Not what we needed!!
#16
BE Enthusiast
Joined: Feb 2005
Location: Melbourne, since 19th Jan 2006
Posts: 596
Re: Not what we needed!!
We really feel for you. We had a viewer around who we were told were very keen on the property and probably would put in an offer and this morning we were phoned to say that they went for another property - I felt gutted just at that, so I can only imagine how you must be feeling. What an emotional rollercoaster for you.
Have sent you some Karma.
Sarah
Have sent you some Karma.
Sarah
#17
Joined: May 2005
Posts: 2,873
Re: Not what we needed!!
You poor poor things Karma duly sent.
Anne
Anne
#18
Joined: Jul 2004
Posts: 12,063
Re: Not what we needed!!
Originally Posted by Anne4Terry
You poor poor things Karma duly sent.
Anne
Anne
#19
Re: Not what we needed!!
We had a similar thing happen when we sold our house in Scotland (found out on the day contracts were being signed that the people buying had been refused a mortgage - half an hour after the removal company had taken away my furniture in to storage) Karma on its way to you.
#21
Joined: Sep 2004
Posts: 2,129
Re: Not what we needed!!
Our missives in Scotland have been concluded (I haven't signed anything yet though) but my solicitor says we now have a legally binding contract and the buyers have to go ahead with the sale.
In England I was under the impression that once you had exchanged contracts again you have a legally binding contract but that the buyers can still pull out but they would have to pay you a % - 'Binbird' who has just exchanged says that if her buyers didn't complete they would have to pay 30,000 pounds I think - so to the original poster why aren't you getting any money if this happened?
Lynn
In England I was under the impression that once you had exchanged contracts again you have a legally binding contract but that the buyers can still pull out but they would have to pay you a % - 'Binbird' who has just exchanged says that if her buyers didn't complete they would have to pay 30,000 pounds I think - so to the original poster why aren't you getting any money if this happened?
Lynn
#22
Re: Not what we needed!!
Originally Posted by lynnlovessun
In England I was under the impression that once you had exchanged contracts again you have a legally binding contract but that the buyers can still pull out but they would have to pay you a % - 'Binbird' who has just exchanged says that if her buyers didn't complete they would have to pay 30,000 pounds I think - so to the original poster why aren't you getting any money if this happened?
Lynn
Lynn
Here, if a buyer pulls out after contracts are signed, they lose their deposit which is a pretty good incentive for them to not do it.
#23
Forum Regular
Joined: Jan 2005
Location: cleveland Brisbane
Posts: 75
Re: Not what we needed!!
[QUOTE=J+J]Today has felt like a rug has been pulled from under our feet!
Hi Jo,
So sorry this has happened know exactly how you feel as our buyers have just withdrawn their offer yesterday, we were due to move this wk even though we knew last wk there were messing around it still does not help.
Hope you get a buyer soon and try to stay positive thinking of the ngts we can get drunk once we are there and with all this behind us.
Take care
Lisa
Hi Jo,
So sorry this has happened know exactly how you feel as our buyers have just withdrawn their offer yesterday, we were due to move this wk even though we knew last wk there were messing around it still does not help.
Hope you get a buyer soon and try to stay positive thinking of the ngts we can get drunk once we are there and with all this behind us.
Take care
Lisa
#24
Re: Not what we needed!!
Hi
Thanks again for all your kind words and thoughts. Unfortunately we hadn't exchanged contracts yet and apparently there is no come back if you pull out and not signed anything. Not a legel person don't really understand why we hadn't exchanged yet but was set to complete on 8th June. Just tried to bribe friends buyers with a financial incentive but that has been declined!! Just cannot stop thinking about it. Now waiting for estate agents to come round and value property again
Thanks again for all your kind words and thoughts. Unfortunately we hadn't exchanged contracts yet and apparently there is no come back if you pull out and not signed anything. Not a legel person don't really understand why we hadn't exchanged yet but was set to complete on 8th June. Just tried to bribe friends buyers with a financial incentive but that has been declined!! Just cannot stop thinking about it. Now waiting for estate agents to come round and value property again
#25
Re: Not what we needed!!
Originally Posted by J+J
Today has felt like a rug has been pulled from under our feet! It's 12 days till we fly to QLD, all our furniture has been shipped our house was due to complete next Wednesday and some b*****d has pulled out and the sale has now fallen through!
We've now got to remarket the property as we were selling to friends previously but in all honesty who is going to buy a property with mattresses on the floor for beds and no other furniture!!!
We just feel really deflated, annoyed and extremely p****d off. We know it can happen but had kind of relaxed (wrongly) at this point due to being so close.
Anyone with spare karma? God we need it.....and more!!
J+J
We've now got to remarket the property as we were selling to friends previously but in all honesty who is going to buy a property with mattresses on the floor for beds and no other furniture!!!
We just feel really deflated, annoyed and extremely p****d off. We know it can happen but had kind of relaxed (wrongly) at this point due to being so close.
Anyone with spare karma? God we need it.....and more!!
J+J
I ditto moneypens sentiments........bugger, bugger and thrice bugger.
Really do feel for you.
D D
Last edited by DollyDaydream; Jun 1st 2005 at 2:17 pm.
#26
Re: Not what we needed!!
Hi lisa,
I'm sorry things are not running smoothly for you either!
Karma on it's way
look forward to those nights in Brissie
Joe
I'm sorry things are not running smoothly for you either!
Karma on it's way
look forward to those nights in Brissie
Joe
#27
Re: Not what we needed!!
Originally Posted by lynnlovessun
Our missives in Scotland have been concluded (I haven't signed anything yet though) but my solicitor says we now have a legally binding contract and the buyers have to go ahead with the sale.
In England I was under the impression that once you had exchanged contracts again you have a legally binding contract but that the buyers can still pull out but they would have to pay you a % - 'Binbird' who has just exchanged says that if her buyers didn't complete they would have to pay 30,000 pounds I think - so to the original poster why aren't you getting any money if this happened?
Lynn
In England I was under the impression that once you had exchanged contracts again you have a legally binding contract but that the buyers can still pull out but they would have to pay you a % - 'Binbird' who has just exchanged says that if her buyers didn't complete they would have to pay 30,000 pounds I think - so to the original poster why aren't you getting any money if this happened?
Lynn
#28
Forum Regular
Joined: Feb 2002
Posts: 164
Re: Not what we needed!!
It depends if you exchange and complete on the same day. If you exchange and the the buyer pulls out for whatever reason then you can claim back any monies lost and any deposit they put down. If you exchange and complete on the same day and they pull out before that then there is nothing you can do about it really. People do pull out for various reasons and not all of them are because they are w****rs. Some people pull out because they have lost their job, family circumstances have changed etc etc.
It's a real bummer when it happens. I thought mine was going to go the same way when I sold but then it all went through OK in the end (but not without a few upsets along the way) so I know how they feel.
Adrian
It's a real bummer when it happens. I thought mine was going to go the same way when I sold but then it all went through OK in the end (but not without a few upsets along the way) so I know how they feel.
Adrian
#29
Re: Not what we needed!!
Originally Posted by J+J
Today has felt like a rug has been pulled from under our feet! It's 12 days till we fly to QLD, all our furniture has been shipped our house was due to complete next Wednesday and some b*****d has pulled out and the sale has now fallen through!
We've now got to remarket the property as we were selling to friends previously but in all honesty who is going to buy a property with mattresses on the floor for beds and no other furniture!!!
We just feel really deflated, annoyed and extremely p****d off. We know it can happen but had kind of relaxed (wrongly) at this point due to being so close.
Anyone with spare karma? God we need it.....and more!!
J+J
We've now got to remarket the property as we were selling to friends previously but in all honesty who is going to buy a property with mattresses on the floor for beds and no other furniture!!!
We just feel really deflated, annoyed and extremely p****d off. We know it can happen but had kind of relaxed (wrongly) at this point due to being so close.
Anyone with spare karma? God we need it.....and more!!
J+J
At the 11th hour we got a couple who had wanted to see our house but had been away on holiday and found the house had been sold when they got back. Estate agents put them in touch with us as they had first time buyers for their property and could go ahead with purchase, they came and loved the house, we told them it was sold as seen, we were off to Austalia, power of attourney over to solicitor, house was sold 1 month after arriving in Sydney. They visited the house in the time it was empty, it was never a problem, in fact they found it better to envisage where they wanted to place furniture and decorate ect.
Now I'm not going to say that it's going to be the same for you by any means, I don't know your circumstance, we were able to cope with a mortgage and rent, but you have to stay possitive because in the end you will sell this house, it,s just a slight set back, things always work out in the end I'm sure of that.
Stay possitive.
Marie
#30
Rocket Scientist
Joined: Aug 2003
Location: Dreamland AKA Brisbane which is a different country to the UK
Posts: 6,911
Re: Not what we needed!!
Horrible news guys, hope things pick up & you get a new buyer very soon (before you get on the plane would be good! ).
Not much I know, but I took some pics of the flowers in the garden yesterday for you, not great quality cos they were taken with my phone, but I thought they might cheer you up . (because, of course, you have no flowers in England in summer, how stupid am I? )
Not much I know, but I took some pics of the flowers in the garden yesterday for you, not great quality cos they were taken with my phone, but I thought they might cheer you up . (because, of course, you have no flowers in England in summer, how stupid am I? )