We put our house on the market in July. We had a flurry of interest and accepted a full asking price offer within a week.
Several weeks later there had been no movement at all - no survey, and my solicitor was chasing them for paperwork and getting no response, so we put it back on the market in early September.
By this time we'd found a house we liked and wanted to put in an offer, so we accepted an offer £2.5k below asking. That buyer pulled out yesterday, having had the valuation done but then failed the final credit check for some unknown reason. The survey found evidence of damp, so we had a damp and timber survey done and offered to drop the price by the cost of the works - £850 for a new damp proof course and some re plastering.
We went back on the market yesterday and we have another full price offer today. Apparently they are first time buyers with a 15% deposit and a mortgage agreed in principle. However I've heard this all before and I'm losing faith a bit.
What can I do or check to increase our chances of turning this offer into an actual sale? It doesn't seem like any of this is our agency's fault - they've secured lots of viewings and offers - but is there something wrong with their
vetting process?
To complicate things, I'm 7 months pregnant and a contract worker. The mortgage for our purchase is going through based on our current earnings, but if we have any more delays I'll be on SMP so won't be able to borrow what we need. If it weren't for this I'd get the damp proof work done and put it back on the market after Christmas, but if we haven't moved by then we're unlikely to be able to move until I go back to work, by which time we'll miss the primary school application deadline for my toddler.
Sorry it's a bit of an essay! I'm increasingly stressed out and don't know how to proceed from here - any advice?
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How do you vet potential buyers
13 replies
Hobbes8 · 22/10/2013 20:01
OP posts:
Preciousbane ·
23/10/2013 13:10
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Preciousbane ·
23/10/2013 17:09
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