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Wev been gazundered
You cant beleive how annoyed I am at the moment
We were signing contracts for our move then the buyer of our house decides he was not happy that the house was built on a site of a brick works (works not pit), this brick works was disued in 1903 and removed by 1923. our house is less than 10 years old still under warrnety. oh and he suspects we ar suseptable to flooding but we live in the fens that is DRAINED and has hasnt flooded in over 100 years. The upshot is they want £5000 off the purchase price for no good reason. I have went back to the estate agent and told him not to negotiate and the price we all agreed on is final. the buyer wants 48 hours to decide if they still want the house, this if after me spending £1000 on solicitors and close to £1000 on a morgage. im so nervous and annoyed at the moment we have put an offer in for a great house and I have the morgage offer for the house, I was expecting to move in, in a few weeks now this happens. |
Buying a house is nerve-racking enough. Cant imagine trying to sell and buy a house at the same time. (we are still in our first house)
Good luck man. |
We just had a scare with our sale. The house has been on the market for a year and we had 4 buyers pull out, 2 made offers we accepted but they couldn't get the mortgage, 1 decided he was gonna rent and one disapeared, agent couldn't get hold of the buyer.
About 3 months ago we had a couple come and view and made an offer £25,000 under the asking price of £240,000, we were so desperate to move we just accepted it, they then paid for a full survey and it scared the life out of them, obviously, for a full survey the surveyor has to cover his arse so he made up so much crap it was incredible, even picking out damage to the picture rail and we haven't got a picture rail, possible asbestos in paint as the house is over 25 years old (it's 30 years), the list went on for 30 pages. The buyers then crapped emselves and said they want a builder to check everything out so the bulider, without even coming in to the house, took the surveyors report and quoted £22,000 for repairs, including a new roof, all new floors, new gutters soffits and facias (these were replaced 2 years ago), eventually we had to pay for a builder to come round and do a quote and he quoted for very minor repairs £400 max, the buyers then didn't beleive us and thought we were pulling a dodgy one with the builder so insisted on another builder coming round who then quoted £500 max so now, after 3 months of pi**ing around they're finally ok to go ahead. I never want to move again, this has been a total nightmare, the buyers wouldn't talk to us as they were embarrased at the trouble they had caused, we lost 4 houses we had offered on in that time as we hadn't sold and they went to other people, I do think it's a little fate in it as we eventually found a house that is better than anything we had offered on previously but the stress has been unbearable. |
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Considering its not a given that you can stay in an area for a longer time nowadays, your stories support my feeling that getting a house isn't the best thing to do unless you build a lot of it by yourself.
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Oh those bloody full surveys. When I bought my house I had one done on the place and it scared the crap out of me until I showed it to a mate who understands these things (he's a surveyor as well but a different kind) and said it was just the guy justifying his £900 fee.
They are always worth doing though, most basic mortgage surveys are just drive-by's. The guy just looks outside to see if it's roughly worth the mortgage you are asking for. |
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I would at least take the homebuyers survey. According to my mortgage advisor (who is independent and got me to take out my own survey which he didn't take commission on) they don't even get out of the car for the valuation survey so you have no idea if the place is structurally sound. I'm surprised you have the option of the free valuation. My mortgage lender insisted on at least a homebuyers survey but I got a full survey as I bought a victorian house.
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Only reason we stuck with our buyers is they're first time buyers, no chain, if they hadn't been first time buyers we'd have told em to stick it, and the place we're buying didn't even go on the market, we saw it before it was even valued and once the agent said the value we offered £15,000 less and they accepted, so hopefully this time'll be hassle free http://www.discussworldissues.com/fo...es/unsure1.gif
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