2006-11-09 01:06:11 · 10 answers · asked by #+%? 3 in Business & Finance ➔ Careers & Employment
No you cannot. If a property in Scotland is "under offer" it is because a contractual offer has been accepted by the seller and both parties are legally contracted to proceed with the sale. The Scottish solicitor draws up a contractural offer which he sends to the Sellers solicitor via the Estate Agent, if the offer is accepted the Sellers solicitor sends back an acceptance contract and both parties are bound by the sale. You cannot make an offer yourself on a property, you have to use a Scottish Solicitor to put a contractual offer in for you, if the offer is accepted a signed contractual acceptance will come back from the seller. The only way the sale can fall through is if something turns up in the missives, then the buyer can withdraw or if the buyer does not complete on the completion date the seller can remarket the property. It will cost the buyer a lot of money though. It is a very complicated system, but once an offer has been accepted by the seller the contracts are exchanged and are legally binding and the property is UNDER OFFER. You have to have the money or the mortgage offer on the property to be able to put in an offer.
2006-11-09 01:22:11 · answer #1 · answered by patsy 5 · 0⤊ 0⤋
If the seller has set a closing date, opened the bids and accepted an offer then they should not then be able to accept any other offer.
However, a house is not sold until the missives are concluded, so there is still a chance that things could fall through,
2006-11-09 01:22:01 · answer #2 · answered by SB 3 · 0⤊ 0⤋
Nope...the system there is different. Offers are given to the solicitor in sealed envelopes by a certain specified time (closing date). The highest bidder wins. Once the offer has been accepted it is final...only if the buyer cannot finalise or it falls through.
2006-11-09 01:10:40 · answer #3 · answered by minitheminx65 5 · 0⤊ 0⤋
I think it means that the house is still currently accepting offers, but I'm not 100%. If you can't get the information you need from my fellow yahoo-ers then I'd suggest you ring the estate agents.
Happy house hunting!
2006-11-09 01:09:19 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Means property aint selling fast- you can still put in an offer. watch incase their is a closing date. fife lass
2006-11-09 01:08:35 · answer #5 · answered by BLONDESHELL 3 · 0⤊ 0⤋
It means that your offer is not high enough since
the proprietor possible has a higher offer, or is
not willing to consider yours.
2006-11-09 01:11:50 · answer #6 · answered by Ricky 6 · 0⤊ 1⤋
Yes you can make a better offer, go renting & real estates for better answer not here.
2006-11-09 05:39:29 · answer #7 · answered by curiousmode 3 · 0⤊ 0⤋
i think you can but it depends on how far the vendor has gone with the offer ...if they have started legal proceedings with the solicitors im not sure..
speak to the agent
2006-11-09 01:08:32 · answer #8 · answered by confused 6 · 0⤊ 0⤋
no, you cannot, only if the first offer falls through
2006-11-09 01:08:11 · answer #9 · answered by The brainteaser 5 · 0⤊ 0⤋
yes you can and the vendor will take it if its more than whats been offered
2006-11-09 01:15:25 · answer #10 · answered by yougotsmith 4 · 0⤊ 0⤋