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Need advice for quick sale please!!

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Comments

  • Scabs
    Scabs Posts: 75 Forumite
    Is it just me or is this thread like watching a car crash in slow motion!!!!!!!!!
  • I will keep this vague as I am starting to think that most of you are just waiting for us to fail!

    We have today agreed a new price with the buyer of £130k so not a bad outcome in the end and thankfully he was happy to pay slightly over the valuation and meet us in the middle.

    car crash in slow motion?! how exactly?!
  • Thanks Karen for keeping this post updated, it has helped some of us (me anyway) get a better insight into the house buying/investing process.

    Wishing you all the best.
  • franklee
    franklee Posts: 3,867 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    I will keep this vague as I am starting to think that most of you are just waiting for us to fail!

    We have today agreed a new price with the buyer of £130k so not a bad outcome in the end and thankfully he was happy to pay slightly over the valuation and meet us in the middle
    Karen, There are a lot of us who have been supportive over both your threads, even those of us who have shown concern about the housing market. Still thanks for the kick in the teeth :confused:
  • Dinah93
    Dinah93 Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Bake Off Boss!
    Is he a cash buyer? I'm quite confused if he isn't as the mortgage company won't go over their valuation.
    Debt January 1st 2018 £96,999.81
    Debt September 20th 2022 £2991.68- 96.92% paid off
    Met NIM 23/06/2008
  • Catblue
    Catblue Posts: 872 Forumite
    Karen, you said yourself that you did not want to end up with two mortgages that you can barely afford, plus be in debt to the family member who loaned you the deposit.

    All the advice that you received was intended to help you avoid just that.

    This is a GREAT outcome for you. Get the cash off this fella, pay back the family member and say goodbye to the stress. :D
  • Welshwoofs
    Welshwoofs Posts: 11,146 Forumite
    We have today agreed a new price with the buyer of £130k so not a bad outcome in the end and thankfully he was happy to pay slightly over the valuation and meet us in the middle.

    Grab it! :D
    “Don't do it! Stay away from your potential. You'll mess it up, it's potential, leave it. Anyway, it's like your bank balance - you always have a lot less than you think.”
    Dylan Moran
  • JanCee
    JanCee Posts: 1,241 Forumite
    I will keep this vague as I am starting to think that most of you are just waiting for us to fail!

    We have today agreed a new price with the buyer of £130k so not a bad outcome in the end and thankfully he was happy to pay slightly over the valuation and meet us in the middle.

    car crash in slow motion?! how exactly?!

    Congratulations, that is a very good deal in the current climate.
  • franklee wrote: »
    Karen, There are a lot of us who have been supportive over both your threads, even those of us who have shown concern about the housing market. Still thanks for the kick in the teeth :confused:

    Franklee - Im sorry :embarasse I didnt mean to offend those of you that have given me excellent advise when I have needed it and you in particular have posted some great advise!! I did say 'most' of you though because I just find that 'some' people on here just never have anything nice to say!

    Still friends?! xx
  • Dinah93 wrote: »
    Is he a cash buyer? I'm quite confused if he isn't as the mortgage company won't go over their valuation.

    He isnt a cash buyer - he is getting a buy to let mortgage but has a big deposit.
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