Reducing Offer after we proceeded to sale

Den

Thanks for support, but don't think he was no rude. Usualy I would get different reaction.

Davesnave wrote: »

The poster clearly doesn't have English as his first language.

And that's true.

MissMoneypenny

vetfred wrote: »

Vendor has two offers on the table.

So the EA told the OP.

Hands up all those who think that EAs don't lie.

moneysavinmonkey

duplicate post

moneysavinmonkey

A lot has changed in the housing market in the last few weeks and I'm guessing that is the reason why the OP is getting cold feet rather than the decorative order of the place. Depending on where in the country the OP lives they may find that the house is now overvalued.

Ultimately, this is a moneysaving website
IMO it is total madness to fork out thousands of pounds just so you don't offend complete strangers who you'll never see again in your life

Davesnave

A lot has changed in the housing market in the last few weeks

True, but those with their finger on the pulse know the rot set in some time ago and became much more apparent, even to the less aware, immediately after Northern Wreck.

moneysavinmonkey

Davesnave wrote: »

True, but those with their finger on the pulse know the rot set in some time ago and became much more apparent, even to the less aware, immediately after Northern Wreck.

I knew that and you knew that but you'd be surprised how many of the general public are only just realising that house prices don't always go up! :rotfl:

LandyAndy

Davesnave wrote: »

They are only problems when she deals with people like you. She's an adult and, despite everything, very successful, but can you imagine what would happen if she posted on here?

Your correction has 'no relevance' to the issue under discussion. Period.

Oh, and I reserve the right to loose my temper whenever I like!

Probably has more than your irrelevant introduction of your personal circumstances.

MissMoneypenny

mr.broderick wrote: »

Where are you? Is the market really falling and if so where is it falling from? I don't see a falling market in fact next door went up last week and has had full asking price offer from proceedable buyer

I'm in the SE, on the borders of London.This site on UK house prices in areas, might help you :-
http://news.bbc.co.uk/1/shared/spl/hi/in_depth/uk_house_prices/regions/html/regions.stm

You recently bought a house, didn't you? Have I remembered that correctly?

ken_and_dot

I had this happen to me. I accepted a very low offer on my property conditional that there was no further negotiation, particularly as there was a very samll amount of rising damp on one internal wall. As the sale progressed we increasingly felt we had done the wrong thing as the house was worth more, but we felt we should stick with our decision as we did not want to let the buyers down (newly weds). We then got a call from the EA saying the buyers were prepared to exchange the following day but that they had a builders report detailing work costing £5,000 and they wanted the price reduced. I asked to see a copy of the report and sure enough there was the damp problem. It also said the roof was under srtessed ( a victroian property) and needed strengthening although there was no obvious sagging. (If it wasn't sagging after 120 years it was unlikely to sag now). I told the agent we were pulling out. They then asked if we would proceed at the original price and I said no as they had purposely acted in bad faith. Don't assume the seller is always eager to sell to you. Try and reduce the price after the offer has been accepted and they may well tell you were to go.

Davesnave

Probably has more than your irrelevant introduction of your personal circumstances.

I agree that my personal circumstances are totally irrelevant to this thread, but they explain why I get particularly angry with people like dopester who come on to this board and treat people in a humiliating manner.

It says a lot for the OP that, apparently, he took no offence. That doesn't excuse dopester's behaviour though. I would like to think that anyone could come on to this board and ask opinions without others being judgemental in this way.

At the risk of being even more irrelevant, here is a link which sums up pointless 'education' rather well:

http://www.youtube.com/watch?v=1UBOb7ar3qQ&feature=related

Hopefully, this may at least cheer everyone up!