Selling my house

Satan

Long time browser.

Fuming with how some are being about this ladies issues. Have on earth can she expect to frickin sit back and wait for the house to sell before making an offer on something else?

On average it would take something like 4 weeks from putting in an offer to moving into the house / completing the deal. We have no idea where she lives, no idea of the situation of housing where she is, maybe the market sees properties sell as soon as they are on the market.

So going by this, she would have to put a bid in on a house 2 weeks after the bid on her own, giving her two weeks left (which is 2 weeks short of the average 4) (of course some are done much quicker, but with a divorce settlement included, plus taking out a further mortgage, that extends things)

Buyers of her house
So, week 1 - she has bid on house / accepted / rejected
Week two - settlements / funds gained / surveyor comes in
week three - Contracts sorted etc
week three - Everything finalised

So, only ones everything is finalised she can make a move on a house, going through EXACTLY the same as the buyers on her house, LEGALLY she would have to be out of the house within a reasonable time after contracts are exchanged, so considering her situation, when does she bid for a house and start the process so she can leave the property in a legally sufficient time after contracts are exchanged..

Considering she would have to do the same process.....

IMPOSSIBLE!

debpeb

Satan - this is pretty much my problem. The house is actually a bargain - 3 bedroomed detached in a nice area 1 mile near the sea. I've done the whole "House Doctor" thing on it. Not bad at all so what people could see was a bargain and I didn't look round at property until I knew an offer had been accepted on my house as I knew then that the buyers would want to move asap.

lincroft1710

Satan - 4 weeks from offer to move is not the norm, unfortunately! It is more likely 2/3 months.

Fire_Fox

debpeb wrote: »

My question is can I now insist that people can't look around the property unless they are in a position to buy or have the funds as having two untidy teenagers in the house it's quite a chore to try and keep on top of the tidying up, nagging at the boys etc. only to have a wasted viewing when they have no intention on buying, or don't have the funds?

Don't nag at the boys, they are teenagers and old enough to understand that houses need to be clean and tidy for guests/ buyers. Sit them down and tell them they will be asked once on each viewing day or the day before to tidy up ALL their mess and clean whichever area is their chore thoroughly, if they do not the consequences will be ... and follow through on the punishment. Sliding scale for first, second and third attempt. If you stick to your guns they will learn very quickly.

telfordwhite

debpeb wrote: »

Satan - this is pretty much my problem. The house is actually a bargain - 3 bedroomed detached in a nice area 1 mile near the sea. I've done the whole "House Doctor" thing on it. Not bad at all so what people could see was a bargain and I didn't look round at property until I knew an offer had been accepted on my house as I knew then that the buyers would want to move asap.

I can sympathise with your predicament as I have been through similar but it sounds as though your house is overpriced for the current market.

I get the impression from the above and some of your other posts that you are being unrealistic about what you can sell it for. None of your viewers seem to think the house is a bargain or you would have sold it by now. Just because you need a certain amount to be able to sell doesn't mean the house is worth this.

The sooner you get realistic about what price you are going to realise for your property, the sooner your frustration will dissipate.

cronos

Fire_Fox wrote: »

Don't nag at the boys, they are teenagers and old enough to understand that houses need to be clean and tidy for guests/ buyers. Sit them down and tell them they will be asked once on each viewing day or the day before to tidy up ALL their mess and clean whichever area is their chore thoroughly, if they do not the consequences will be ... and follow through on the punishment. Sliding scale for first, second and third attempt. If you stick to your guns they will learn very quickly.

I find locking up the X-Box, BMX, TV, etc. a very effective incentive to tow the line. Very rarely have to do it though... just the knowledge that I will is enough to focus minds!

phil1873football

pie81 wrote: »

Actually I agree with this. We're currently viewing properties, our flat isn't on the market yet but we've been told it will sell very quickly, so if we did find a property we liked we could be "proceedable" v quickly. don't narrow down your viewers TOO much.

This is exactly what I was told about my Flat...8months down the line...a few viewers and still not sold.:rotfl:

Beware they aren't leading you on too much and begin to get excited like I did about being able to move, and then find out you can't actually get rid of your property as quickly as you were told

Pinkfairywings

I would just like to add to people's comments on not letting people view unless they can proceed. My partner and I started looking round houses at the begining of June to make sure that moving was the right thing for us. We saw 3 amazing properties, so put our house on the market 2nd week of June, sold it the week later and went back and had an offer accepted on one of those very first properties! I know it doesnt always work like this but we wouldnt have put ours on the market had we not got an idea of what our money could get us!

I dont think its timewasting as at least the vendor gets some feedback even if you dont manage to go ahead :j

debpeb

Thanks for your replies there. Can I just point out the EA still thinks the price is reasonable and not overpriced at all for what it is, so can people stop saying that as it's just not true. I think the problem we've had most is that the EA put in an advert saying "Offers over £151k" and people have thought by offering £163k they're getting an absolute bargain, then they get funny when we say no. In my opinion the EA have misled people since the advert went in for the open day. Why would someone want to pay anything near £171k when they saw it advertised at over £151k? I know I wouldn't. I feel the EA have probably cost us a potential sale of our house by doing this.
Lol, thanks also for the tips on teenagers. I do feel really sorry for them as we started divorce proceedings over 2 years ago and although it's finally come through they've been in limbo and had me nagging at them to keep the place tidy constantly with bribes and all sorts, but it's not fair they're being put through this.

pbfhpunk

I was selling my house a couple of years ago in the spring just before it all went wrong! sold it for 149,950 and got to the day of exchange and the buyer pulled out, moved EA as we really weren't happy with the service from he other one during the doomed sale! price got lower and lower, they suggested an open day (we didn't have to pay) we went out it was 2 hours! two people turned up no offers then they said to do the offers over bit and put it at offers over 125k saying they expected to get 135 from that although they did try to get me to do it offers over 100k and they said that would get people in and they'd see it was worth much more and I'd have a few offers! Changed agent again and they said offers over was bad news as now if we had the house on with them at over 125 no one would be interested as they'd seen it at a lower price before and would ignore that it said 'offers over'.

Ended up selling it to a private buyer for 120k by the end I was just glad to get rid of the place!!

So beware of going to too many estate agents and changing the price too much was it advertised in the paper/online at the offers over or just to people looking on the open day?

H