Property misadvertised by Estate Agent

Mickygg

You will not get any money back. I've lost out on a lot of money due to this. It's our rubbish system which we have to like or lump it.

pmorrison_2

Thrugelmir wrote: »

Then would you trust this seller in any other regard? I know I wouldn't. I'd walk and put it all down to experience.

This is where we are getting to although we are far enough along that we are in a position to get contracts drafted. Would be a shame to waste the money that we have already spent but not at the expense of overpaying for the property.

kinger101

pmorrison wrote: »

This is where we are getting to although we are far enough along that we are in a position to get contracts drafted. Would be a shame to waste the money that we have already spent but not at the expense of overpaying for the property.

You could always stick in another offer once the vendor remarkets the property at the correct price :rotfl:.

But I'd stay clear now. They're a !!!!!!!!ter, and there is just too much ill feeling now to deal with them anymore.

david29dpo

The HIPs pack would have told you this for free, yes the very thing most on here wanted banned.

moneyistooshorttomention

pmorrison wrote: »

This is where we are getting to although we are far enough along that we are in a position to get contracts drafted. Would be a shame to waste the money that we have already spent but not at the expense of overpaying for the property.

It doesn't look like you have much option then as to what to do in these circumstances.

Personally, I'd tell the vendor "The sale is off - unless I can have the house for the price its worth minus the garage. But - don't forget that if you lose me as a buyer, then you have to go through the whole process of finding a buyer again etc" and leave the ball in their court (but only for a short time - which I would be specifying to them, eg a week).

After that time - if they still hadn't reduced the price to the appropriate one - then I would walk and forget the place and buy another one instead.

I would immediately start viewing other houses in case the seller came back after that week and was still refusing to reduce the price - or, more likely, doesn't even have the courtesy to reply to that.

He was absolutely wrong to say that garage was "his" unless he actually owned it - so its probably a blessing in disguise if you end up losing this house after all (ie rather than buying from a character like him - who could be pulling any number of other stunts that you wouldn't find out about until after you had got the house).

pmorrison_2

The property has been inherited by the owners daughter and granddaughter so I can accept that maybe they didn't know the garage was never officially purchased - what irritates is that, even though they now know the garage isn't owned, they feel it shouldn't make a difference to the price as 'they have used it for years and there is nothing to say we can't continue to do so', not grasping the fact that further down the line we will have to take the hit when we sell it.

The EA has suggested they consider meeting us closer to our valuation and accepts that she is being a little unreasonable so we should hear back tomorrow either way.

kinger101

pmorrison wrote: »

The property has been inherited by the owners daughter and granddaughter so I can accept that maybe they didn't know the garage was never officially purchased

You might have mentioned this much earlier.

pmorrison_2

kinger101 wrote: »

You might have mentioned this much earlier.

Sorry, if I'm honest I thought I had, it was only after reading through the thread this evening that I realised I hadn't mentioned it