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vendor wants to keep the garage and rent it to us...
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ticobingo
Posts: 2 Newbie
we have been to see the house we want to buy and put in an offer - 35k lower than asking price as the house is in a real state and needs lots of work doing. The vendor has agreed to the price but wants to keep the double garage and rent it to us then let us buy it later on..i have never heard of this before and am very uneasy agreeing with it - anyone heard of this or have an opinion???
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My opinion is no way!:heartsmil When you find people who not only tolerate your quirks but celebrate them with glad cries of "Me too!" be sure to cherish them. Because these weirdos are your true family.0
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Rubbish - what does the EA say about this?0
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I'd say no. Bit strange....vision of vendor moving into the garage!0
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no way would I agree!
too many comps..not enough time!0 -
we have been to see the house we want to buy and put in an offer - 35k lower than asking price as the house is in a real state and needs lots of work doing. The vendor has agreed to the price but wants to keep the double garage and rent it to us then let us buy it later on..i have never heard of this before and am very uneasy agreeing with it - anyone heard of this or have an opinion???
Do you really need to ask0 -
No way i'd agree to this.:j Trytryagain FLYLADY - SAYE £700 each month Premium Bonds £713 Mortgage Was £100,000@20/6/08 now zilch 21/4/15:beer: WTL - 52 (I'll do it 4 MUM)0
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Not a chance. They'll hold you to ransom in the future.
Can you imagine trying to sell the house in 5 years time when someone else owns your garage and is using it to store manure !!!0 -
can the vendor get planning permission to convert the garage ."Do not regret growing older, it's a privilege denied to many"0
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No way what if they decide to increase rent to stupid levels? Also won't it cost the vendor to alter the deeds?0
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Personally no way would i even contemplate this.
Presumably you though it was worth 35K less with the garage.
Offer what you think it is worth/willing to pay for all the house, and if not accepted walk away.0
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