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princess layabout
Beginner October 2007

House movers and/or shakers - a question

princess layabout, 13 August, 2009 at 17:05 Posted on Off Topic Posts 0 5

Don't know what to think - this is driving me demented!

People who viewed our house on Wednesday made us an offer, which we turned down. They came back with a revised offer which we've accepted. As far as the housing assoc. are concerned it's going through, so they've marked our house as "under offer" on their website, which means no one else can come and view.

I've just had an email from the prospective buyers asking for a second viewing. I'm wondering what this is about? Would you assume that because you've accepted an offer they're not going to back out, or do you think they might yet? (I don't know if they've handed over any money to HA yet, but obviously we're ages away from exchange). I'm a bit worried that they're coming back to try to find reasons to beat us down towards their original offer which was really low - we'd have been £11k down ? which we can't afford as that's a huge percentage of what we'll be getting.

So, any mind readers out there, what's their game, hmmmm?

5 replies

Latest activity by princess layabout, 13 August, 2009 at 18:17
  • Hecate
    Beginner
    Hecate ·
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    I would mail them back and ask if there's anything you can help with - any questions you can answer. Then say yes they can have a second viewing in a week or so - the next week being manic for you.

    That way you are keeping channels of contact open but not letting them round again immediately Smiley smile

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  • Merlini
    Merlini ·
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    This happened to us. Accepted what we decided was a reasonable offer from our first set of buyers. Having accepted the offer we went ahead and found somewhere we wanted to buy - had our offer accepted etc etc. Then buyers asked for a second viewing, I didn't think twice about it, and they seemed a bit nitpicky when they were with us. They pulled out and let us know about it by dropping a note through our door at 10pm on Easter Monday. I think I was more angry about the note, which ruined our weekend, than the pulling out. Luckily our est agent had a second buyer lined up so all fine in the end. The most irritating thing was that the 2nd buyers had offered more (5k) than the first lot but we'd already accepted the first offer so didn't think it was ethical to let them get gazumped!

    I think Hecate's advice is good.

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  • Consuela Banana Hammock
    Consuela Banana Hammock ·
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    Did you say the email came directly from the buyers or through an Estate Agent? I would be asking my agent for advice on this as they are working on your behalf.

    I think Hecate's advice is sound but I would worry about direct contact with the buyers if that was indeed the case. And yes I would be worried that they were going to try and beat down the price so I would tread carefully.

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  • princess layabout
    Beginner October 2007
    princess layabout ·
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    It came directly from the prospective buyers, as I'd sent them some documentation by email while they were here first time. Which was probably also silly.

    I've now agreed to them coming around again on Saturday - do you think that was daft? Gah. I'm trying to keep them happy, but it looks as if by doing that I'm potentially letting myself in for trouble.

    They know, via the Housing Assoc, that the offer they've made is our absolute minimum and that below that we'll drop out because it's not financially viable for us to move due to the cost of building work etc. And I know that they need to move quickly as they've sold their place.

    ??? I am so not a wheeler-dealer and this is making my head hurt ☹️

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  • rufus
    Beginner January 2007
    rufus ·
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    Given than they know their offer is the absolute minimum, I wouldn't worry.

    If they have to be in quickly, I think they are unlikely to want to break a deal, as they have an incentive not to mess things up.

    Given that, could they be looking to measure up for curtains?!

    In the mean time, I'd be directing them to the housing association - you don't want it to get too personal as I imagine the surveys etc are going to be done (another point at which a seemingly closed negotiation can - in my experience - open up again).

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  • princess layabout
    Beginner October 2007
    princess layabout ·
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    I'll let the housing association know first thing tomorrow (there won't be anyone there now) and refer any future stuff to them I think.

    I know the survey could end up being another point of conflict. We had to have a survey done in order for it to go on the market (HA requirement) so we're in a good position to contest anything that comes up from that, especially as they'll have to use the same firm we did due to contracts with HA.

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