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  . . .