to get a good price for your parents' estate (which the executor should be protecting regardless of your sister). You could put the property back on the market and hold out for a better price. You're hardly being greedy after such a short space of time.
Or, if you tell your vendor's estate agent you simply can't afford to buy at £165k, they either have to compromise, wait for you to find another buyer, or the sale falls through. If they've accepted your offer £35k lower than the asking price, they obviously haven't had any better offers.
Equally, tell your buyer that you can't afford to sell lower than £215k. Plenty of people play games and tactics deliberately; you're trying to save money through necessity! If both of them could negotiate just £1k each it could make all the difference!
Or you could go ahead with the sale, and consider renting somewhere until you find a suitable, more affordable, property.
Have you sought legal advice about the situation with the executor? Or even citizens advice? There's plenty of solicitors on these forums who may be able to help. Why aren't the legal fees and costs being deducted from the estate, the house sale or the 'bits and bobs' fund?
Talk to your GP about how you're feeling - including your weight loss. Or is there someone else you could talk to? A friend, or another family member? Have you read Martin's 'Mental Health and Debt' guide?
You can try disputing the estate agents' bill but you might be better off looking at the bigger picture - what will actually help your situation? Which would you rather have, a discount off a £3780 invoice or an extra £2.5k on/off the price of a property?
Good luck!

Good post! I agree.

Who on earth is the executor? The sale is being rushed and yet the executor has a duty of care to the beneficiaries. Slow it down. SOunds like the property is well underpriced with all that interest.

Remarket it at a sensible price - the execuotr needs to realise that they are potentially in breach of their duty

jamie11

I agree with Timmyt. You are being pushed. Perhaps take a deep breath sit back and reconsider. That's a massive drop on the value of the house, I know times are hard but even so.......

You still have time to break the chain yourself if you find a better buyer, see how they like it.

The same thing has just happened to my daughter.

flora48

You are being pushed, 10 days on the market is no time at all, 15 viewings in that time is remarkable so your EA did well. If there is so much interest in the house you should be getting a better offer, bide your time.

I can't quite understand your situation, are you off sick with depression, or an ulcer or are you redundant? Did you get redundancy pay?

Why are you starving yourself to pay for the searches and solicitors fees etc, these are usually paid from the proceeds on completion. Admittedly you will have to pay for a survey before completion.

You may consider your sister to be a witch but she is entitled to what was left to her under the will.

You should consder carefully what is the biggest purchase we ever make. buy yourself some time by selling quickly if you must and renting for a while till you find what you want. You may consider yourself a cash buyer but to me a cash buyer is exactly that, a buyer with cash not a house to sell.

womble12345

The buyer dropped out 1 day before completion? Had you exchanged?If so you can sue.

charltonkeston

Tell everyone to talk to your solicitor and/or the estate agents or be reasonable with their requests. Sounds to me you cannot do more to accommodate all parties. You might have to be a little more forceful yourself.