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property problem selling -buying
st
Posts: 3,461 Forumite
We have seen the right bungalow at 199,950 empty for year and gone in probate.
Our house is already to go no the market with EA photos taken jsut need to phone to start marketing.
We can just sell as I run a little business from home and need my office so not so easy.
the bungalow is circA 1928 and needs a lot of work to be able to live there in some form of comfort-but the location is good.
i offered 187k which EA said very good passed to vendor(executor) and they said yes they accept and like the offer on condition of us selling-!
They said will not take off market -the EA says do not like principle of deposit as I said as good faith .
Has any one any suggestions --i am sure our house will sell but how long and chain etc.
we very much want the bungalow-should I offer 190k if they will take off market for period of time? to give us chance to sell.
i can not bridge mortage.
Any help and suggestions really appreciated-thanks.
Our house is already to go no the market with EA photos taken jsut need to phone to start marketing.
We can just sell as I run a little business from home and need my office so not so easy.
the bungalow is circA 1928 and needs a lot of work to be able to live there in some form of comfort-but the location is good.
i offered 187k which EA said very good passed to vendor(executor) and they said yes they accept and like the offer on condition of us selling-!
They said will not take off market -the EA says do not like principle of deposit as I said as good faith .
Has any one any suggestions --i am sure our house will sell but how long and chain etc.
we very much want the bungalow-should I offer 190k if they will take off market for period of time? to give us chance to sell.
i can not bridge mortage.
Any help and suggestions really appreciated-thanks.
0
Comments
-
Its not the price you're offering but the fact that you're not proceedable (i.e. you have not sold).
You need to sell your place & have all of your finance in order before you can make a proceedable offer. Most people will not take their property off the market for a non-proceedable offer, and their EA will strongly advise them against doing so, quite rightly.
Your best bet is to work on selling, then think about putting offers in, not before.
HTH,Mike
Expat in Australia, but heading back to the UK when the dust settles.0 -
Has any one any suggestions --i am sure our house will sell but how long and chain etc.
You can't be "sure". It might not sell.we very much want the bungalow-should I offer 190k if they will take off market for period of time? to give us chance to sell.
Doubt it would make any difference. If they take it off, they might lose a sale --- if they keep it on, your offer still stands. They wouldn't really gain anything by taking it off, and they might lose a lot. £3k isn't really very much when considering houses.
Offer them the asking price and they might think about it, maybe. Depends how long the "period of time" was.
Peter0
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