Awkward house sale situation - advice appreciated

harrup

dopester wrote: »

"Reduced by £20,000 plus £5,000 home improvement award on completion to add your own finishing touch."

I don't know the legal position on cash back offers.

I've just searched my Rightmove favourites as there was a similar example there I was going to link to.. can't recall the exact wording, but the listing has gone, and a new search doesn't find it. Maybe successfully sold then.

What a stellar idea - thanks!

I'm really trying to put myself in a buyer's shoes. I wouldn't want to take on a property with a truck load of expenses awaiting me....but having said that, I'd rather choose my own heating system, conservatory, carpets, kitchen, etc. Actually, we walked away from a couple of properties for this very reason. Nice houses, excellent condition, but I deeply disliked the decor ( carpets, curtains, ect), kitchen, bathrooms - and to replace the perfectly good ones put the property out of reach...since we didn't want a significant mortgage.

Summary: I want to sell the house at a fair price for both me and the buyer....but I know, this perception depends on which side of the buyers/sellers fence once stands. Incidentally, one of my friends nearly had a nervous breakdown when attempting to sell their property a few years ago. THREE times they thought they sold the house - the last time they even had all their furniture removed. Three times the sale fell through at the very last minute. They staid put. Can't blame them.

I'll informally talk to a few EA's. IF one can talk ""informally to an EA!

boyse7en

Personally I'd never buy a 'finished' house as I like to make things as I like them (we bought our current house as an officially uninhabitable property, purely to do up and live in) but there always seemed to be plenty of people on House Doctor and other TV programs who were put off by the wrong colour carpets or some other trivial bit they didn't like.

I think the most important thing is to de-clutter as much as possible and to be honest in your description of what needs to be done (as opposed to what you might want to be done). If you make sure the price makes realistic allowances for what needs to be done to bring the property up to scratch it will sell*.





*Probably

harrup

silvercar wrote: »

Price it as it is and it will sell. We sold a house in need of new double glazing and a conservatory that was falling down. The buyers knew what they were letting themselves in for and it wasn't an issue.

The only time it would be an issue is if you are selling to first time buyers. Then the need to raise a deposit and the max 90% LTV means they are unlikely to have spare cash for essentials.

Thanks - worth a try in any event! Great idea.

It's not really a 1st time buyer's house...or so I think in my ignorance, anyway. We had the house priced 3 or 4 years ago and EA's priced it at btw. £230.000 - £ 250 000 at the time. My neighbours ( identical) house sold for £ 285 000 2 years ago. Silly prices abounded at the time! I wouldn't pay more than £ 180 000 - £ 200 000 for it, but what do I know. I only know what we paid for it - £65 000. I know times have changed, but the house is still essentially the same. I'd happily sell it for 65 K IF the rest of the house prices weren't so daft. We are all trapped in this miserable pool of hyper inflated, silly property prices. Miserable. Yup.

lostinrates

I almost agree with silvercar, but I don't understand why such a situation isn't right for FTB? The op is living in the house, so its clearly habitable, and FTB can save to have things done as and when they can stretch to it Of course, there is the option of buying a more pristene property but lots of potential FTBs are made of quite hardy stuff, even if not all are