We have made an offer on a house the sellor wants to accept but on the basis that they keep doing viewings, in the hopes of gettin better offer. I told auctioneer no way that we wanted it off the market if they were accepting offer. Any advice in this situation? We are selling to buy this house also so we can't be put in the position where we have no where to live!!!
Make an offer and pay a deposit to the EA via your solicitor that is conditional on the house being withdrawn from the market.We have made an offer on a house the sellor wants to accept but on the basis that they keep doing viewings, in the hopes of gettin better offer. I told auctioneer no way that we wanted it off the market if they were accepting offer. Any advice in this situation? We are selling to buy this house also so we can't be put in the position where we have no where to live!!!
Make an offer and pay a deposit to the EA via your solicitor that is conditional on the house being withdrawn from the market.
"Dad's solicitor informed dad to hold tight, it turned out that she couldnt sell the house to anyone else because no other solicitor would touch it once they found out that a deposit had been paid and contracts drawn up."
This is very confusing and it cannot have happened this way. It is far more likely that she was unable to find another Purchaser.
mf
But there is absolutlely nothing to stop the vendor from sitting on the contracts.
MF1
Thanks for that great post.
What is the normal practice here?
The purchaser returns the signed contract on Day 1
It comes back signed by the vendor on Day 10?
At what stage do you set a deadline?
Do you do it on Day 1, when you return the contracts?
Do you do it on Day 20, when you are getting worried?
What notice period do you set?
In the present case, where the purchaser is worried, can they insist on contracts being returned within 10 days?
Brendan
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