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Asking price offer - vendor now wanting more!

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Comments

  • Contessa
    Contessa Posts: 1,174 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The OP isn't a FTB but has bought and sold several houses.

    I trust her to know what she's doing!
  • Lysimache
    Lysimache Posts: 195 Forumite
    Part of the Furniture 100 Posts Combo Breaker I've helped Parliament
    With probate property part of the research is get the will and assess as best you can how motivated the relevant parties are.

    How can a buyer get hold of a will?
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Lysimache wrote: »
    How can a buyer get hold of a will?
    It is a public document once they have the grant.
  • phoebe1989seb
    phoebe1989seb Posts: 4,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 11 December 2017 at 10:02PM
    So, today at midday was the deadline for best and final offers.

    Whilst keeping out of the snow over the weekend, we spent many hours deliberating how to proceed/looking over other properties we had previously ruled out for various reasons.

    Having already increased our original offer by £35k, we decided not to go any higher so we re-submitted our previous offer at 11.30am this morning.

    Considering it took the vendors several weeks to choose which offer to accept originally, it was less than half an hour before they (via their EA) let us know we were not the winning bidder.

    When the EA called, he let us know the property went for 'considerably more' than we had offered.

    Hey-ho, it obviously wasn't meant to be :o

    In other news, our weekend perusals have identified a property we had not bothered to view as it's in a completely different area. However, it ticks so many boxes on our wish list we have decided to investigate further. It has far more potential and is closer to the coast :D
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • So many times on here we have people devastated at losing a house.., and then later they find an even better one. I'm sure it must go the opposite way sometimes but I assume if you keep looking (and as the OP has done, be prepared to widen options) something you like just has to come up.

    And quite often the higher offer the vendors accepted falls through for some reason or other. Karma happens more often than you think!
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