Well, I had my hopes up again today that there was a property that we could buy and had an inspection lined up, THEN the agent at the end of a call says "Oh, by the way there has been an offer accepted and a pest and building carried out, the owners just have to sign the contract".
Out of morals DH cancelled us looking at the property even though there will still be at least one other buyer going through tomorrow.
What would you have done? Have you ever gazumped someone or been gazumped (offer accepted and inspections done)?
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10-07-2015 18:02 #1
Have you ever gazumped someone in real estate?
10-07-2015 18:06 #2
Yep. Unfortunately I have. I always thought looking for houses would be fun but it's horrible! I feel for you!
Good luck finding your new home
10-07-2015 18:10 #3
10-07-2015 18:25 #4
Until the contract is exchanged legally any one can still make an offer, it's up to the owners to choose to accept the higher offer or not so I would still look - even just to see what the house is like - plus you never know the buyer can always change their mind until exchange
10-07-2015 18:32 #5
10-07-2015 18:38 #6
I wonder if the RE will be one that discloses how much has been offered - we've come across agents that will go either way.
It is a lovely house, nice size, good age. AND...we'd have money left over to start enjoying life and send the kids wherever we wanted. Hmmm.
Looking at another already tomorrow but it appears to need some work - can see some water damage from the outside on the fascia already. Seems to have been a rental.
10-07-2015 18:43 #7
10-07-2015 18:50 #8
what state are you in? I thought gazumping was banned in Vic?? house hunting is a huge pain in the rear. we were lucky to get the first place we were serious about and our offer was accepted right away. but the gazumping angle would make things ridiculously unfair. how disheartening for you. are you using a buyers agent? we used one and he was great. pretty sure we got the place because of him. not cheap but we built his fee into our budget.
good luck finding a place! when the right place comes along, it will become yours. well that's what I kept telling myself during the process. if it's meant to be, it will be
10-07-2015 18:53 #9
10-07-2015 19:04 #10
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