Buyer has dropped off the face of the earth!

Crashy_Time

PadreM said:

Slinky said:

PadreM said:

I hope it's not just sudden loss of interest: how hard would a 'So sorry, I'm no longer able to complete' or something?  But it seems it's going nowhere, thus I presume your solicitor issues, say, 5 days' deadline by why to hear or the deal's off.

People can be incredibly rude. We had a 'purchaser' come round on a Sunday to measure up, said they'd be sending their deposit to their solicitors the following day for an exchange on the Friday. We only found out when chasing up on Friday that the deposit hadn't been received. It took until the end of the following week to discover the purchaser had changed her mind but couldn't be bothered to tell us. Apparently she had visited her mother in Cornwall. Presumably they don't have telephones in Cornwall.

We sold to somebody else a few weeks later for more money.

I wish it didn't feel like a game...  Slightly digressing from the issue in hand, as a cash buyer in no chain I offered on a house a few weeks ago - 9% under asking price of £250k, my research suggesting that it should've been marketed at £240k for offers of £230k+, given too that it'd been on the market for several months.  EA told me three offers had fallen through, vendors were sick of it all, and they'd just had a fourth but waited a day to see what my offer would be (if I did).  Evidently it was less than that fourth as I was told next day they sold to the other.  Lo and behold it's just appeared on the market again (at £250k), so it's fallen through the fourth time.

As the agent's not contacted me it would seem the offer I made is deemed inadequate, but I'm mildly surprised EA hasn't contacted me to try to get me to increase a bit.  The house has been empty all this time so is vulnerable, and I expect council Tax is being paid on it, so it's costing vendors not to sell, and they lost my definite purchase...

Are you going to offer lower this time?

Thrugelmir

Charlotte1404 said:

Buyers' solicitors have messed around, passed the case around the firm, at one point went 2 months with no work done at all, much to my annoyance and my buyers'.

And now the buyer goes AWOL. Never wise to trust a strangers words....

london21

Find another motivated buyer.
Purplebricks are annoying, my ex seller backed out and communication was terrible. 

m0bov

Remarket asap.

lisyloo

Bad form to disappear, but let’s not overlook the possibility that he’s dead or in ICU - how awful

Crashy_Time

london21 said:

Find another motivated buyer.
Purplebricks are annoying, my ex seller backed out and communication was terrible. 

Might be hard to do in this environment, and banks are also "down-valuing" more and more now?

ohdarn

Crashy_Time said:

london21 said:

Find another motivated buyer.
Purplebricks are annoying, my ex seller backed out and communication was terrible. 

Might be hard to do in this environment, and banks are also "down-valuing" more and more now?

Hard to find a buyer in this market?
Are you high?

RS2OOO

Buyer no.1 and buyer no.2 for my house went AWOL as well.

When agent eventually made contact with buyer no.1 after weeks of unanswered calls, texts and emails he said he'd split up with his fiancée and had to pull out. Thanks for letting us know!

I genuinely suspect buyer no.2 was showing off / flirting with the estate agent when he made his offer mid way through the viewing.

I accepted offer and that was the last we heard. He became completely uncontactable thereafter.

2 weeks later we re-marketed and sold again to buyer no.3. Suddenly buyer no.2 got back in touch with a story about how his workmate had got crushed to death in a work accident and that's why he'd not been able to respond to emails/texts or calls. I researched and found there was no such accident so I stuck with buyer no. 3, albeit for £10k less and 2 months of our lives now wasted.

ProDave

PadreM said:

Slinky said:

PadreM said:

I hope it's not just sudden loss of interest: how hard would a 'So sorry, I'm no longer able to complete' or something?  But it seems it's going nowhere, thus I presume your solicitor issues, say, 5 days' deadline by why to hear or the deal's off.

People can be incredibly rude. We had a 'purchaser' come round on a Sunday to measure up, said they'd be sending their deposit to their solicitors the following day for an exchange on the Friday. We only found out when chasing up on Friday that the deposit hadn't been received. It took until the end of the following week to discover the purchaser had changed her mind but couldn't be bothered to tell us. Apparently she had visited her mother in Cornwall. Presumably they don't have telephones in Cornwall.

We sold to somebody else a few weeks later for more money.

As the agent's not contacted me it would seem the offer I made is deemed inadequate, but I'm mildly surprised EA hasn't contacted me to try to get me to increase a bit.  The house has been empty all this time so is vulnerable, and I expect council Tax is being paid on it, so it's costing vendors not to sell, and they lost my definite purchase...

So you KNOW what cause the last 3 sales to fall through, and you know that same information would not cause you to pull out?