nibblo

Hello everyone
I have just got off the phone from my estate agent to be told the worst news... our buyers have pulled out!! I can't believe it as we are so far down the line,with plans to move in 3 weeks we had even signed the contract last Friday ... i am SO MAD.
We thought it was all going too well as the couple were going to buy almost all our furnture (bikes,lawnmower -you name it!!) and we were going to be moving into their 'rented fully furnished house'!! Ever heard the saying 'too good to be true' - well that saying has just bitten us right where it hurts !!
I had even resisted wtiting the good news on here - as I did not want to tempt fate!
To top it all we have even given our cat to it's new home -and for obvious reasons would not be fair to him (or the new owners ) to move him again !!
Please tell me it gets better - I am in real danger of drowning myself in a VERY large glass of wine
A very fed up
Nibblo

elksa

So completly gutted for you. Why do people do that? Well I just wish you all the best and hope that you sell it soon. We've got all this to come soon, will be putting ours on the market in a couple of weeks time. Well let us know how your getting on anyway.

nibblo

Thanks Elksa - why do people make this already stressful process even more horrid.
Large glass of wine coming up!!
Thanks for your reply though
Nibblo

ZimBabe

I assume as you have already exchanged contracts, that you get to keep their deposit? (I hops it's a big one)

Should keep you in wine for a while

Worth checking with you solicitor.

nibblo

Hi Zimbabe
Not too sure - will check with solicitor tomorrow - would be nice to get something from the buggers!!
thanks for listening to my moan
Nibblo

DollyDaydream

Nibblo

Really sorry for you. Seems to be happening quite a lot recently.

Keep yer pecker up kid and as others have advised, just run it by your solicitor to see what they say.

All the best

D D

nibblo

Cheers DD
Will see what solicitor says - in the mean time i'm off to eat and drink myself silly
thanks for the 'pick me up's'
Nibblo

lindseyden

Hi Nibblo

I really feel for you, we are on tenterhooks waiting for our people to sign too. I spoke to my solicitor about people dropping out after exchange and she said that if that did happen and it is extremely rare they would have to pay us 10% of the sale price and the only reason that would not come about would be because of death and even then we could claim off their estate if we so wished!!!!!

I really hope you find a more reliable buyer soon, I'm thinking of you.

Lindsey

harveyhare

Absolutly correct, You are entitled to 10% of the selling price if you have signed contracts.

Di

madsad

Sorry to hear your news it seems to be happening more & more at the moment,now your not even safe once the bloody thing is signed either
I hope things work out soon x goodluck x
Donna.

nibblo

Cheers for the replies
Have spoken to solicitor today and as 'we' had only signed the contract (they were due to this week) then we don't have a leg to stand on. And the worst part is that we now have to pay the solicitor costs 'so far' and there is not a thing we can do about that either !!
Is there no justice in this world
A very very fed up Nibblo

ZimBabe

I am so sorry to hear that, but looking on a small bright side at least all the paperwork is ready to go for your next sale. The next sale should go smoother. I have had my side of the contract signed since April, my buyers pulled out a week before signing as well. They wanted me to reduce the price and I refused. My bright side (Although it didn't feel like it at the time!) was that subsequently I accepted an offer £5K higher than they wanted to pay.I had two agents fighting to sell my house against each other which helped in the end.


I really hope everything goes well for you, have sent you some Karma.