Thursday, 22 September 2016

Autumnal Equinox Update

June 2016:

Our house goes on the market and within three days we have a full price offer.
We start house-hunting.
We find a house we like but it's over our budget. The sellers' agent suggests we put in an offer anyway, which we do. After a bit of haggling a price is agreed and we start the purchase procedure.
Our surveyor finds a potentially expensive problem.

July 2016:

While we are considering what we should do about the problem, we are gazumped.
We restart house-hunting.
Our buyers are under pressure from their buyers and attempt to put pressure on us.
We make 4 separate trips to our target area without finding a house we would be happy to live in.

August 2016:

We finally find a house we would be happy to live in and we make an offer.
Our buyers' buyers pull out, our buyers are not able to proceed, we withdraw our offer on the house we would be happy to live in.
We grant our buyers a three week window to find another buyer.
Our buyers do not attract another buyer and decide to withdraw.
We are back to square one.

September 2016:

Our house goes back on the market and within two days we have a full price offer.
We start house-hunting.
We find a house we love and after a bit of haggling a price is agreed and we start the purchase procedure.
Our surveyor will visit the property soon.

To be continued  . . .


7 comments:

Kimberley said...

woo hoo! hope it all goes smoothly this time! I had never heard of gazumping until I lived in England! It is totally illegal here.

joy said...

With the benefit of hindsight, it turns out is was a good thing. We will end up with a nicer house, and more central for grandchild visiting (if this one goes through).

Crafty in the Med said...

Gosh!! so stressful for you!!! Crossing fingers and toes that this actual sale goes through for you.

keep well

Amanda xx

Maggie said...

They say all things are meant to be but oh boy can't it be stressful along the way!

joy said...

I should add that at the beginning of this whole exercise I made the decision that at no time was I going to allow myself to be stressed, and thus far it has worked. My attitude all along has been "que sera, sera", we'll get where we are meant to be when we are meant to be there.

Mum said...

Second time lucky. My fingers are crossed.
xx

yvonne said...

Buying and selling houses is a roller coaster but fingers crossed all goes to plan from. Is on you deserve it to after all the problems 😘😘😘
Mine goes up for sale next year and I'm dreading all the stress 😂😂😂