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  • FIRST POST
    • SVFM
    • By SVFM 16th Sep 17, 7:22 PM
    • 29Posts
    • 78Thanks
    SVFM
    Lower offer days before Exchange and Completion
    • #1
    • 16th Sep 17, 7:22 PM
    Lower offer days before Exchange and Completion 16th Sep 17 at 7:22 PM
    We accepted offer 10k below asking price as buyers said they had cash and wanted to complete quickly. Suppose to exchange and complete in a weeks time and now they state they want another 5k off even though the survey was good and the surveyor valued the property at price agreed. We have told them 'no' and put the property back onto market as we did have a lot of interest and it was on market less than a week when we agreed the lower price. Never had this done to us before, is this common?
Page 6
    • SVFM
    • By SVFM 1st Dec 17, 2:33 PM
    • 29 Posts
    • 78 Thanks
    SVFM
    Quick Update - We completed on the sale of the property at the original price with the new buyer who was a delight to deal with. So in less than 8 weeks the sale was completed and the new buyer delighted. Glad we stuck to our decision. Thanks for all the support we got.
    • Nobbie1967
    • By Nobbie1967 1st Dec 17, 3:43 PM
    • 775 Posts
    • 862 Thanks
    Nobbie1967
    Quick Update - We completed on the sale of the property at the original price with the new buyer who was a delight to deal with. So in less than 8 weeks the sale was completed and the new buyer delighted. Glad we stuck to our decision. Thanks for all the support we got.
    Originally posted by SVFM
    Well done!!!128578; And thanks for updating.
    • jimbog
    • By jimbog 1st Dec 17, 4:55 PM
    • 705 Posts
    • 1,217 Thanks
    jimbog
    Great news!

    Taking the reduced price would be far less stressful in the long run in this market, IMO.
    Originally posted by Crashy Time
    Well, that's a little embarrassing


    So far they have just accepted an offer, lets not crack open the champagne just yet
    Originally posted by Crashy Time
    The problem with quotations on the internet is that you can never verify their authenticity - Abraham Lincoln
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