Selling house before 6 months

Haz29

My 6 month will be up say jn end of august

sitesafe

Haz29 wrote: »

My 6 month will be up say jn end of august

Friend of mine just bought a place that was last sold 6 months earlier. It had been been renovated very well so they'd obviously bought it to do up and sell on.
As for bungalows they are very popular - someone else will fall in love with it that really wants a bungalow - if it's a good propert I'm sure you'd soon get it sold.

warby68

Haz29 wrote: »

@warby68 wouldnt outting it on now and telling potential vievers to wait till 6 m be a turn off

Possibly but an 'average' house sale takes a few months to go through anyway and you're already 1m in.

Also you might get someone not mortgage dependant

It might even be attractive to a FTB to secure a deal/price now but have a few extra months to save up.

I don't think you have any perfect tactic here as selling like this is not the norm. If you hang onto it empty it will incur costs and unoccupied properties soon get a certain feel about them and its rarely good.

I sold a house once many years ago without living in it due to a bereavement. I still intended to move in eventually but then a job move changed things. In the 18m I had the property it did start to feel grotty even though I kept it heated/ventilated/clean etc. Was very glad to be rid in the end.

kingstreet

There are plenty of lenders which choose not to apply the six month "rule," so a potential buyer will have some options...

Haz29

Kingstreet which banks do not have 6m rule? Curious

Haz29

Warby68 what kind of feel
Do you mean?

JimmyTheWig

Haz29 wrote: »

End of the day there is nothing wrong with the house thats why the buyer has a right to have all checks done.
Its in a nice quiet mews area, neighbors are elderly no kids or teenage people who mess around.
Im selling like i said i got somewhere to stay already i dont NEED to have the house anymore and i could prove that to a potential buyer

You sound like you are trying to convince us. We're not the ones thinking about buying it. If you think it is worth it for you, then go for it.

Money_maker wrote: »

Bungalows sell well in most areas so you may be ok.

This would also have been the case when the OP bought it, so the fact that bungalows sell well would have already been built into the price.

Out,_Vile_Jelly

Haz29 wrote: »

Warby68 what kind of feel
Do you mean?

There's the physical; the property is likely to be musty/stuffy from lack of fresh air, dusty, and have an accumulation of dead flies/spiders on the windowsills. If it has any kind of garden, that can quickly get jungly over the summer months without regular attention (lawns need mowing once a week).

In a less quantifiable emotional sense they often feel unloved and depressing.

Ruthie0889

Personally I would wait until the 6 months is up before you re-market the property. That way you will have no problems with a buyer obtaining a mortgage.

I appreciate I may not fully understand your circumstances, but I would hold off selling for as long as possible. Once it has been over 6 months you will potentially attract more buyers and the value of the bungalow may have increased slightly by then. Of course it depends where you are in the country.

societys_child

So much negativity in the replies.

It took 15 days to buy the house I currently own and live in.

My son bought his house with no problems even though it had changed owners only 4 months previously. He did ok, bought a bit cheaper then similar houses were going for, and the vendor made a few shillings on the deal as well, (and he needed a mortgage)

You can't believe everything you read on the interweb . . .