FTB - Difficult Sellers

BlueMini05

shortcrust wrote: »

It's a house that can be fallen in love with, you're prepared to pay the asking price, and yet it hasn't sold in all that time. I suspect it was never going to be a simple one.

To be fair, I did wonder... However no everyone else who viewed it with me thinks I'm a bit mad. On-street parking only (have drove past and always plenty of space so ok for me), no garden (I have severe hay fever so the small decked area is grand!), on a busy road for kids (No kids and on the road straight to my work, cutting out 18 miles each way and all the traffic so happy days for me) , clean and serviceable but very old fashioned kitchen and bathroom (I'm happy to make do until I can afford to replace) and finally the house stinks of smoke (sure a good airing and new carpet etc and that can be solved!)

Those were my reasonings for why no one else wanted it and why I do!

shortcrust

BlueMini05 wrote: »

To be fair, I did wonder... However no everyone else who viewed it with me thinks I'm a bit mad. On-street parking only (have drove past and always plenty of space so ok for me), no garden (I have severe hay fever so the small decked area is grand!), on a busy road for kids (No kids and on the road straight to my work, cutting out 18 miles each way and all the traffic so happy days for me) , clean and serviceable but very old fashioned kitchen and bathroom (I'm happy to make do until I can afford to replace) and finally the house stinks of smoke (sure a good airing and new carpet etc and that can be solved!)

Those were my reasonings for why no one else wanted it and why I do!

Well that does all sound reasonable!:)

BlueMini05

shortcrust wrote: »

If you really like the house that would be a daft thing to do. I think you need to make your peace with the fact that buying a house is a long, drawn out, stressful and frustrating process.

You could be right - I guess I will see what they come back with before making any rash decisions or throwing my toys out of the pram!

Marvel1

BlueMini05 wrote: »

To be fair, I did wonder... However no everyone else who viewed it with me thinks I'm a bit mad. On-street parking only (have drove past and always plenty of space so ok for me), no garden (I have severe hay fever so the small decked area is grand!), on a busy road for kids (No kids and on the road straight to my work, cutting out 18 miles each way and all the traffic so happy days for me) , clean and serviceable but very old fashioned kitchen and bathroom (I'm happy to make do until I can afford to replace) and finally the house stinks of smoke (sure a good airing and new carpet etc and that can be solved!)

Those were my reasonings for why no one else wanted it and why I do!

Logically you cannot fault it, hope it goes smooth if they accept and you proceed.

BlueMini05

Mrs36 wrote: »

O/P why do you think it hasn't sold? Price, or something else putting other buyers off?

If you really wanted it, and they do decide to accept I guess you have to weigh up how much you want it, and if you can grit your teeth through the stress. Its not like you ever have to see them again once you've completed!

Well, the house has on-street parking only (I've driven past every day and there's always space), No garden (I'm fine with the small decked area - have severe hay fever!), busy main road (on my way to work cutting out 18 miles and all the traffic and no kids to worry about), clean and serviceable kitchen and bathroom but old and needs updated (I'm happy to make to until I can replace) and it stinks of smoke (good airing and new carpets will sort!)

Those were my reasons why no one else wants it - and my reasoning for why I do! If they accept I will probably try to ride it out to be fair - just frustrating!

shortcrust

BlueMini05 wrote: »

You could be right - I guess I will see what they come back with before making any rash decisions or throwing my toys out of the pram!

I fell in love with my house - I knew I was going to buy it before I viewed it. My seller was a nightmare. She almost pulled out three times after five months of waiting. Each time after I'd booked leave, arranged vans, white goods ordered etc. It was worth it in the end though!:)

BlueMini05

shortcrust wrote: »

I fell in love with my house - I knew I was going to buy it before I viewed it. My seller was a nightmare. She almost pulled out three times after five months of waiting. Each time after I'd booked leave, arranged vans, white goods ordered etc. It was worth it in the end though!:)

Thank you, that gives me a little hope! :-)

saajan_12

BlueMini05 wrote: »

It was done over a period of just over a week, but yes I do agree with you Penitent. I'm kind of kicking myself that i went in at the asking price and didn't wait a bit longer but I'm impatient and really love the house. It's perfect for me. They also flat out rejected so is there any point in waiting? Who knows.. it's all a big game with no definite rules - as far as I can see anyway!

4 offers in just over a week? That's WAY too frequent, it screams "I love the house" and the vendors probably think they can get a bit more given how easily you increased.

I don't blame your initial offer of 75k given how long it had been on the market, but its always dangerous to slowly increase, as it detracts from your negotiating position.. I would have gone straight up to a number close to my top, which they would take seriously and state this is a 'best and final'.

Its all a negotiation, not sure what you see as being 'difficult' though.

clint_S

Cakeguts wrote: »

The sellers probably think that you are going to be time wasters. No one who really wanted a house that was on the market for £83,950 would start with an offer of £75,000. They probably expect you to want to drop your offer after the survey of mortgage valuation.

I thought most people started with an offer 10% under the asking price. I always have and I've sometimes been told that I must really love the house starting that high.

paddy's_mum

BlueMini05 wrote: »

the house stinks of smoke (sure a good airing and new carpet etc and that can be solved!)

Don't be too sure that it will be that easy.

I've known houses where the plaster had to be hacked off because the smoke had permeated through emulsion paint and soaked into the very fabric of the building.

I was also once given a piece of G Plan furniture and weeks in the open air and 3 or 4 washes down with vinegar etc didn't get the stink out - we ended up having to varnish every last inch of it.

Google Removing Smell of Cigarettes to get a better idea of the true horror stories out there.