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Not being told about other interested buyers? Normal?
Comments
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It could go to sealed bids/best and finals if there is more than one party interested.
However there isn't much point doing this as you haven't sold your house yet.
My guess is that the other buyer is in a similar position. Assuming the seller is ready to sell, then they would accept a similar offer from someone proceedable and this isn't what has happened.
On the other hand if the seller hasn't found anything to buy yet then they may not accept a proceedable offer unless top whack. (And they may never find anything either)0 -
The OP has said in another thread they have only put their house on the market to enable them to buy this one and they have no offers and aren't proceedable.One question. Why?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
kingstreet wrote: »The OP has said in another thread they have only put their house on the market to enable them to buy this one and they have no offers and aren't proceedable.
Ah, i see. But still don't get why the OP feels entitled....0 -
OP ... If you don't have an offer on your own house they won't be interested. It's that simple.0
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So.. you were just told, your move!We put in an offer on a property, 3 days later it was declined, along with the information that someone else is going round for a third viewing!
Is this normal? We expected to be told if someone else was interested in the property?,Fully paid up member of the ignore button club.If it walks like a Duck, quacks like a Duck, it's a Duck.0 -
Did you just find the door open at your current house and start living in it? I can't see how anyone can own a house and still be taken aback by the basics of the buying process.0
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OP you have a house up for sale. If you get a viewing tomorrow are you going to tell them that no one else is interested and you are desperate to sell? If three people book viewings for next week are you going to tell them all about each other and keep them informed about any offers, second viewings etc arranged? No? Thought not.
I would also add that if you believe half of what an agent tells you I suggest some bedtime reading from the Brothers Grim non fiction.Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.0 -
In answer to your question.
Yes this is perfectly normal and nobody is under any obligation to tell you about any other offers/viewings.0 -
kingstreet wrote: »The OP has said in another thread they have only put their house on the market to enable them to buy this one and they have no offers and aren't proceedable.
I didn't realise that when i responded to their post either. So essentially any bid from them is wholly theoretical and very unlikely to be accepted except provisionally and even then will be trumped if someone else in a position to buy comes along, even a lesser bid.0
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