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Seller won't take the property off the market
Comments
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Have you considered this from the seller's point of view?
He may consider a serious buyer would have arranged a mortgage in principal before putting in an offer.
"Ordinarily, I would have loved to teach the seller and the EA a lesson to remember, but time is not in my favour."
.......... and what lesson would that be?"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
Have you considered this from the seller's point of view?
He may consider a serious buyer would have arranged a mortgage in principal before putting in an offer.
You have arrived late on this thread. I have already mentioned that I had AIP before making the offer to seller and in a week-and-half managed to get Mortgage Offer too.0 -
Not taking it off the market is one thing but this extra payment is a great be flashing red light which should be shouting 'STOP' at you in a very loud voice.[STRIKE]DFD 22/7/14[/STRIKE]
OD £1200 ~ CC1 £1875 ~ CC2 £1275 ~ Tesco £4757 ~ Creation £235 ~ FIL £25750
DEBT @ 28/03/2018 = £35092
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My bad, I missed that comment :-(You have arrived late on this thread. I have already mentioned that I had AIP before making the offer to seller and in a week-and-half managed to get Mortgage Offer too."A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
Sounds like the vendor loves to play games. They have cost you both time and money already.
Either walk away or continue the high-risk game...
I know what i would do, and I would be certain to tell the EA what i think of them too!0 -
May be you don't see this but you should really walk away from this. Even in your timeframe and personal situation, given the vendor and EA are a pain in the backside, it isn't going to happen by the time your notice is over. A few days wasted here, then a few arguing over this and that, waiting on the other 'offers', your solicitor having a coronary if you hand over the money and so on and so on. That is all wasted days/weeks and for what? You don't even know it will get to exchange given that your offer has already been overturned and some cowboy is asking you for 2.5k and to lie to your mortgage provider regarding the price.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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May be you don't see this but you should really walk away from this. Even in your timeframe and personal situation, given the vendor and EA are a pain in the backside, it isn't going to happen by the time your notice is over. A few days wasted here, then a few arguing over this and that, waiting on the other 'offers', your solicitor having a coronary if you hand over the money and so on and so on. That is all wasted days/weeks and for what? You don't even know it will get to exchange given that your offer has already been overturned and some cowboy is asking you for 2.5k and to lie to your mortgage provider regarding the price.
Hear hear!!! Couldn't agree more.My message to that greedy wunch of bankers:
Debts another fine mess you got us into!
If you see somone who hasn't got a smile, give them one of yours.0 -
May be you don't see this but you should really walk away from this. Even in your timeframe and personal situation, given the vendor and EA are a pain in the backside, it isn't going to happen by the time your notice is over. A few days wasted here, then a few arguing over this and that, waiting on the other 'offers', your solicitor having a coronary if you hand over the money and so on and so on. That is all wasted days/weeks and for what? You don't even know it will get to exchange given that your offer has already been overturned and some cowboy is asking you for 2.5k and to lie to your mortgage provider regarding the price.
Agreed so hard. This isn't incompetence/poor organisation/simple greed you're talking about (all of which are annoying enough in their own right), these are professional people (both the EA and also the seller by the sound of it) asking you in plain language to commit fraud, apparently with no scruples about it whatsoever. If you proceed, things will only get worse, make no mistake about it, and you still won't make your timeframe.
Find another rental, even if you have to pay more than you are now you'll still be better off in the long run than if you proceed with this extremely dodgy proposition.0 -
My problem is that I currently live in a rental property and my landlord needs to move back urgently. I have already been served 2 months notice (I might be able to over-stay by another 2-3 weeks grace period, but that is it). Plus I need to remain in the school catchment for my daughter's upcoming 11+ exams. I have already sunk in 6 weeks of effort into this, hence walking away leaves me with little back up options.
I have looked at temporary option to rent, but that's so very difficult to find in my area. Ordinarily, I would have loved to teach the seller and the EA a lesson to remember, but time is not in my favour.
Move into a preminn/travellodge type place and store your things until Ds exams are over. What you both/all need urgently is stability, not this house and certainly, there is none of that emerging from this buying situation.
Tell them to jog on and use the hush money to stay in the accommodation, without fear of police/lender or taxman which are all potentially going to be on your back if your do this - too late for stability then though... although it will likely solve your accommodation problem for you:D.
Joking aside, please don't do this. It will not end well.0 -
I'd get this in writing from the EA then report them for proposing that Brown envelopes be passed.0
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