Moving in for a test week.

henpecked1

We are buying from a relative who is emmigrating. He is 86 with poor health.
Him and his 2nd wife are moving soon and i have agreed a price 20% below the EA market price (which was OTT compared to others in the road). My mortgage lender has agreed to take the market value as extra deposit. However, in trying to sell mine, i need to reduce my price, so I am sure when they are abroad a few more thousand knocked off for a sale would be ok.

Anyway, the house will be empty till we eventually sell ours and move in, so I wondered if it is a good idea to move in for a week and trial the house and area?

olias

So let me get this right. You are taking the pi55 out of your elderly and vulnerable relative by offering way less than the market price as he is dying and needs to sell quickly. You then intend to take the pi55 even further by planning on knocking him down further when he has left the country and can't do much about it. You then seem to have the nerve to imply that after agreeing this 'discounted' purchase, you want to 'test' the house and area, presumably implying that if it is not to your taste you would pull out of the purchase, leaving the poor man in the lurch?

Nice.....

Olias

clutton_2

i also interpreted this post in the same way - shame on you.......

Emmzi

you git. I am sorry I bothered reading your other threads. Hope you get no money for your house and he leaves his to the cats home!

skintlass

What a shockingly nasty piece of work you are. Remember what goes around comes around and karma is a biatch.

tek-monkey

Is this a wind up? If not I hope you catch herpes from your partners boyfriend.

kissingthepink

why don't you just knock him down with your car?

bitsandpieces

Even ignoring the ethics of this, this is a bad idea. 20% below market value is already an extremely good deal. Mess around your relatives and I'm sure they could sell through an estate agent no problem - maybe offering the place at 10-15% below market value for a quick sale and for more money than they're getting from you. If you try to gazunder someone who knows they're already doing you a good turn, there's a high chance they'll just tell you where to go.

Even if you could pressure your dying relative into giving you more of a discount, though, could you sleep at nights after doing that? You may well also find that these relatives - and perhaps others in your family - stop talking to you, if that matters to you.

patty65

how can someone who is 86 and in poor health emigrate?

Patrick

Fire_Fox

patty65 wrote: »

how can someone who is 86 and in poor health emigrate?

Patrick

Why wouldn't they be able to, do you think life ends at the big 4-0?

henpecked1

the orig EA valuation for the house was too high. next door, with a smaller garden took a whole year to sell and they got 5k more than I am offering now. The larger garden could accomodate a side extension but not much else. My offer which is 5k less negates the need for him to pay EA fees so it is probably about its price with me benefitting from a slightly bigger garden.

The house next door has new kitchen and bathroom and the house I intend to purchase has wall to wall woodchip paper, 30 year old kitchen and avocado suite. The windows need replacing as well and the old gas fire ripping out.

She had a drive/parking area built recently but it isnt wide enough for 2 cars so that needs doing as well.

Re-reading the original post it does sound callous. truth is he knows he has heart issues and is elderly so he wants to go and live back where he was born, taking his native wife back so she can manage after he has gone with her family there.

In order to try and get him a quick sale I hsve reduced mine twice and it will get to a point where to allow him to move on quickly, i will need to accept a lower offer and I will need his help. I have agreed by next Feb if I dont have a buyer, we would market his property on the open market but that will have to be priced to sell.

The reason we want to trial the house is to make sure the area is OK. It is on the edge of an unattractive estate and whilst i never have seen or heard anything bad, thought it an idea to see if there are any issues.