House we're buying no longer marked sold STC?!

summerday

Thanks those of you who have replied, annoyingly my thanks button doesn't work, nor does paragraph spacing for some strange reason. Doozergirl I'm sure you're right, we are only talking £4k off the asking price (though admittedly it was priced competitively). I will call the EA tomorrow to find out why and should put my mind at rest.Sarah

Dan:_4

saraht wrote: »

What do you mean, our mortgage offer will prob get pulled? Our credit history is immaculate, we are not applying for more than 2.5 times joint income, not sure why our offer in particular would be pulled??

Have you had your mortgage offer through the post yet?

Doozergirl

I completed on a house on the 19th March. It was planned for months that we would exchange 18th, complete 19th.

The house appeared on rightmove three weeks before that - apparantly back for sale. I called the agent "Hello, you have a house for sale on xxx Street?"

I was told immediately that the house had been under offer for sometime and, in fact, a completion date had been set.

I owned up to who I was then and they explained that for some reason their computer system had been going doolally and bringing up all sorts of houses that had already sold.

mr.broderick

saraht wrote: »

Thanks those of you who have replied, annoyingly my thanks button doesn't work, nor does paragraph spacing for some strange reason. Doozergirl I'm sure you're right, we are only talking £4k off the asking price (though admittedly it was priced competitively). I will call the EA tomorrow to find out why and should put my mind at rest.Sarah

4k off and you call that a deal...good luck..

summerday

mr.broderick wrote: »

4k off and you call that a deal...good luck..

You need to make your mind up!

SquatNow

saraht wrote: »

I see what you mean, but we did make it clear that it was a condition of our offer that all marketing was stopped, fair enough if we hadn't stipulated that but we did and the EA/vendors agreed. The vendors have found somewhere and had an offer been accepted on it, so surely they'd be a bit daft to take chances in a falling market when for a couple of thousand less (our offer) they've got a simple sale, no chain etc?

Your offer was on the basis that marketing was stopped.

They have continued marketing the place. If they had lots of buyers someone else would have offered.

Your offer just dropped by £5000. If they are still advertising it in a fortnight, your offer will drop by another £5000 because they will have shown there is no other interest.

If they wish to demonstrate to you that no-one else will buy their house no-longer how long they advertise it, they can only expect you to lower your offer.

Alternative, just wait 6 months and get it for 30% less.

summerday

Dan: wrote: »

Have you had your mortgage offer through the post yet?

yes we have.

Lakey

Hi sarah

I was selling my house to two buyers, I only found out that the sale had fallen through after looking on the internet one saturday morning. My agent had forgotten to tell me that the sale had collapsed, and had not only informed rightmove to put their properties back on the market, but put them back on their website, all the time keeping mine with an Under Offer tag on!! Once challenged they said they had hoped that they would have resold my two purchasers houses before I would have clicked and I would have known no different!
Rightmove generally change their website overnight after 8 p.m.
good luck

chickmug

Lakey wrote: »

Rightmove generally change their website overnight after 8 p.m.

Yes but only if they ask to the system to update. Years ago agents used to show houses in their windows that were not really still for sale and trading standards clamped down and stop the practice. Howver the same is the case on web sites where houses are not marked under offer when they are.

Doozergirl

Have you called the agent yet?