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gazunder |
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gazunder An action by a buyer to lower the offer for goods or property after the seller has already mentally spent the purchase money and is emotionally invested in a sale at that time,but immediately before the paperwork is signed. Contrast with gazump. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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I'd call it a realistic market now, with no gazumping or gazundering. Carol says: "Our prices start from just pounds 134,995 for a three-bedroom home but we also have our Part Exchange Fall-Back scheme, which is a great way to guarantee the sale of your current home, avoid gazundering, and possibly make a little extra. It can also protect against gazundering, when a buyer reduces their offer, often substantially just before legal completion is due. |
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