We've been gazumped and I'm distraight!

Alfie1999

I have had a similar experience happen to me today.

We'd had a decent offer accepted last week and the ea promised the house would be off the market with no further viewings. Today we get a phone call saying the vendors have accepted a higher off and would we like to raise ours.

Tommorrow i'm going to be offering the asking price which the greedy sods will obviously accept thinking they've got a bidding war started. I'll leave it a fortnight and then withdraw the offer.

Tiger_greeneyes

Alfie, unfortunately this is going on an awful lot at the moment. I don't know whether it's 'fashionable' amongst EA's to lie about offers, or whether the housing market in your area is moving that quickly that it's actually the truth. You should be able to gauge it as you're the one who's in the middle of it.

Even so, it's taking the mickey, whatever the case may be.

I like your attitude

susy_2

Hi hayleyatthemill, just wondered what you decided? Would love an update

Polovski

I lost the 'perfect house' in May last year but within a week i had found another one on the same road needing less work. i now live in that house whilst the gazumpers live down the road in the 'perfect house' which turned out to have no damp proof course and awful rising damp and they had to have their concrete floors dug up and allsorts - they didn't have a full survey in their rush to get ahead!

karma

Poppy9

Polovski wrote: »

I lost the 'perfect house' in May last year but within a week i had found another one on the same road needing less work. i now live in that house whilst the gazumpers live down the road in the 'perfect house' which turned out to have no damp proof course and awful rising damp and they had to have their concrete floors dug up and allsorts - they didn't have a full survey in their rush to get ahead!

karma

Just goes to show what's for you, you will have!!

madfrenchgirl

oh Anu,

sounds very similar...

Our success (or misery) story: saw hous ein Feb 06, liked it, put it an offer, spent money on sollic, surveys, mortgage valuation, sollics not doing their jobs.

Getting a call from the EA one week before exchange: supposedly, the wife got very sick over the weekend and since she could not work anymore, they would not be able to carry on paying their mortgage on the flat they already had in London... Smelled very very fishy.

So yeah! We were back looking...

In the meantime, my friend who lived round the corner from previsouly said house got her car smashed and vandalised (she parks it in a side alley that gives access to local garages). So not so good place to live in then.

We saw another house that we liked in a quiet cul de sac, younger so no structural work. Put in an offer, while waiteing for exchange, got kicked out of the room we were lodging (a didgy deal with some "friends"), had to go live on a campsite for 2 weeks until someone else took us in. had to live for 3 months with all our stuff in storage and not accessible. Had invited people for xmas, house was taking very long very long becaus eof one stupid piece of paper that no one thought of checking before putting the house on sale (well to sum up half the house still belonged toa corpse so needed probate).

Moral and good ending of the story:

- we found a better house
- we went thru !!!!!! but both Oh and I know our limits
- we went round my friend who lives round the corner from the first house and it turned out that the house next door was getting done up with drive and walls being redone, bathroom getting changed (old suite in front drive), the other house next door was a rental and occupied by very noisy poles. The best thing is: those b@stards actually sold their house to a young family (we know cos we saw them getting home, nowhere aged near the sellers)... "We can't afford our place in London anymore" yeah right!

But hey! Guess what I dont care! Our house is waaaay better.

So dont worry Una, just sing "Always look on the bright side of life" and it'll be ok.

Alfie1999

After getting the call from the ea yesterday saying we had been gazumped we rang back this morning with a higher offer.

We then went out on a few viewings and found a house we both loved which had been put back on sale after the chain collapsed. We made an offer straight away that was accepted so we're delighted.

To top the day off the original ea rang back this afternoon saying our revised offer had been accepted and to quote...'lets get the sale proceeding once and for all'.

Erm...'i've had another offer accepted so i'm withdrawing my offer'.

Hopefully the greedy shysters have lost the other buyers they were trying to play us off against.

[Deleted User]

The very thing happened to me, after my first house fell through with 'structural problems' I was gutted after the next house I fell in love with fell through after the estate agent 'accidently' advertised it in the local press after they had agreed to take it off the market. The result - 2 other people made offers on the house in excess of my asking price offer, of 136,000. Eventually went for just short of 150,000. I was gutted, I really do know how you are feeling, and all this happened whilst I was on holiday and the estate agent rung me to tell me!!! I had to ring my solicitor up in tears, telling him not to progress any further.

Good Luck - there are things better out there, I believe in fate and I found a cheaper, better house. Keep you chin up. xx

hayleyatthemill

Hi susy,
Thanks for asking - we agonised a lot and eventually raised our bid slightly and have been told again the house is ours. But we'll pull out at the very next sign of any messing about. It's off the market now. Feel a bit angry that these sellers have acted this way but we think the house was put on the market at a price that was too low and it's worth what we're now paying for it (if it all goes through..). Will be crossing my fingers for the next couple of weeks and taking out insurance to cover our fees incase it all goes pear-shaped!
Really appreciate all the advice and feel now that if it does fall through after all it won't be the end of the world. Just hope we've done the right thing!

mchu6am4

hayleyatthemill wrote: »

Hi susy,
Thanks for asking - we agonised a lot and eventually raised our bid slightly and have been told again the house is ours. But we'll pull out at the very next sign of any messing about. It's off the market now. Feel a bit angry that these sellers have acted this way but we think the house was put on the market at a price that was too low and it's worth what we're now paying for it (if it all goes through..). Will be crossing my fingers for the next couple of weeks and taking out insurance to cover our fees incase it all goes pear-shaped!
Really appreciate all the advice and feel now that if it does fall through after all it won't be the end of the world. Just hope we've done the right thing!

Don't forget to keep everyone updated with the progress.