Gazumpers- SO RUDE!!!!

fayecosford

Zola. wrote: »

Do you want the house enough to add 5k to your original offer? If not then say no and walk away. if you do, bid on it.

Be true to yourself. Dont get sucked into a ridiculous bidding war where you go beyond your means. Be straight with the agent. You want the house, but you wont be getting into a bidding war, your offer is final. Take it or leave it.

We are in the process of buying our first house at the minute, in the last stages... waiting, trying to be patient.

What I can tell is the first house we bid on we fell in love with. We got into a bidding war and it was getting too expensive, we walked away.

You know what happened 2 months later? We found a FAR better house, for almost £35k cheaper, and in a nicer area.

There are many, many houses out there.

Thanks for the advice
Wow sounds like you did the right thing in the end then!
We do love it but it does need some work so we didn't really want to be spending any more on the property itself. The owner of the property hasn't even been told about the higher offer yet ( so the EA says,) until they can prove their MIP,
I think if it's not meant to be it won't eh, this will teach me to be a bit stronger next time, and not get too excited until we actually get the keys!!! Good luck in your new home!

m0bov

Go and speak to the vendor, they may be totally unaware of this as you might be being played. See if the offer is genuine, the vendors might not want to mess you around, they might even like you more as a buyer.

Otherwise start looking elsewhere, it might just not be "the one".

fayecosford

I'm sure I do have a few lessons to learn in life and this is just something that's gonna make me abit wiser for next time...

stator

jjlandlord wrote: »

This is business...

It looks like you are much too emotional.

It may be business for BTL LL etc but for people who are buying a home to live in, it's not business, it's personal. And if buying the home you want to live in, potentially for the rest of your life, is not emotional to you, then what IS emotional to you?

GaleSF63

The problem with buying a house is that no-one; seller, agent, mortgage lender or advisor, solicitor, is on your side. (Possibly solicitor if you get a good one.) It's business to all of them.

However houses are like boyfriends/girlfriends. You think you've found the one, and get very upset when you lose them, but it doesn't stop you finding another and getting equally attached. Eventually you find the one that you keep.

ognum

stator wrote: »

It may be business for BTL LL etc but for people who are buying a home to live in, it's not business, it's personal. And if buying the home you want to live in, potentially for the rest of your life, is not emotional to you, then what IS emotional to you?

This is the problem, of course it's emotional but it is a buisness transaction not a wedding.

dirty_magic

Give the girl a break, it's not a just a business transaction when you're buying what you hope will be a home that you'll spend lots of happy years in! Of course there are emotions involved.

OP, the only thing you can think is at least it happened now and not months down the line when you've spent money. This happened to my friend but she was almost about to exchange and she'd already paid for a survey and all of the searches. I completely agree that it's not fair, and I think that when an offer is accepted the price agreed should be fixed dependent on survey.

Thrugelmir

m0bov wrote: »

Go and speak to the vendor, they may be totally unaware of this as you might be being played. See if the offer is genuine, the vendors might not want to mess you around, they might even like you more as a buyer.

If £4k is at stake. Then the vendors are the ones playing games. Leave them to it.

EA's want completed sales nothing else.

jjlandlord

stator wrote: »

It may be business for BTL LL etc but for people who are buying a home to live in, it's not business, it's personal. And if buying the home you want to live in, potentially for the rest of your life, is not emotional to you, then what IS emotional to you?

It is business for everyone.

If someone truly 'loves' the property then they should offer the absolute maximum you can and cross your fingers.
Maybe it'll work, maybe it won't, nothing you can do about that.

As I said, people should not get too emotional. They have seen a property for 30 minutes max then psychology starts playing tricks on them, they start dreaming about that house, etc.

Guess what: In most cases, if they 'lose' the house they will still consider the one they and up buying as the 'best'.
Psychology...

nubbins

Put in an offer for 10k over, string them along whilst looking for other properties, at the last minute drop the price 10K....karma!!!