am i the only seller that lives in constant paranoia that the buyer will pull out?

The_White_Horse

that is my biggest fear in this whole palava - that my buyer will just say "actually, i've changed my mind. sorry".

anyone else have this fear????

I should say I am in a chain here. My fear is losing the house I want to buy because of my buyer pulling out.

firebird082

And as a buyer I am living in fear of the seller doing very same thing! No wonder it's so bl**dy stressful

The_White_Horse

I am a buyer too. So that is also on my mind.

When they say moving is one of the most stressful things in life, they weren't joking. As I kid, I just thought they meant the day you moved - I thought, how stressful can that be??? I didn't realise they actually meant the 4 months of hell prior to the actual day - if the day ever arrives!!!

El_Torro

The_White_Horse wrote: »

that is my biggest fear in this whole palava - that my buyer will just say "actually, i've changed my mind. sorry".

anyone else have this fear????

I should say I am in a chain here. My fear is losing the house I want to buy because of my buyer pulling out.

If the buyer has started arranging the solicitor, mortgage, survey, etc... then you can console yourself in the knowledge that pulling out will cost them a fair bit of money so probably won't do it without a good reason.

Probably not much consolation but there you go

Snakey

My seller had pulled out of her previous transaction days before exchange because the market had moved, and was constantly threatening to do the same thing again. In a different market I would not have done business with her, and it certainly added to the stress.

Just think how good it'll feel once you're finally in there.

REDDDRAGGON

firebird082 wrote: »

And as a buyer I am living in fear of the seller doing very same thing! No wonder it's so bl**dy stressful

Same, I just want to exchange before everything goes tits up!

kasperblue

Hang in there! I'm exactly the same and you dread a phone call from the EA just in case its bad news! There are so many horror stories when it comes to purchasing and selling, we forget that sometimes (and most the time) everything works out fine.

jvpari

I'm just living in fear constantly at the moment :-( I've tried to not are all my hopes on the house we are buying but I have! I'm desperate for it!

PasturesNew

Yes, I was kept awake for many nights when selling .... thinking it was all going to fall apart and I'd be stuck with where I was living.

P.S. In my last two sales I have had the first buyers pull out:

1] They got scared when they saw the survey on an old/big Victorian house with lots of issues that were to be expected in a house that age that hadn't already had a makeover. 2nd buyers immediately chomping at the bit to buy it, that went through smoothly.

2] Buyer's buyer lost their job. Still wanted to buy it, but it wasn't my choice as I was acting on behalf of another (PoA) so had to put it to market.... huge rush of excitement and the next ones were in place within 2 weeks. That completed without a hitch. The day before completion original buyer phoned to say they'd got a buyer for theirs, but it was too late.

girlcalledpanda

Earlier on Twitter I said that when you ask for something you're generally told yes or no, waiting for a mortgage offer is being given a maybe then taunted for weeks. I guess it's like for everyone at every stage of the whole process! :-/

moneyistooshorttomention

It was my vendor (ie of current house) that I was nervous about and wondering whether they would change their mind about selling on the one hand or gazump me on the other hand (I'd seen some clues they were thinking about both those things).

I don't think I was that concerned about my buyer (ie of my last house). I was having kittens until my buyer turned up on the scene but, once they did, I just reminded myself that my EA had told me "They love the house, they are going to be your buyer" as soon as they had come for their first viewing.

My EA also told me they were a parent and had come from a family that believed in getting children into the best schools possible and we knew my house was well-located for that and the other house they were interested in was right by a school they would have read ALL about :rotfl:and would hate the thought of...

My EA was exactly right on all that in the event:)