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Whats the difference

between offering on a house when you havent sold your own but it is on the market , and selling a house , accepting an offer but not having found one yourself


:o
Never, under any circumstances, take a sleeping pill and a laxative on the same night.

Comments

  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    the first is like building a new house without any foundations and the second is more akin to building a second floor on a bungalow :)
  • jbainbridge
    jbainbridge Posts: 2,027 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If you offer on a house when you haven't sold (got a firm offer on) your own ... your offer is worthless.

    When you have an offer on your own house you are then able to make real offers on a house you want.

    Make sense?
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I see the analogy , so basically , although both very similar , one HAS to be concreted for anything on from there to work....
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you offer on a house when you haven't sold (got a firm offer on) your own ... your offer is worthless.

    When you have an offer on your own house you are then able to make real offers on a house you want.

    Make sense?


    Absolutley , i was just musing to myself , for example , i called an EA about a property a week or so back , just to enquire , he said to me , the vendors had not really started looking and were just going to see what they could find

    To me , i would be very wary of offering on a house like that because i feel like i`d do anything to avoid a chain

    Is this normal ?
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Dan-Dan wrote: »
    I see the analogy , so basically , although both very similar , one HAS to be concreted for anything on from there to work....

    yep until contracts are exchanged, property deals are pretty ethereal at the best of times.

    But unless you are in a position to splash the cash, then any offer is pretty much a figment of your imagination :D

    You really have to start with a solid link at the bottom of the chain...
  • rickeeee
    rickeeee Posts: 57 Forumite
    you always seem to see just what you want when your not in a postion to proceed, and then when you are in the right place theres nothing, for a while anyway you just have to be patient.

    Don't set your heart on a place too early dan dan it's just so dissapointing when someone else pips you to it.
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