Not quite "telling it as it is"

silvercar

moneyistooshorttomention wrote: »

Its 4 weeks because that's the norm and that's what I need and I've explained why I need it many many times (including in this thread) and don't intend to explain yet again for time number 101. Bored of doing so. End of.:wall:

Fortunately, in my case, I'm the one who "holds the cards" anyway and I chose a buyer and vendor in accordance with my needs.

Aright...has anyone else got any vendor or buyer "not telling it like it" thoughts?

If you genuinely hold all the cards, then you can dictate terms. I'm always wary of calling people's bluff if you risk losing face or losing out £££ just to prove a point.

We have had people not telling how it is, including a seller who was supposedly waiting for probate when really negotiating the removal of charges late husband had put on property. And a seller who had to get lenders consent to sell because their debts were massive and building by the day and may not have been repaid from the purchase price. So literally every day completion was delayed meant the debt grew and may have created negative equity.

moneyistooshorttomention

Thanks Silvercar. I get that you are concerned in case I get told a pack of lies by my vendor as to why they "need" whatever-it-is that they actually just want.

My first line of defence against that is an EA who, by now, knows me well enough to turn round if they try that and warn them they are wasting their time (ie "Because this vendor of ours will check it out and we've found her telling us all sorts by now that we didn't know ourselves about viewers. So don't even try it...you'll be on a hiding to nothing if you do. She's pretty good at finding things out when she wants to.").

Followed by, if my buyer didn't believe my EA they would pretty soon find out that I had indeed checked and gone straight back to my EA with the proof that they didn't really "need" whatever-it-is but were just having another try-on for what they want.

I was never allowed to be a "spoilt brat" as I grew up...so don't tend to have much sympathy with other people trying to act like that.

silvercar

We had one seller with whom we had many mutual friends. Our solicitor (who knew of them as a fellow solicitor) advised us to tell the whole world that we were buying their house to prevent them trying to pull a fast one prior to exchange. Sure enough exchange day comes and they suddenly decide they would like us to buy the carpets off them or they are pulling out! We said "no" obviously. They said, "ok. we just thought we would ask!"

tim123456789

moneyistooshorttomention wrote: »

Might just be a little difficult to tell friends after I've moved...in the event that I am moving some distance and would have to go in for many hours of travel back and forth to get in farewell meals

You're being asked to complete in a week and are trying to fit in "farewell" meals as well

forget it, there more than enough "necessary" things to do

tim

duchy

Some people don't know how to do business.

Our buyer -pushed for exchange (even though we were still waiting on his solicitor to respond to queries)- then when we got to the point of exchange it emerged he'd gone abroad -leaving his girlfriend (who didn't have PoA and wasn't even a co purchaser to sign - which of course she couldn't. It was agreed we'd exchange as soon as he was back with compleation a week later (no explanation why he hadn't signed before he went and got the solicitor to hold the documents awaiting instruction) but No . He signed on the Tuesday -demanded Friday of the same week to complete and then on the Friday morning wanted to come round "so you can show me how the alarm works and to collect the keys " despite the fact the property wasn't going to be his for several hours (and the estate agent was 5 mins away....and had already told him no to both that day and told him NOT to ring us).

He then threw a hissy fit down the phone and threatened us with legal action if we didn't give him the keys NOW - at which point my BF lost his temper (finally) and told him to .....erm....take a hike !

The best bit ......after all that and having the keys available by 2pm - no-one set foot in the house for another three days........and they've now stuck a piece of paper in the window saying "House to let". Good luck with that-I own another house in the same road and my BTL neighbour did the same thing and ended up with the druggie tenants from hell for three years -police visiting every week, screaming, violence daily -he ended up paying them to leave and they still wrecked the house (dog muck in every room and lit a fire in the bath) as a parting shot.

I can only assume this is the guy's first venture into BTL and he is in for a fairly steep learning curve.

moneyistooshorttomention

silvercar wrote: »

We had one seller with whom we had many mutual friends. Our solicitor (who knew of them as a fellow solicitor) advised us to tell the whole world that we were buying their house to prevent them trying to pull a fast one prior to exchange. Sure enough exchange day comes and they suddenly decide they would like us to buy the carpets off them or they are pulling out! We said "no" obviously. They said, "ok. we just thought we would ask!"

:rotfl::rotfl:

My "tell the whole world" scenario is lined-up in reserve in case my vendor tries to gazump me;)

DaftyDuck

I had a vendor selling a small farmstead (well, would have been a vendor... I pulled out...) who claimed not to know that the village near Dover was a designated expansion site for something between 1500 and 5,500 new homes.... link 1 link 2. He claimed he knew nothing about it, and doubted it was in fact a plan at all.

Given that the plans included a new dual carriageway road through his land, you'd have thought he might know a little. Given he was a village councillor and had signed several of the opposition letters, one might have thought he'd have had an inkling.....

moneyistooshorttomention

He had a rather long nose I presume and was auditioning to play the part of Pinocchio;)