Gazundering

Sarah1Mitty2

oatkinso said:

mi-key said:

They are definitely trying it on, but it depends how keen you are to sell. Maybe tell them you can't go to what they want, but will go halves on the damp work. It may be enough to make them think they are getting one over on you while you still get the sale

Thanks for the replies all, nice to know I’m not going completely insane in my thinking!

Yes, I’m thinking of offering this as a last resort if they threaten to pull out, but didn’t want to offer it straight away as my EA reckoned they’d just ask for more.

If interest rates go up again today can you get another buyer at the same price?

propertyrental

oatkinso said:

propertyrental said:

Agree with all the above.

Just to be clear though - does the property have a damp problem (peeling wallpaper/paint, damp musty smell, mould etc, or is this simply a reading from a so-called 'damp meter'?

And if there is damp, caused by what and what is the £5K work for? Injecting a chemical dpc? Lowering the external ground level....?

Yes there’s one spot where damp has caused paint to peel (blocked drain from leaves caused water to pool outside,.....then there’s some staining on a chimney breast upstairs probably due to a small leak above.

 ........ it’s also including things where there’s no visible damp. It’s saying a cdm3 tanking system and replastering to 1.5m around chimney breasts.....

Definately taking the p***. That would harden my position. Maybe offer £20.00 for an odd-job-man to clear the leaves from the drain.....

silvercar

The buyer is playing a risky strategy. If they pull out the estate agent will treat them with caution in future, they could lose a future purchase to a more reliable buyer, the EA would be less inclined to go the extra mile for them in future.  

Sarah1Mitty2

I doubt the EA cares that much, quite a few have gone bust by now I should think, they will deal with anyone to keep trading.

RelievedSheff

Sarah1Mitty2 said:

I doubt the EA cares that much, quite a few have gone bust by now I should think, they will deal with anyone to keep trading.

Would you care to back up that statement with any evidence?

Seems highly unlikely.

SuzeQStan

@RelievedSheff - all the EAs I’ve ever dealt with would sell their granny for a sale

newsgroupmonkey_

RelievedSheff said:

Sarah1Mitty2 said:

I doubt the EA cares that much, quite a few have gone bust by now I should think, they will deal with anyone to keep trading.

Would you care to back up that statement with any evidence?

Seems highly unlikely.

Crashy's getting more and more bizarre. I expect this account will also get banned shortly.

oatkinso

Update. Buyers have completely dropped their demands for £15k off my property. If anyone in the future reads this, don't believe what you've already read about Gazundering, you're not in as bad a position as its made out. Say no in the first instance.

youth_leader

I'm very glad to hear it, Happy Christmas!  

On reflection, I should have stood up to my buyer's demands and stuck it out, but his behaviour was so obnoxious I just couldn't deal with him anymore.  I also suspected he'd 'gazunder' before exchange.  I bumped into his surveyor when he was surveying my house for an auction viewer, and he told me how 'keen' his client had been.  When I sold to the same obnoxious person at auction the day after the auction, he firstly asked if his deposit could be refunded, then refused to sign until he'd passed it to his underwriters.  I had to wait five days, he got the last word unfortunately.

Mutton_Geoff

Good news. And the last thing I would have ever compromised on would be scam work, sorry damp work.