Gazundering entails the buyer stitching up the seller by waiting until everybody is poised to exchange contracts and then lowering the offer on the property.  We have been the hit by this.  Today we spoke to our estate agent when we went to see a property with him.  And low and behold, he said that our buyer has asked us to reduce the price by TWELVE THOUSAND POUNDS.  He already had twenty thousand less than the asking price and now he wanted to go down a further twelve.  Not for any good reason…everything he said he already knew about when he came to see the flat TWICE.  The survey came back saying he was getting the flat for a good price in the market.  So the guy is trying to be a complete shit. 

I’ve read about this.  But most online sites that talk about gazundering talk about ONLY doing it if the person is in a chain.  We’re not.  And so we’re prepared to PULL THE HECK OUT…if he’s not ready to play ball.  We can stay here.  It’s okay.  Disappointing, but okay.  And we’ll put it back on the market.  And we’ll get another sale eventually for the exact same price.

So that’s my stupid news for the night.  I’m not happy.  But I’ll hear the final results tomorrow - the agent is going to tell him to basically shit or get off the pot…so a sale will happen next week -or- we’re back on the market.

p.s.  We loved the house we went to see today.  Irony.