Do we have to except?

Sammy3008

We have our property on the market, and have a viewing tomorrow, however, we have noted, if we sell the house, we're potentially making ourselves homeless, but are still tied into a contract with estate agents until the middle of Oct.
If someone was to put in an offer of the asking price, are we obliged to accept that offer, or can we still refuse?

Thanks.

maninthestreet

You are under no obligation to accept any offer from a buyer for your property.
I assume you are actively looking for a new property to buy?

Obukit

No-one can force you to sell your house, but it's quite possible that your contract with your EA may say that if you refuse proceedable offers from buyers then you'll still be liable to pay them commission.

Why on earth did you put your house on the market if you don't want to sell, though> Apart from the expense to yourself of having EPCs etc. prepared, you're also wasting buyers and EAs time if you don't actually want to move.

dzug1

You are not obliged to accept the offer but may owe fees to the estate agent if you don't - depends on what your contract with him says.

PasturesNew

By your weird thought process everybody selling a house is homeless ... not quite sure what you're getting at.

Are you selling your house or not?

amandajp_2

If you don't want to sell you can take your house off the market. As long as you don't sell to anyone else in the period of the contract you won't have any fees to pay.

Amanda

Bufger

:Dmake your house really messy before the viewings and leave food in your teeth before showing them round. That should solve it

Sammy3008

dzug1 wrote: »

You are not obliged to accept the offer but may owe fees to the estate agent if you don't - depends on what your contract with him says.

Will check the contract out.

PasturesNew wrote: »

By your weird thought process everybody selling a house is homeless ... not quite sure what you're getting at.

Are you selling your house or not?

People's circumstances change Pasturesnew, and unfortunately since putting our house on the market, our circumstances have changed!
Perhaps have a look in the BR threads and that will explain the meaning of my homeless part.

amandajp wrote: »

If you don't want to sell you can take your house off the market. As long as you don't sell to anyone else in the period of the contract you won't have any fees to pay.

Amanda

So even though we have a 12 week contract, and we're in the remaining last 3 weeks I believe, we could still take the house off the market with the estate agent now?

Sammy3008

maninthestreet wrote: »

You are under no obligation to accept any offer from a buyer for your property.
I assume you are actively looking for a new property to buy?

No we were looking to rent, but DH may possibly only have the option of BR, so we'd have to find 6 mths rent in advance, and we couldn't possibly find that sort of money.

Obukit wrote: »

No-one can force you to sell your house, but it's quite possible that your contract with your EA may say that if you refuse proceedable offers from buyers then you'll still be liable to pay them commission.

Why on earth did you put your house on the market if you don't want to sell, though> Apart from the expense to yourself of having EPCs etc. prepared, you're also wasting buyers and EAs time if you don't actually want to move.

Obukit, as I've already mentioned, circumstances change!

Bufger wrote: »

:Dmake your house really messy before the viewings and leave food in your teeth before showing them round. That should solve it

:rotfl:

PasturesNew

Ah, so you don't want to sell.

Point out all the bad things about the house when they come to view. Tell them you're moving because of some reason they wouldn't want to hear.
Just answer all questions as if you'd be a nightmare to deal with and the house is a pig in a poke.

And then, don't accept anything except the full asking price... they won't offer that anyway.

misspoppy

If you are behind on the mortgage or in financial difficulties post on the Debt free wanna be forum and they will be only too happy to help, there may be an alternative.