SALE AGREED.Does this now mean no one else can view it?

Discussion in 'Mortgages and buying and selling homes' started by eco, Sep 16, 2009.

  1. eco

    eco Frequent Poster

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    61
    Hi

    just bought a house with my partner- contracts signed on our side just waiting on her to sign them which will be this week.

    Just looked up the house online on auctioneers and it says SALE AGREED on it. Does this now mean no one else can view it?

    Edit- paid booking deposit and gave the rest of our deposit to solicitor- and paid for survay on house.
     
  2. haminka1

    haminka1 Frequent Poster

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    110
    the EA would normally let anyone interested in the house know the house is gone and not arrange any viewings ...
    also, why would vendors allow it if they are interested in the sale?
     
  3. Mizen Head

    Mizen Head Frequent Poster

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    146
    Vendors would allow it as they might get a higher offer.

    Sale Agreed
    The status of a property for sale, when the vendor has verbally accepted an offer from a buyer but contracts have not yet been exchanged.
     
  4. Bronte

    Bronte Frequent Poster

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    9,750
    Sale agreed doesn't really mean anything until contacts are signed as the house can still be viewed and a higher bidder can take your place. But in general the auctioneer will not arrange any more viewings and will tell prospective clients that the house is sale agreed. In this market it's not something to worry about.
     
  5. senni

    senni Frequent Poster

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    151
    how many auctioneers have it...could a second auctioneer sell it at a higher price....yes, its happening.
     
  6. eco

    eco Frequent Poster

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    61
    we got it anyway ,and in it now:)
     
  7. SparkRite

    SparkRite Frequent Poster

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    917

    And I wish you the VERY best of luck with it, now and in the future.