Vendors demands - considering pulling out

KatieDee

They decided to go on a "first come first served" basis and chose the other offer over us.

Disappointing, but such is house buying! Offered on the other house that we loved (ever so slightly less, but still a lot!) and are now waiting to hear back. Will keep you all updated

I think if our other offer isn't accepted, I'm hanging in the towel and residing myself to overpriced private rented for the rest of my life! (or maybe just taking a few months out of the house buying game).

david_a

Well let’s hope when the friend of a friend actually likes the house when they view it!

Mrs36

Selling to someone who hasn't even looked at it? Well I never!

Good luck with your next offer.

KatieDee

I do have another thread going now but thought I'd update for those following:

The estate agent called us on Friday for an update, despite us making it clear that we were taking the weekend to consider everything. He said he had "had a long chat with the vendor" (which seems to be what he does every time) and they have managed to "work out their finances".

They are now more than happy to complete whenever we want to, within reason. He passed on their apologies and told me she had been cleaning the property in preparation for us and was really looking forward to us exchanging ASAP.

Partner is still very annoyed and now thinks that in retrospect, the house needs too much work and the cost of this will not make up for the possible sale price in future. He said he doesn't want to pay a premium for something that will take us at least three months to improve, and is concerned about how this would be financed. His is now firmly in the "Buy something already done" camp.

We lost out on the house above with absolutely no room for further negotiation and viewed another house we really liked, but was top end of our budget with the price it was advertised as. Not perfect, but within budget. First offer was refused, now considering the maximum we're going to pay.

In the meantime I've been reading and googling all the negative things about the new house and have now caused myself a lot of worry that maybe it isn't the right house.

I feel incredibly deflated and upset about the situation. I just don't think I'm cut out for this house buying thing. Part of me just wants to continue with the original purchase, complete on the 15th and just try my best to see the positives. No money lost, definite move in date. I don't think partner is keen though.

I just wanted to thank each and every one of you for your input. It is really appreciated and has definitely helped me view it from a different angle.

Mrs36

It's really hard and I don't envy you. I'm sure more houses will come on the market though, so don't be rushed into making a decision.

Stan29101

Difficult situation but don’t settle just because you’ve been looking for so long. You’ll know when it’s the right house and he right price. If you aren’t happy with the price agreed with hindsight then would a lower price be an option (may persuade your partner too?), or is that a little harsh on the sellers (particular when you are strong in your feelings on not moving goalposts and agreements etc hence your current hesistation)

Thrugelmir

KatieDee wrote: »

I do have another thread going now but thought I'd update for those following:

The estate agent called us on Friday for an update, despite us making it clear that we were taking the weekend to consider everything. He said he had "had a long chat with the vendor" (which seems to be what he does every time) and they have managed to "work out their finances".

They are now more than happy to complete whenever we want to, within reason. He passed on their apologies and told me she had been cleaning the property in preparation for us and was really looking forward to us exchanging ASAP.

Partner is still very annoyed and now thinks that in retrospect, the house needs too much work and the cost of this will not make up for the possible sale price in future. He said he doesn't want to pay a premium for something that will take us at least three months to improve, and is concerned about how this would be financed. His is now firmly in the "Buy something already done" camp.

We lost out on the house above with absolutely no room for further negotiation and viewed another house we really liked, but was top end of our budget with the price it was advertised as. Not perfect, but within budget. First offer was refused, now considering the maximum we're going to pay.

In the meantime I've been reading and googling all the negative things about the new house and have now caused myself a lot of worry that maybe it isn't the right house.

I feel incredibly deflated and upset about the situation. I just don't think I'm cut out for this house buying thing. Part of me just wants to continue with the original purchase, complete on the 15th and just try my best to see the positives. No money lost, definite move in date. I don't think partner is keen though.

I just wanted to thank each and every one of you for your input. It is really appreciated and has definitely helped me view it from a different angle.

Then pull out and take a break. When the right house comes along you'll know it. You won't be taken seriously if you are making offers all over the place.