gotsomenow
Registered User
- Messages
- 160
Hello all,
Myself and my OH paid a 5k deposit on the 26th of May after our dream house came back on the market.
Basically this is what happened
February 2006
Two agents have the property
Agent 1 Has Bidders
Agent 2 Has Us bidding
Vendor accepts Agents 1 bidders offer just before we got in with one.
Agents 1's bidders are having trouble getting a mortage, and keep messing around. So Vendors asks Agent 2 our position. We are mortgage ready and FTB's. He says we can have the house, but then quickly reverts back to saying No actually Agent 1's bidder have there mortgage now.
Fast forward to May 2006
I get a call from Agent 2 who says the house is back on the market, are we interested. Yes! (232k accepted)We pay our deposit and engage a solicitor and organise with the bank for the valuation.
Today
Get an email from the Agent 2 who says Agent 1's client has come back with an offer of 240k.
I can't believe it, and I know in my heart that in a couple of weeks we will get a call to say Agents 1's bidder can't get a mortage, but we can't keep going through this. It been 3 months of 'Yes, have you dream', then taking it all away again.
So what is the point of paying a deposit if the Vendor can turn around a take another higher offer in a couple of weeks time. A jump of 8k is massive at this stage.
:-(
Myself and my OH paid a 5k deposit on the 26th of May after our dream house came back on the market.
Basically this is what happened
February 2006
Two agents have the property
Agent 1 Has Bidders
Agent 2 Has Us bidding
Vendor accepts Agents 1 bidders offer just before we got in with one.
Agents 1's bidders are having trouble getting a mortage, and keep messing around. So Vendors asks Agent 2 our position. We are mortgage ready and FTB's. He says we can have the house, but then quickly reverts back to saying No actually Agent 1's bidder have there mortgage now.
Fast forward to May 2006
I get a call from Agent 2 who says the house is back on the market, are we interested. Yes! (232k accepted)We pay our deposit and engage a solicitor and organise with the bank for the valuation.
Today
Get an email from the Agent 2 who says Agent 1's client has come back with an offer of 240k.
I can't believe it, and I know in my heart that in a couple of weeks we will get a call to say Agents 1's bidder can't get a mortage, but we can't keep going through this. It been 3 months of 'Yes, have you dream', then taking it all away again.
So what is the point of paying a deposit if the Vendor can turn around a take another higher offer in a couple of weeks time. A jump of 8k is massive at this stage.
:-(