Suggestions, PLEASE

mummyof3_2

Oh and myself are FTB.
We've found a house and fallen love with it.
The asking price is £139950
We have slowly increased our offer and it is currently sitting at £135000.
Now the problem.
The couple who own this house are not married and parted ways.
The house has been on the market since December and had 2 others viewing it.
He is eager to sell the property and when we put our first intial bid in said he wanted more nearer the £135.000. Which is where it is now.
She is wanting more money. She runs a business from home and we feel reluctant to move because of this. ( Although at our second viewing she seemed to have somewhere else for her business to operate from ).
We can only stretch to £137500.
The EA is supposed to be ringing today to try and persuede her to accept the offer.
Is there anything else anyone can suggest we do or say that might change her mind?
We'd really love to live in this house and we're stuck on what to do x

scrummy_mummy_2

She might be dragging her feet to get to her ex partner....my mum and dad split a few years ago after 32 years of marriage (I come from a broken home!!) and mum purposely dragged her heels and was difficult when it came to selling the house to get to him. He had moved out and she was still in the marital home you see.
There's not a lot you can actually do unless you know her motivator...and it might not be the money...however, if you keep upping your offer they'll keep taking it!
I suppose all you can do is pretend it's an auction...decide how much you are prepared to go to financially before you back off...offer it and if it is refused find somewhere else.
You might be just getting caught up in their problems.

tanith

Just an observation , if the lady is reluctant to sell and trying to string it out for some reason best known to herself, (maybe she is hoping for a reconciliation) then she may well just keep stringing you along however much you offer..... maybe let it known that you are looking at other houses.... but at the end of the day if she won't budge then look elsewhere


Good luck

Richard_Webster

Or she agrees to it and then they have another row and she changes her mind later when you've committed money to mortgage arrangement and survey fees and your solicitor has done work and sent off searches.

Be very careful.

Either walk away because you don't trust them, or at least make it clear that you are concerned that they will change their minds and you are looking at other property and actually LOOK AT other property - local estate agents talk to each other, so word can get around that you are doing that!

As a conveyancing solicitor I believe the information given in the post to be useful but I accept no liability except to fee-paying clients.

madbazoo

Get a few friends or relatives to go and have a look posing as potential buyers. Get them all to query the price and/or put in lower offers

Leave it a few days and then give them a deadline of 24 hours or you will proceed with another property you have seen.

This will show whether they are serious or not.

Tiger_greeneyes

I'd be inclined to think about the advice from Richard Webster.

Unless the couple are 100% committed to selling then you're in a potential lose-lose situation.

You could do one of two things - forget the property altogether or wait it out for a while, see what happens - but don't part with any money (and keep looking around - there'll always be another house you love just as much)

or

make them an offer they can't refuse, and hope they stick to their end of the deal.

Any property purchase in the UK (with the exception of Scotland) is a gamble - no sale or purchase is ever guaranteed until exchange of contracts - no matter how much you've spent or how much the vendors/the rest of the chain say they want the transaction to go ahead.

Good luck with whatever you do

hungary97_2

you could stipulate that if you go up to 137K that exchange takes place in four weeks with a delayed completion date

david29dpo

true, but she could still change her mind 30 seconds before the four weeks are up and the buyer has spent all there money.