Buyer’s remorse and when to stop looking

Snookie12cat

Deedoodee said:

Thanks for all the comments. There’s a good mix. Most of the others I haven’t liked as much so haven’t bothered going to look. There’s just one that’s an extended version of the one I ‘have’ and a much nicer kitchen and asking price similar to what I’ve offered.

You will also wonder unless you go and see it. Either you hate it or you love it more. You are not too far in either so not much lost.

Deedoodee

Snookie12cat said:

Deedoodee said:

Thanks for all the comments. There’s a good mix. Most of the others I haven’t liked as much so haven’t bothered going to look. There’s just one that’s an extended version of the one I ‘have’ and a much nicer kitchen and asking price similar to what I’ve offered.

You will also wonder unless you go and see it. Either you hate it or you love it more. You are not too far in either so not much lost.

Yes. I’ve booked to see it. The viewing isn’t until next week, days before the survey is due so I’ll probably go ahead with that a include it in the cost of changing properties if required. If it turns out that vendors are in no rush to sell and wants a lot over asking then thats the decision made

ProDave

I commented in another thread, than when a war starts, people stop looking at houses.  People don't like to buy with uncertainty.  This does not mean prices are going to fall just that activity will likely slow for a while as people wait to take stock of world events.

phoebe1989seb

Back in 2011 when we were buying our last-but-one house, we pulled out of two purchases during the very early stages because *something better* came along...twice 🙄

We had accepted an offer on ours much earlier than expected (within a week - which was quite unusual at that time, in our then location). We were looking at properties 150+ miles away across several counties, yet had incredibly specific criteria so there was always a chance we'd find one or two completely different houses we loved that might be suitable. We had also made a huge mistake in buying the one we were selling, so were conscious of not wanting to do the same again 🙁

The first house we had an offer accepted on was an arts and crafts style semi that was considerably smaller than the detached, Tudor house we were currently in. It was lovely, but had a few minor compromises, which were pointed out by a family member who came to the second viewing (after our offer was accepted). I'd carried on looking at RM/Zoopla and soon after found a bigger, older - 17th century - house in a different county for the same price.

We quickly viewed that, offered and withdrew from the first (a probate sale) asap. During our second viewing to measure up etc we discovered that five large 'executive' homes were being built on the land directly behind *our* garden, completely obscuring the countryside view which was partly responsible for our decision to buy. Both (the divorcing) vendor and EA had failed to mention this and when questioned, the EA lied about the type of houses being built, saying they were low-lying bungalows. 

That night we drove the 150 miles home and I spent the evening scanning the portals, finding a stunning Georgian thatched house that was larger still, again on for the same price. DH persuaded me to arrange a viewing for the next day, and we drove back - to yet another different county! - and offered on the spot. As soon as that was accepted we withdrew from house #2.

In both cases our offers were withdrawn within days of making them and no surveys had been carried out. We were cash buyers (no mortgage, but dependent on sale of existing house) so hadn't commited anything financially other than solicitor's fees which were carried over to our next purchase.

However, although we eventually bought the largest/most characterful house of the three, we ultimately concluded that we'd have actually been better off buying house #1, which actually ticked all our most important boxes and was better located for a number of reasons!

Moral of my story - sometimes it's best to stick with your first choice 😁

Deedoodee

phoebe1989seb said:

Back in 2011 when we were buying our last-but-one house, we pulled out of two purchases during the very early stages because *something better* came along...twice 🙄

We had accepted an offer on ours much earlier than expected (within a week - which was quite unusual at that time, in our then location). We were looking at properties 150+ miles away across several counties, yet had incredibly specific criteria so there was always a chance we'd find one or two completely different houses we loved that might be suitable. We had also made a huge mistake in buying the one we were selling, so were conscious of not wanting to do the same again 🙁

The first house we had an offer accepted on was an arts and crafts style semi that was considerably smaller than the detached, Tudor house we were currently in. It was lovely, but had a few minor compromises, which were pointed out by a family member who came to the second viewing (after our offer was accepted). I'd carried on looking at RM/Zoopla and soon after found a bigger, older - 17th century - house in a different county for the same price.

We quickly viewed that, offered and withdrew from the first (a probate sale) asap. During our second viewing to measure up etc we discovered that five large 'executive' homes were being built on the land directly behind *our* garden, completely obscuring the countryside view which was partly responsible for our decision to buy. Both (the divorcing) vendor and EA had failed to mention this and when questioned, the EA lied about the type of houses being built, saying they were low-lying bungalows. 

That night we drove the 150 miles home and I spent the evening scanning the portals, finding a stunning Georgian thatched house that was larger still, again on for the same price. DH persuaded me to arrange a viewing for the next day, and we drove back - to yet another different county! - and offered on the spot. As soon as that was accepted we withdrew from house #2.

In both cases our offers were withdrawn within days of making them and no surveys had been carried out. We were cash buyers (no mortgage, but dependent on sale of existing house) so hadn't commited anything financially other than solicitor's fees which were carried over to our next purchase.

However, although we eventually bought the largest/most characterful house of the three, we ultimately concluded that we'd have actually been better off buying house #1, which actually ticked all our most important boxes and was better located for a number of reasons!

Moral of my story - sometimes it's best to stick with your first choice 😁

Thanks. That’s really interesting. I was really happy with the house before. It’s not perfect in any of the boxes but good enough in all of them. And it was the only one of all the ones I viewed that was better in person/ than expected. But this other one just looks so similar

Thrugelmir

Deedoodee said:

Snookie12cat said:

Deedoodee said:

Thanks for all the comments. There’s a good mix. Most of the others I haven’t liked as much so haven’t bothered going to look. There’s just one that’s an extended version of the one I ‘have’ and a much nicer kitchen and asking price similar to what I’ve offered.

You will also wonder unless you go and see it. Either you hate it or you love it more. You are not too far in either so not much lost.

Yes. I’ve booked to see it. The viewing isn’t until next week, days before the survey is due so I’ll probably go ahead with that a include it in the cost of changing properties if required. If it turns out that vendors are in no rush to sell and wants a lot over asking then thats the decision made

You won't be the first buyer to mess a vendor about. A real pain when you think you've sold your house. Suggest you make a decision now rather than play with peoples lives.