Thanks for the update. So what did the EA say about the other buyer, or has he abandoned that line of story?

..You have to feel a little sorry for the seller, who probably gets an equally rude call pressuring them to accept your offer.

The other buyer has an asking price offer on their place from someone with a cottage to sell. Apparently the sellers are thinking about buying the cottage at the bottom of the chain to complete things!!! To this I replied that if that was the case then good luck to them all.

Also I was called last week with the news of a price drop that has never materialized on the agents website. Funny that.

Good for you cutiecat

quote:

Originally posted by CutieCatUk:

I hope I didn't come over rude to the Agent but when they are laying it on so thick it is hard not to get annoyed. We have told them what we are prepared to pay and that is all the money in the pot. We are in a good position. I think I can walk away from this house as I really don't want to overstretch us in the current climate.

I think you are right to be cautious about over-stretching yourself. It must be very tempting to try and offer a bit more if this *is* the house for you. I take the philosophy of "what will be, will be". And there may well be another equally good (if not better!) house out there for you. You just haven't seen it yet.

I do feel sorry for the vendors though. The EA will be putting the pressure on with them too. The EA sounds like he just wants his commission. It's a pretty ruthless game he's playing as peoples lives are involved.

The diffence in percentage off the asking price that they are willing to accept (16% seems pretty low to me) smacks of desperation. I'm sure they both just want rid and to move on with their lives. Very sad. It might sound like a small persentage, but it could make all the difference when they come to set up their (separate!) new homes.

Bear in mind too, that they owners may actually disagree with each other about the percentage diffence they will accept and this may take some negotiation.

A skilled EA (doesn't sound like this one is) should be able to get both parties to reach a compromise on the minimum selling price. So, there is probably a lot more to this story than you know... and it could take AGES to resolve...

And something else, I have heard of a few cases where the house has been withdrawn from the market despite being SSTC, as one of the parties decided to buy the other out at the last minute. So I wouldn't get my hopes up and I'd keep looking if I were you.

And by the way, don't worry about being 'rude' to the agent. It was very rude of him to try and get you to spend more money than you were willing to/could afford.

Just wrote a really long reply and lost it. Grrr.

Anyway to bring you up to date - no call from the agent today. What does that mean? Should I call him?

He laid it on so thick yesterday that I do feel a little sorry for the vendors.

I think that Mr is close to buckling, he suggested upping our offer

I am not doing anything like that until we have exchanged on our sale. It is dragging on so much. They now want details of the Residents Association that runs the maintenance of the car parking space. Just sign on the line for God's sake.

Just to reiterate. I am not upping my offer. I think that my other half is just fed up with things being in limbo. Patience of a not very patient thing.

We are going to exchange next week on our sale and the house we had offered on has just had a price drop. A big drop. I am nervous now. Do you think I call the agent or do I wait until the exchange on our place has gone through. What if someone else buys it now. Arghh.

[QUOTE]Originally posted by CutieCatUk:
We are going to exchange next week on our sale and the house we had offered on has just had a price drop. A big drop. QUOTE]


So they've decided not to buy the cottage at the bottom of the chain to complete things then? It sounds to me like you are winning the waiting game.

quote:

Originally posted by Baldricksbrother:

So they've decided not to buy the cottage at the bottom of the chain to complete things then? It sounds to me like you are winning the waiting game.

No that idea seems to have gone off the burn. I know we are in a good position but I am worried that the sun is going to come out and the conservative victories in the by-elections will inspire confidence.The house maybe sold. Having said that we are still in a good position and we can't afford to raise our offer as we have been gazundered by our buyer so I really have no option but to sit tight.

My husband is driving me nuts over all of this. He doesn't seem to understand that my powers of mind control are nil. I can't make all parties concerned do as we want.

so annoying.