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What does "vendor found" mean on rightmove listing?
useless
Posts: 404 Forumite
Hi
There is a house on rightmove with the words "vendor found" listed as one of the bullet points in the description.
Does anyone know what this means?
thanks!
There is a house on rightmove with the words "vendor found" listed as one of the bullet points in the description.
Does anyone know what this means?
thanks!
0
Comments
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The vendor has found a house to buy (and therefore is eager to get a buyer themselves). Advantage being that you won't have to wait ages while they find a property to buy; disadvantage is that the sale to you would be relying on them getting their house, unless they were willing to move to rented/ family in the interrim.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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aka "vendor suited"...Act in haste, repent at leisure.
dunstonh wrote:Its a serious financial transaction and one of the biggest things you will ever buy. So, stop treating it like buying an ipod.0 -
interesting....we have good reason to believe this particular house owner has put in an offer (accepted) on a house we offered on (declined).
We're FTB but that seems to be very irrelevant in the current 'market', it's all about the money at the mo...0 -
= more desperate than they were last week but maybe less able to negotiate on price?0
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I can't imagine what they must have offered them to secure the house having not sold there's yet....asking price or very close0
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Thanks for the info......
I always thought that it meant that the vendor had disappeared / not contactable / not possible to view the house.
And now the EA had 'found the vendor' and hence you could now view the house again!
Feel particularly silly.... have only seen on RM, never asked an EA about it!0
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