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property selling
i am selling my house and as they say it is one of the most stressfull things that you do in your life it has been going on for 10 weeks now and still no sign of exchange never will i do it again, im climbing the walls, is it just me or do others feel the same
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For more on marking an answer as the "Best Answer", please visit our FAQ.When we sold our house we put our furniture in storage, got temporary lodgings and invested the money. Then as a cash buyer we were able to secure another property with favourable conditions as a cash buyer is always more receivable and unlikely to be involved in gazumping. The stress was reduced dramatically!
Oh yes, it's stressful all right. When we moved it took 18 months of stop-go to finally achieve a chain. But it was worth it as the house we found is just right and in a lovely area. Keep in touch with your agents so that you know exactly what is going on with everyone in the chain - even difficult news is better than being kept in the dark. So just keep your nerve and have faith! It will be OK in the end.
Oh gina , join the club!!
Our saga has been going on since the end of August. We signed the contract weeks ago and all was going well, or so we thought, but today our solicitor has told us the people who are buying our house, their buyer won't hand over the money and can't speak a word of English - so we are all on a knife edge. I am surrounded with bubble wrap and packing cases as we thought the exchange of contracts was imminent....and now we have to wait. Fun, ain't it??
Our saga has been going on since the end of August. We signed the contract weeks ago and all was going well, or so we thought, but today our solicitor has told us the people who are buying our house, their buyer won't hand over the money and can't speak a word of English - so we are all on a knife edge. I am surrounded with bubble wrap and packing cases as we thought the exchange of contracts was imminent....and now we have to wait. Fun, ain't it??
Its all to easy in this country for people to put offers in and join a chain and then sit back and watch everyone else in the chain crumble. In Ireland the day your offer is accepted forms part of the contract. Buyers should be made to put down a deposit on making their offer. All new developers, Barratt, Persimmon etc insist on a reservation deposit and i believe all sellers should make it standard practice to insist on an initial deposot, subject to conditions of course. Unfortunately you will not exchange until all parties in the chain are ready.
I bought my house 9 January this year exchanged on 27 June! It was awful but my buyer had a bad solicitor and it held everything up he also said he had a mortgage in place and hadnt found out after flat off market for couple of months it is stressful will never be in a chain again will sell first and then look to buy