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Settle an argument (2)

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Comments

  • ProDave
    ProDave Posts: 3,785 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Combo Breaker
    Yes I did.

    The vendor took it off the market and gave me 6 months to find a buyer.

    Sadly I didn't find a buyer so it went back to market and sold to someone else.
  • Car1980
    Car1980 Posts: 2,136 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    A non-proceedable offer isn't really an offer at all. The vendor will likely carry on with viewings - how can you prevent them from doing that unless they are happy to wait for the unknown?

    If anyone made a non-proceedable offer and it all went through that is more blind luck than anything else.
  • yes and yes (didn't need to sell mine though!)
    SLM
  • RedfordML wrote: »

    Just wondered if anyone had viewed and then made an offer on a property BEFORE having accepted one on theirs, or before even being on the market?

    We did.

    Viewed and offered on our current house at the beginning of September 2014. We had just put ours on the market (1st Sept) and whilst the EA representing the vendor assured us he would pass the offer on, it was not accepted as we were not proceedable.

    Five weeks later (start of second week in October) we accepted an asking price offer on ours and went back with a - slightly lower than previously - offer on the one we wanted to buy.

    This was accepted with both sale and purchase completing in mid December.

    Like a previous poster we were buying and selling in very different markets - buying in West Midlands where our new-to-us house had been lingering for two years and selling in Wiltshire.
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We once made an acceptable offer on a property with land without being on the market.

    The property was agriculturally-tied, so the number of prospective buyers was limited. The old lady who owned it maybe wasn't very savvy, so she marketed far too close to the completion of the bungalow in town that she'd contracted to buy. She confided in us that if she couldn't sell, her neighbour, whom she detested, would purchase, but that was the last thing she wanted to happen!

    We had just weeks to get a buyer.

    Having been taken by surprise, we went to market in the summer holidays and almost drew a blank. However, whilst doing due diligence, we discovered a few things which put us off the place, one of which was that helicopters from RNAS Yeovilton spent literally hours daily hovering nearby, so we gave it the thumbs down.

    I presume the neighbour bought it
  • Katgrit
    Katgrit Posts: 555 Forumite
    Part of the Furniture Combo Breaker
    Yes and yes. Offered on a property and was questioned about my house. Explained it wasn't on the market, but I would pull out all the stops and made the rash promise that I'd have a buyer within 4 weeks. New fitted kitchen within 9 days, painted downstairs 2 evenings after work, garden sorted over a weekend, Estate Agent came round on a Saturday, onto Rightmove Sunday morning and full asking price the following Friday. Moved 10 weeks later.
  • RedfordML wrote: »
    Just wondered if anyone had viewed and then made an offer on a property BEFORE having accepted one on theirs

    Yes and yes but as I didn't need to sell my old home to fund my new one I'm not sure that helps you much...
    Davesnave wrote: »
    helicopters from RNAS Yeovilton spent literally hours daily hovering nearby,

    We have Chinooks flying low over the house almost weekly which is a spectacle to see and an exciting treat for guests staying with us. However I'd agree that anything more than a minute or so of those huge thrumming rotors would have been a deal breaker for buying this place - they are seriously noisy!
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • When we were preparing my late mother's house prior to it going on the market we had a visit from a nice lady who lived locally and was very interested in buying my mother's house. We told her that when it was ready to go on the market we would tell her and also give her the name of the estate agent we were using to sell it.

    However, she didn't have a buyer for her own house at that time (although I think it was on the market) and still didn't when we were ready to sell it, so consequently we sold the house to someone who could proceed ( it was in a very desirable area and the estate agent had a list of prospective buyers, so frankly with her own house to sell, she didn't really stand a chance.)

    As some of the other posters have mentioned, I think it does depend on the area as to whether an offer from a buyer with a house to sell would be acceptable.
    A cunning plan, Baldrick? Whatever it was, it's got to be better than pretending to be mad; after all, who'd notice another mad person around here?.......Edmund Blackadder.
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