PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Property under offer - can we still offer?

2

Comments

  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    thenewbee wrote: »

    I've called the EA and it's much higher than ours anyway so unless it falls through we're out of the running.

    EAs have been known to lie in order to encourage you to offer more than you had intended.

    In any case, the person offering might be relying on selling their existing property for an unrealistic price... there could be any number of reasons why the vendor has not accepted it. All that is certain is that if you do not make an offer you will not end up owning the property.
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    thenewbee wrote: »
    We've viewed twice. To everyone overreacting thinking we're gazumpers the offer hasn't been accepted yet


    Then why start the thread ?
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • thenewbee
    thenewbee Posts: 143 Forumite
    Dan-Dan wrote: »
    Then why start the thread ?

    Because I'm a FTB and not sure how best to go about this.... not sure what your point is?
  • thenewbee
    thenewbee Posts: 143 Forumite
    Voyager2002 wrote: »
    EAs have been known to lie in order to encourage you to offer more than you had intended.

    In any case, the person offering might be relying on selling their existing property for an unrealistic price... there could be any number of reasons why the vendor has not accepted it. All that is certain is that if you do not make an offer you will not end up owning the property.

    We've put our offer on the table but in the circumstances doubt it will be of interest. There's a 20k gap between our offer and the existing offer.
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    thenewbee wrote: »
    Because I'm a FTB and not sure how best to go about this.... not sure what your point is?


    My point ? if you had revealed at the start of the thread that the current offer hadnt been accepted yet , then who on earth would have advised NOT putting your offer in ?
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    thenewbee wrote: »
    We've put our offer on the table but in the circumstances doubt it will be of interest. There's a 20k gap between our offer and the existing offer.

    Don't really see the point if offer is 20k less, if 20k more they may be interested.
  • thenewbee
    thenewbee Posts: 143 Forumite
    ognum wrote: »
    Don't really see the point if offer is 20k less, if 20k more they may be interested.

    We have nothing to lose..
  • thenewbee
    thenewbee Posts: 143 Forumite
    Dan-Dan wrote: »
    My point ? if you had revealed at the start of the thread that the current offer hadnt been accepted yet , then who on earth would have advised NOT putting your offer in ?

    I don't know, as I said I'm a FTB and don't know what the etiquette is. Thanks for being so helpful though ...
  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Dan-Dan wrote: »
    My point ? if you had revealed at the start of the thread that the current offer hadnt been accepted yet , then who on earth would have advised NOT putting your offer in ?

    "Under offer" means that the offer has not yet been accepted; once the vendor accepts then the status changes to "STC". Of course, some lazy EAs may forget (or 'forget') to change the status once the offer has been accepted, but that is a detailed complication...
  • Kildare
    Kildare Posts: 316 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Voyager2002 wrote: »
    "Under offer" means that the offer has not yet been accepted; once the vendor accepts then the status changes to "STC". Of course, some lazy EAs may forget (or 'forget') to change the status once the offer has been accepted, but that is a detailed complication...

    This is the first time I've heard this - I've found locally it depends on the EA - some put Under Offer and some put Sold STC. They don't change it afterwards :o
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture