To those selling in these difficult times Part Deux. AKA sellers support network!

NEH · 6 May 2010 at 5:49PM

Sphynx wrote: »

True. But she might see something she likes better. Mind you she might do that anyway, there are just so many variables.

She might but tbh there is only one day left to make appointments so she hasn't much time to have a look...

Davesnave · 6 May 2010 at 9:36PM

elona wrote: »

Looks as if our buyer still wants to move if things are sortable and we can "meet in the middle" as far as price is concerned.

It might not feel like it, but this is surely good news, in the sense that it confirms your buyer is serious and won't throw a last minute wobbly.

None of the survey stuff sounds unusual for an older house, but there is often an amount of horse trading on the back of the survey, seeming almost like a way of recouping the cost. I was glad my buyers just brought along a builder friend!;)

Karmacat · 6 May 2010 at 9:45PM

I really can't do all the negotiating lark for a house - it feels too important for me - I know I'm missing out financially, but its just a bit more than I can deal with

I do think the results of hard negotiation are a bit variable, however - but best of luck with it all, twisty.

And to Az!

twisty · 7 May 2010 at 8:53AM

Hi guys, thanks for all your comments.

It's not really so much about 'hard negotiating', it's just deciding whether taking that extra drop is going to jeapordise our own purchase. We have after all already come down from an initial asking price of £138,950 (dropped to £133,950 after week 2), so would be looking at over 10k drop if we took this offer.

Having said that, I do now believe that this woman is at the very top of her budget and I think it is a straight choice between accepting the offer or declining it. I don't think it is going to increase.

So, we are going to look at 2 flats today, which are the only two left on our shortlist. One we have seen before and really liked. If we like either of them enough to buy and can negotiate a small decrease in price, then we will accept the offer on our flat. If not then I am afraid we will have to decline.

If there wasn't the added pressure of such a short time scale to complete, then I might consider accepting regardless of today's viewings. But I don't want to accept and then feel rushed into finding somewhere and choosing a place that I don't really want.

OH is phoning EA now to pass on a message to the potential buyer that we will give her a decision by the end of today.

Fingers crossed for lunchtime!

Karmacat · 7 May 2010 at 8:57AM

That sounds very real, twisty, I understand what you're saying. Best of luck with the viewings today.

NEH · 7 May 2010 at 10:24AM

twisty wrote: »

Hi guys, thanks for all your comments.

It's not really so much about 'hard negotiating', it's just deciding whether taking that extra drop is going to jeapordise our own purchase. We have after all already come down from an initial asking price of £138,950 (dropped to £133,950 after week 2), so would be looking at over 10k drop if we took this offer.

Having said that, I do now believe that this woman is at the very top of her budget and I think it is a straight choice between accepting the offer or declining it. I don't think it is going to increase.

So, we are going to look at 2 flats today, which are the only two left on our shortlist. One we have seen before and really liked. If we like either of them enough to buy and can negotiate a small decrease in price, then we will accept the offer on our flat. If not then I am afraid we will have to decline.

If there wasn't the added pressure of such a short time scale to complete, then I might consider accepting regardless of today's viewings. But I don't want to accept and then feel rushed into finding somewhere and choosing a place that I don't really want.

OH is phoning EA now to pass on a message to the potential buyer that we will give her a decision by the end of today.

Fingers crossed for lunchtime!

Good Luck...

I still think you're being played but each to their own...

PottyHouse_2 · 7 May 2010 at 12:14PM

Hi all, gosh this thread has moved on a lot ... not been on here for a while as have been on that bloody rollercoaster again and started to lose hope !!!

Well we are progressing with the sale of our house and purchase of new home after a fraught month or so ... after having mortgage offer last November and then chain breaking just before Xmas we applied again for mortgage to be advised by IFA that B.S had changed their lending criteria and "affordability" was an issue (£27k under what we wanted to borrow) - he assured us not to worry but like you do, we went through a very tense week or so, it took them an age to confirm that everything for us was ok (being existing customers etc etc). So after 5 weeks now we have just received our mortgage offer and it is such a relief !!! (Last time the valuation of the house came in £15k under and that is another long story - but this time everything looks about right).

So as far as we know (!) all we are waiting for is for our Buyers to purchase the FREEHOLD on their property for their Buyer (which we have now been told could be a minimum 3 weeks to arrange) and a certificate for extension on our property - we did think we would be able to complete by Friday 28th May but that is exactly 3 weeks today so that looks like its not going to happen.

I have emailed our solicitor today (she really is excellent, phones me and replies to my emails - she is a human being !) asking for an idea of exchange and/or completion dates as it would be nice to have a date to aim for - do you agree ???

Anyway, got a few pages back of threads to catch up on now and good luck to you all for viewings for this weekend.

not_loaded · 7 May 2010 at 8:01PM

Well I don’t think the election has brought any great threats to us, us being the ‘part deux’ family! It’s about time things eased off from the stagnancy of the last few months. Here’s hoping!

PottyHouse (and all the other old-timers here) we still have an interested, almost proceedable offerer/buyer, with just a slow trickle of viewers as always.

It’s been a painful period to be on the market. With no onward chain, a great house and desirable area we had no idea it would be so difficult.

No viewings this weekend – let’s hope it’s warm enough for a bbq on Sunday!

strawberryx · 7 May 2010 at 10:29PM

Hi all,

I'm new to the forum but have read quite a lot of this thread and I know how most of you feel, it's all scary stuff!

I just wondered if anybody could help with an idea of how long the searches might take? We seem to be at a stage now where searches are next step. Is it too much to hope we might be able to exchange on Friday 28th May? Only 3 weeks away :S

Thanks

Fingers_Crossed_3 · 8 May 2010 at 8:24AM

week 38 on 30/4 I signed and posted back my mortgage application to the Woolwich and our solicitor their completed docs. This week we had a deja vu moment (same happened Aug last year) when my husband called the Woolwich to find out when the valuation would be happening they were ready to decline us for "undisclosed debt" argh basically we had 2 balances on virgin/tescos which I balance transfered a month or 2 ago to a Barclays lob card and all 3 balances show on our file apparently, how can that be??!! So now we have to post the Woolwich proof that we dont have balances with Virgin/Tescos. I've been able to fax proof for Tescos but I've had to request a duplicate statement from Virgin, which I'll then have to post, all in all losing at least a week.

I'm so despondent right now, my attitude is we'll do this, then they'll think of something else to batter our heads with etc etc

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To those selling in these difficult times Part Deux. AKA sellers support network!

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