Should we Gazunder?

The_Palmist

If you get genuinely feel there have been delays then set a deadline and let them know penalty will whatever extra costs you have had to incur.

Red-Squirrel_2

It was wrong of them to accept your offer and then come back asking for more money.

Two wrongs don!!!8217;t make a right though. You could have stuck with your first offer, or walked away, instead you agreed a new price and started the process.

Gazundering is a crappy thing to do, even when the victims are also a bit crappy themselves.

jimbog

Quizzical_Squirrel wrote: »

I did it myself, reduced my offer by 70K because I'd been messed around but I was pretty sure of my ground.

Wow. That's a big drop. How much was the agreed price originally? And what was the result?

Detroit

Red-Squirrel wrote: »

It was wrong of them to accept your offer and then come back asking for more money.

Two wrongs don!!!8217;t make a right though. You could have stuck with your first offer, or walked away, instead you agreed a new price and started the process.

Gazundering is a crappy thing to do, even when the victims are also a bit crappy themselves.

Are the sellers crappy though? OP said they offered at the original price, not that their offer was accepted.

I got the impression OP and cash buyer had offered at the same time, so OP increased their offer to ensure the seller went with them.

Another vote for its a despicable thing to do OP I'm afraid.

JoJo1978

Imagine you're successful and get the house, move in, all good. Fast forward 5-10 years when your 5k spoils are long spent. You're selling and you need to move but a buyer screws you about and does the same to you. If you can deal with that scenario, then fine to do it now. If you wouldn't like that, think again.

[Deleted User]

Obviously you can do anything you want to. We aren't in your shoes, we don't know how and why the sale hasn't gone through as quickly as you wanted it to.

As explained on here, it depends on if you want to take the risk of the things described on here happening. And losing the house, money spent on legal fees etc. You know the seller, you know their situation more than we do. Only you can assess the risks and benefits (apologies for the bad grammar).

Red-Squirrel_2

marioandluigi wrote: »

(I had reservations in all honesty as I thought the buyer was happy with the asking price, they accepted it at first).

Detroit wrote: »

Are the sellers crappy though? OP said they offered at the original price, not that their offer was accepted.

I got the impression OP and cash buyer had offered at the same time, so OP increased their offer to ensure the seller went with them.

The bit above made me think they had an accepted offer and were then asked for more.

Detroit

Red-Squirrel wrote: »

The bit above made me think they had an accepted offer and were then asked for more.

Ah, yes. Could be.

victoriavictorious

Tom99 wrote: »

If you get the £5,000 off you may arrive to find some things you we expecting to be left are not there and some things you were expecting to be taken away are there.

...or that some extra, not very pleasant things that were never there in the first place have *kindly* been left for you.

Duckdodgers

You and the cash buyer offered the same amount. The sellers probably would have gone with the cash buyer so you offered them £5000 to make yourself more attractive as a buyer. They go with you and turn down their cash buyer because they haven't offered the extra £5000 and then you remove the offer of £5000 which you promised them to get the deal. The cash buyer will have gone by now. Is that a fair enough summary? Basically a trick to get the house?