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Buying in a chain- risk of being strung along?

  • 08-12-2021 11:16am
    #1
    Registered Users Posts: 34 R.M.


    Hi,

    I have seen a property that I like. I am a little put off by the fact that the agent said the current owners are looking to buy a property type that can be hard to come by at the moment and it may take some time for them to find something suitable. I am in no major rush to move forward but there are some new builds that I would be interested in coming on sale in the new year and I'm afraid I will miss out on the opportunity to buy one in my price range by going sale agreed on this property only for the owner to pull out of the sale. I do really like the house (as much if not more than the new builds coming up). How common is it for a house to go on sale and the owner to take it off the market or put it back on the market in months to come looking for a higher offer?

    Any info would be appreciated!



Comments

  • Registered Users Posts: 15,975 ✭✭✭✭ rob316


    Your under no obligation to continue the purchase at the sale agreed phase. If you find its dragging out and you want to go for something else, you can.



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