Monday, 1 June 2020

The bubble burst

Today we found out that our prospective buyers would not be making a further offer and had, in fact, submitted an offer on 30%'s "Uncle Brian's" house.

Obviously, Uncle Brian is well aware of our situation.  When they viewed his house he noted that they didn't seem that interested and his current opinion is that he doesn't trust them as far as he could throw them.  He is yet to respond to their offer.

We are very disappointed but, having completed the post match analysis, the warning flags were there from the start.  The Estate Agents had indicated that they didn't show the normal behaviours of a buyer* and the lack of response after we rejected their opening offer was certainly not the norm.  The more we think about it, the more we conclude that it was never a proper offer and it is better for the sale to fall through now, than after we had spent a few thousand on Solicitor and Surveyor fees.

We are both very cross and very disappointed at having to withdraw our offer on the cottage, but we have a couple more viewings of The Pile in the pipeline, so let's just wait and see.
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*  Remember, they viewed the house three times, including a visit for their daughter to "chose her new bedroom".  Their feedback was gushingly positive ... and then just lost all interest when their opening offer was knocked back. Strange!

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Hi,
I have no idea who reads this stuff, so it would be lovely to hear from you, especially if you like this stuff..
All the best
Badman