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So cross with vendor!

So frustrated, we saw a house put an offer in and offer accepted. All is good?? Well nope!

We got told on the 30/12 that she may not now be selling her house, but she will not know for definite until early January when she finds out about some funding. I am devestated. When we saw house got second time, I asked if she was sure she wanted to sell (was going to take off market) she said yes, the house is too big it's time to move on. Should have known something was up, could never get in touch, still had not appointed a solicitor..... So we now in limbo wondering if she is or is not going to sell.

There are no other houses, nothing - am worried we may lose our buyer and don't really want to move back in with my parents.

Am so gutted... Know people have lost out at later dates etc, and feel guilty as I know this woman has loads going on! Arrrggghhhhh this house stuff is so frustrating! :-(
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Comments

  • nubbins
    nubbins Posts: 725 Forumite
    When it comes to houses take everything that people say with a pinch of salt, what is an ideal situation at the that specific time may not be 3 weeks later. I know it doesn't help but these things happen all the time and I have said before that there should be some sort of financial/legal agreement in place at the time of offer so whoever pulls out theres some comeback for the other party. On the other hand it can work both ways, you for example may have found the house that you are talking about and put in the offer, then two weeks later found your dream house at 30k less, what would you do?
    I hope it still goes through but I would start getting a plan b ready.
  • My Dad (The Oracle in our family!) says to always buy an empty property with no chain. I didn't listen to him. Wish I had!

    Nothing really you can do except keep your options open. We did and found a much better house for us.
  • SuzieSue
    SuzieSue Posts: 4,109 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    If you've got the option of moving in with your parents then do it. It will be so much less stressful to buy with nothing to sell and a vendor will be more likely to accept your offer. If you think moving in with your parents is bad, then try selling and buying simultaneously - I know which I would prefer.
  • My Dad (The Oracle in our family!) says to always buy an empty property with no chain. I didn't listen to him. Wish I had!

    Nothing really you can do except keep your options open. We did and found a much better house for us.


    There can even be problems with buying an empty/no chain property. My current house was...but NFH was duly spuddling away stirring it (which I didn't realise at the time) because she was trying to make sure she got someone she approved of buying the house. In the event...she didn't manage to lose me the house...but I suspect she was behind me finding vendor coming back "asking" for more money, after they had already agreed my offer.

    I don't think theres any guarantees ...whatever house you buy.
  • System
    System Posts: 178,380 Community Admin
    10,000 Posts Photogenic Name Dropper
    My Dad (The Oracle in our family!) says to always buy an empty property with no chain. I didn't listen to him. Wish I had!

    Nothing really you can do except keep your options open. We did and found a much better house for us.

    I sold an empty property, and recently bought an empty property. Both took 4-6 months to complete and there were some "wobbles" towards the end.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • pinky28
    pinky28 Posts: 103 Forumite
    Had this happen too many times now. First time I was devastated, second time I was upset, third time the estate agent (unaware of previous failures) was attempting to be sympathetic and I told her I was past caring and I felt like someone was taking the P. Now can't buy anything for financial reasons for the foreseeable (would have been fine had one of the previous sales gone through though) so I comfort myself by sticking my fingers up at the houses when I drive past them and hoping someone does this to them one day.

    Estate agents are so geared up to prove the buyer CAN buy they forget the seller could be wasting their time too.
  • I'm in the middle of a chain now, estate agents are meant to manage the comms and progress, but seem to be reluctant to engage. I'll complain at a later date, but any estate agents reading, keep your customers informed - we do appreciate it, good or bad.
    Student loan: Cleared.
  • Thanks for the responses, I understand that people's circumstances change but I asked her if she was ready to sell (her mum is ill) and she was adamant. To be fair to her she has offered costs which I know she doesn't have to do - but for the want of sounding like a spoilt brat - I want the house!

    Moving in with my parents isn't the worst thing in the world, they are wonderful people - but we have been living together 8 years, married for 4 and are trying to start a family so moving home seems like such a backward step!

    Just hoping she does decide to sell citing her previous reasons of the house being too big / too many memories etc! If not hope something comes onto the market soon & that our buyer (ftb) is patient.
  • Loopy28
    Loopy28 Posts: 463 Forumite
    We had an offer accepted on a property and were told the vendor needed to find a property.

    I was worried about losing my buyers and still kept viewing other properties. The EA were putting pressure on us to move in to rented after selling our house to give her time to find somewhere. I was reluctant due to us having an early repayment charge on our mortgage and being tied into rented for 6 months. Just as well we didn't because then she decided to withdraw her house from sale as she decided she loved her house.

    We quickly found another property but now we may lose money on surveys and searches because our buyers don't seem to be progressing so I'm wondering if they will pull put. Even more frustrating is waiting for a response from their solicitors and from the EA with an update so I can atleast move forward.

    If they do its back to square one and means the last three months have been wasted.

    So I totally feel for you!
  • I am so sorry Loopy! It's crazy...I think there should be something in place - 30 day cool off period or something then after that you need to be committed to the sale/purchase??

    Seems so much time and money is wasted, not to mention the stress to everyone involved!
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