How do you pick yourself up?

adele9365

Hi all.

We went to view a house a few weeks ago. We really liked it but being first time buyers we were quite tentative and we left it a few days before deciding to make an offer.

Turns out an offer has already been accepted in that short space of time which led us to thinking the house was even better value than we thought and we are now kicking ourselves that we didn't act sooner.

Now I just have this feeling that we won't find anything else as nice, for the same price.

How do you pick yourself up after this?

My mum keeps telling me 'something else will come along' and 'it wasn't meant to be.'

mandi

As a FTB you can cherry pick any property .

Every house sale needs FTBs like you . Don't be despondent your mums quite right

Edit Is the house still being marketed ? offers can be placed on any property any time until exchange of contracts

Unless the vendor instructs the EA to take it off the market .

R_P_W

Hi, i think it is a fairly common and understandable feeling to have.

We were in the same position, saw a great victorian conversian flat in London. It was top of our budget, we managed to negotiate a reduction in price because the seller wanted to secure a buyer quickly so they could offer on a house.

Anyway, after about a week they came back and said they were taking the flat off the market as they had decided to stay and convert the lft instead. We were gutted and felt the same that we wouldnt find anything as nice in the same area for our budget.

Turns out that a week later the agent called us about a new property on the market, we viewed it that night and made an offer that was accepted.

What was interesting,was that the property we have now bought is so much better than the one we lost and it is £20k cheaper! Thinking back to the one we lost, it wasnt big enough, garden was shared, needed some work doing etc.

So keep your chin up, make sure you are registered with all the agents in your area. In London the best properties don't make it into Rightmove etc as they seem to be snapped up in a couple of days.

inmypocketnottheirs

From a selling psychology point of view, you are suffering from "fear of loss" one of the very greatest motivating factors often deployed by hard sell salespeople.

Your mum is definitely right, as are the other posters above. Something else better/cheaper/more suitable will come along.

Don't forget the old saying "decide in haste - repent at leisure".

If you wih post a link if it is still available so that we can point out any pitfalls and see what else close by we can find.

baskerville_2

Even if the offer has been accepted you can still offer on the property. Legally, the estate agents has to put forward any offers to the vendors, you just have to decide how badly you want it. Until the contracts are exchanged there is still everything to play for, however I assume it would need to be quite a healthy offer for the vendors to consider.

LandyAndy

adele9365 wrote: »

How do you pick yourself up after this?

My mum keeps telling me 'something else will come along' and 'it wasn't meant to be.'

Mum knows best.;)

Well, she does in this instance.:)

duchy

You tell yourself that if the house was meant to be yours -it would have worked out........and as it didn't it wasn't meant to be -and something better is just around the corner !

Trite but generally true

Gra76

When we were FTB'ers we were looking at a time when it was a sellers market and properties were being sold almost as soon as they were put on the market.

We missed out on the first house (which at the time was my wifes 'dream house') because the sellers decided they wanted more money after initially accepting our offer (made at the asking price). We then put in a higher offer at their new asking price. They accepted that, but three weeks before completion they backed out and increased the price again. For me it was just bricks and mortar, but to my wife it was the end of the world. After she had a long conversation with the EA about it she was assured that we'd get a call before anyone else if anything similar came onto the market.

Less than a week later we'd had that call from the EA, to see a slightly bigger house on the next street along which was on at a lower price than the one we'd initially wanted. We offered the asking price, which was accepted. We moved in and haven't looked back since.

We decided to keep tabs on the first house we wanted to see what it eventually sold for. The seller must have done the same trick to plenty of other people than us because for the next 3 or so years we noticed it kept going up for sale, being sold STC, then being taken off the market and put back on for a higher price a week or two later. No idea how the seller could sleep at night but we'd been moved in a few years before they finally sold it.

Don't lose heart - you'll find that the house you want now probably won't be the one you want in a couple of weeks. Your mum is right - there's always something else around the corner!

Jamman960

We were in the same boat a few weeks back, found a really nice house and started putting offers in after the 2nd viewing - they turned around and said if we offered 195k it'd be off the market so we did, we then got a call to say someones gone to 197k so if we offered 200k it'd be off - they got a straight no from us despite us really liking the house, it just wasn't quite worth it and they'd messed us around too much... they can enjoy their long chain for the extra 2k for all I care (we're ftb's with no chain)

There were no other houses around that even compared for 2 weeks, we've finally found one and its even better than the first- better area, bigger, driveway etc etc

Take a look at the sold houses on right move, it seems as though the good ones go very quickly. getting in with the right estate agents helps also - the agents for the one we're buying would only let people with AIP's view before the open house so we got it without any competition

Gonzo33

Believe me your Mum is absolutely right. You will find something that is more suited to you. It has happened to me a few times.

London_Town

To the OP, just wanted to agree with what's been said, that your mum is right and there'll be another house.

When I sold my flat I viewed a little house that seemed perfect in everyway. However, the vendor only wanted to deal with chain free buyers so my offers were rejected on principle.

I remember crying over that house, thinking that I'd missed out on something perfect. Then, a few weeks later, I saw a house appear on Right Move that seemed ideal. I viewed and then offered in less than a week, as it felt completely right. I've now been here over a year and I'm very happy in my home. It's also in a far better area and has a garage which the first one didn't.

I firmly believe things happen for a reason and any property you miss out on, simply wasn't mean't to be.

You'll be fine, don't worry.