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Selling--first time nerves
little_flower
Posts: 4 Newbie
I bought a one-bedroom flat in a popular part of London back in 2007 and put it on the market earlier this year as I want to rent somewhere bigger with my boyfriend. After 6 weeks we'd had lots of viewings but no offers so I lowered the asking price slightly and I've now had three offers. The first one pulled out because a change in their circumstances but I had the same offer from two buyers this morning. It's reasonable and I'm happy to accept, but I don't know how to choose between them.
Buyer one is a cash buyer based in Italy. I generally gather that cash buyers are great, but are there any challenges with selling property internationally?
Buyer two is a BTL buyer with a 25% mortgage.
My EA thinks buyer one is the better option but as I'm new to this selling malarkey I have no idea if that's true! Does anyone have any thoughts or advice?
Thanks,
Jen
Buyer one is a cash buyer based in Italy. I generally gather that cash buyers are great, but are there any challenges with selling property internationally?
Buyer two is a BTL buyer with a 25% mortgage.
My EA thinks buyer one is the better option but as I'm new to this selling malarkey I have no idea if that's true! Does anyone have any thoughts or advice?
Thanks,
Jen
0
Comments
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TBH, your agent is probably going to know best as they have dealt with both parties. I would go on the agents reccomendation, they aren't going to put forward someone who they aren't sure of as they are getting paid until the deal completes.
Considering the buyer 1 is a cash buyer, i would tell your agent to go with that, but on the basis that they exchange and complete within 28 days which is very doable if no need for a mortgage.0
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