Thinking to buy a house

haxor

AdrianC wrote: »

If I had suspicions about the reality of this thread before this post, they've just been multiplied. FTB, £260k cash buyer, miffed at "missing out" three years ago. Parents hassling to move out.

Sorry, but if you are real, you can understand why there's a credibility gap here...

Anyway, there is no way on this planet that you would have been exchanging contracts just a week after your offer was accepted. It Does Not Happen.

Until contracts are exchanged, there is no firm legal agreement. Either side can back out or change their mind for any reason.

Sorry mate but i dont need to lie,i dont even see the point? can you?
I'm just looking for advices on how to proceed,and you're not really helpful,no offence.

AdrianC

haxor wrote: »

they sent me a letter with wrote "we write to confirm that your offer of 260k on the above property has been accepted subject to contract and froof of funds".

So, no, no assurance that they'd stop marketing the property. Did you provide adequate proof of funds?

AdrianC

haxor wrote: »

Sorry mate but i dont need to lie,i dont even see the point? can you?

Unfortunately, a large number of people who post here do not share that point of view.

haxor

AdrianC wrote: »

So, no, no assurance that they'd stop marketing the property. Did you provide adequate proof of funds?

I had my money waiting just to transfer and plus my sollicitor had everything ready? what more they need?

AdrianC

haxor wrote: »

I had my money waiting just to transfer and plus my sollicitor had everything ready? what more they need?

Did you provide the EA with PROOF of those funds?

haxor

AdrianC wrote: »

Unfortunately, a large number of people who post here do not share that point of view.

AdrianC,trust me I got better things to do,than being a internet hero.

haxor

AdrianC wrote: »

Did you provide the EA with PROOF of those funds?

As i said before,they know I had the money on my account,they saw the statement and my sollicitor provided the estate agent with every proof of my founds.
I offered 5k more btw,just waiting for the estate agent to get back to me,if not whatever i'll just move on and find another one.

[Deleted User]

If I were you, I'd say to the estate agent that I was annoyed they had continued to market the property after my offer was accepted. And that, to be clear, the revised offer is made subject to no further marketing. The vendor should then treat your and the other buyer's offer as 'best and final' offers, make their choice, and shouldn't accept any further viewings or offers from anyone else.

I say 'shouldn't' rather than can't or mustn't. As AdrianC says, it's not legally binding, but an agreement from the vendor to take it off the market is better than nothing.

Glad you are still considering the option to move on, if this place doesn't work out for you for whatever reason. For me, I would personally walk away if the vendor refused to stop marketting the property to others, and leaves you open to gazumping all the way up to the contracts being exchanged. You have to make up your own mind of course.

haxor

Cherry_Gale wrote: »

If I were you, I'd say to the estate agent that I was annoyed they had continued to market the property after my offer was accepted. And that, to be clear, the revised offer is made subject to no further marketing. The vendor should then treat your and the other buyer's offer as 'best and final' offers, make their choice, and shouldn't accept any further viewings or offers from anyone else.

I say 'shouldn't' rather than can't or mustn't. As AdrianC says, it's not legally binding, but an agreement from the vendor to take it off the market is better than nothing.

Glad you are still considering the option to move on, if this place doesn't work out for you for whatever reason. For me, I would personally walk away if the vendor refused to stop marketting the property to others, and leaves you open to gazumping all the way up to the contracts being exchanged. You have to make up your own mind of course.

The estate agent said the seller is looking for other offer,so basically refused my 5k more on top of my offer.
Its just morally wrong,and really depressing.
But whatever,i'll just find something else hopefully soon.

thanks for the advices everyone.

Dan-Dan

Sounds like you are not an attractive buyer, for some reason