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Buyer taking too long?

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housebuyer143 Posts: 4,230 Forumite

25 June 2022 at 12:20PM

eidand said:

Look, the buyer not answering in a timely manner is a huge flag. Yes, sometimes things take a while but a simple reply is not too much to ask for.

The fact they had to apply to someone else for a mortgage is a red flag and sometimes buyers will delay and not answer while frantically trying to raise the funds.

There is a very high probability that this buyer cannot get a mortgage.

I'd set a deadline and then re-market.

Yes! I for it's not the case here, but a buyer who does not reply even to reassure is a red flag.
I have had two buyer pull out, and the first who couldn't get the mortgage was a bit like this one and the second sent a nasty email when I asked her what was happening and I knew something was wrong then. Both pulled out of the sales.

Communication is key. People generally communicate well I have found until there is a problem.

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Buyer taking too long?

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