Bad News Received
I have received some disappointing news this week regarding my UK house sale. It would appear that the buyers were not totally honest with the mortgage lender & something has now come to light.
The sale is not totally off the cards but the buyers are now apparently trying to raise additional funds so they can put down a bigger deposit & borrow less. As there is no guarantee they will be successful my UK estate agent has taken the decision to place the house back on the market & has put the For Sale board back up & will be re-advertising.
So I could be starting again from scratch to sell the house which could mean me losing the house I have had an offer accepted on here as I can't purchase here without the proceeds from the UK sale.
Needless to say I'm feeling rather gutted at the moment & have to just hope that either the current buyers get themselves sorted quickly or a new offer comes in at the right price & from someone who can move forward with no delay.
I have all my fingers & toes crossed at the moment & am trying to stay positive.
The sale is not totally off the cards but the buyers are now apparently trying to raise additional funds so they can put down a bigger deposit & borrow less. As there is no guarantee they will be successful my UK estate agent has taken the decision to place the house back on the market & has put the For Sale board back up & will be re-advertising.
So I could be starting again from scratch to sell the house which could mean me losing the house I have had an offer accepted on here as I can't purchase here without the proceeds from the UK sale.
Needless to say I'm feeling rather gutted at the moment & have to just hope that either the current buyers get themselves sorted quickly or a new offer comes in at the right price & from someone who can move forward with no delay.
I have all my fingers & toes crossed at the moment & am trying to stay positive.
posted by Sandra at
8:10 pm
1 Comments:
Don't be disheartened, we have been buying a house on Zakynthos since Oct so I don't think this one will slip away while you wait for your UK one to sort itself out. We have just come back on Good Friday and saw the start of everything closing for Easter, and how different the island is without all the tourists - we loved it! keep your chin up what ever will be will be and everything is meant for a reason - or so I keep telling myself!
By
Rach, at April 11, 2007
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