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Very Interested in a house but.... owner doesnt want to sell
Comments
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If you put a good offer in and both parties get to see that offer then the one who wants to buy it will have to match that offer at the very least.
The chances of it causing delays and nightmares are huge though.0 -
BitterAndTwisted wrote: »"The owner is in the middle of a divorce". Trying to buy a property from a couple splitting up is the quickest route to tearing your own hair out that I can think of. It's likely that one person is keen to sell up and cut all ties while the one you spoke to isn't so keen and might be trying every kind of delaying tactic they can think of. Or maybe she's being honest and would rather raise a mortgage on her own but they will be using outside offers as the actual value of the property fro mortgage purposes.
Don't expect to be able to buy this property any time soon.
Fixed.....0 -
In a divorce are solicitors in charge of the sale?
Because if i was to make an offer i have a feeling she would immediately refuse it. where as the husband probably would accept.
I have a feeling the house may have been forced on to the market, is that possible?0 -
The owners are always in charge of the sale. Because there are two of them they might not be acting in accord. Splitting couples can find various ways to mess about with the departing other half if they are so minded. Often one person is keen to cut all ties and have the property sold as part of the divorce settlement and the other party is much less keen to lose their home. It often depends on whether there's any equity.
How long is it since they bought it?
Keep on with this one if you are keen on stress and disappointment.0 -
Been there, done that! We bought a house from a divorcing couple last year, one of whom was clinging onto it for dear life! Turned into a nightmare but completed 10 months after offer accepted! We loved the house though, and just rode it out!0
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We looked at a house last winter that we loved. We decided not to proceed because of the neighbours massive leylandii hedge. That hedge did us a big favour. I later discovered that an offer was accepted and the sale proceeding when the vendors had a 'reconciliation' and decided not to sell after all.:eek:It is a good idea to be alone in a garden at dawn or dark so that all its shy presences may haunt you and possess you in a reverie of suspended thought.
James Douglas0 -
I would put in a written offer, and then keep looking. If it suits you and is reasonably priced, it's worth a written offer, but it's not worth getting too involved, as you will get messed about.
Remember that any written offer should be headed SUBJECT TO CONTRACT.No reliance should be placed on the above! Absolutely none, do you hear?0 -
If you want the house and are prepared to offer asking price, go ahead.
This will concentrate the minds of the vendors as the estate agent will want their money.0 -
we bought from a divorcing couple..took six months...It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
As suggested above, its possible that one spouse wants to sell to realise their equity so thay can move on an d buy elsewhere, whereas the other doesn't want to sell/would like to stay put/ can't afford to buy out the other's share/ is stuggling financially/ or is simply trying to bog things down/punish the other; you can't guess.
So, as it's not clear who instructed the selling agent or who is saying no, put your offer in in writing (the agent is obliged to forward all offers to their client) with a request for a written response. The agent won't want to hang around- theuy only get a fee on completion! Good luck0
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