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  • FIRST POST
    • hayabslee0
    • By hayabslee0 15th May 18, 10:47 AM
    • 37Posts
    • 19Thanks
    hayabslee0
    Buying our buyer's house? Silly?
    • #1
    • 15th May 18, 10:47 AM
    Buying our buyer's house? Silly? 15th May 18 at 10:47 AM
    To cut a long story short; we were recently in a chain that fell through (our buyer's buyer pulled out). We have given our buyer a couple of weeks to see if she can sell.

    In the meantime, while checking on Rightmove, we found her house and it's something we're quite interested in. However, would it be weird for us to now go and-view hers and potentially proceed with her house and in theory, swap?

    Our original long-term plan was to relocate to a new area, however, with the stress of the sale falling through, we're starting to think of other options. Our buyer's house is in an area which has the benefits of what we're looking for in our initial plans to relocate (smaller and more local schools, quieter street etc).

    The upside is, a very small chain and less chances of anything going wrong!
    Last edited by hayabslee0; 15-05-2018 at 12:35 PM.
Page 1
    • dunroving
    • By dunroving 15th May 18, 10:50 AM
    • 1,268 Posts
    • 882 Thanks
    dunroving
    • #2
    • 15th May 18, 10:50 AM
    • #2
    • 15th May 18, 10:50 AM
    To cut a long story short; we were recently in a chain that fell through (our buyer's sellers pulled out). We have given our buyer a couple of weeks to see if she can sell.

    In the meantime, while checking on Rightmove, we found her house and it's something we're quite interested in. However, would it be weird for us to now go and-view hers and potentially proceed with her house and in theory, swap?

    Our original long-term plan was to relocate to a new area, however, with the stress of the sale falling through, we're starting to think of other options. Our buyer's house is in an area which has the benefits of what we're looking for in our initial plans to relocate (smaller and more local schools, quieter street etc).

    The upside is, a very small chain and less chances of anything going wrong!
    Originally posted by hayabslee0
    Not only is it not weird, if you like the place, there are lots of advantages so why not?

    The only complication I can see is that you will each know where the other lives, and if anything goes pear-shaped after the transaction and either of you is "weird", then it could get "weird" at that point.

    So, if you are not "weird" and they are not "weird", I'd say go for it.

    Have you Googled "house swap"?
    (Nearly) dunroving
    • NaughtiusMaximus
    • By NaughtiusMaximus 15th May 18, 10:52 AM
    • 800 Posts
    • 1,921 Thanks
    NaughtiusMaximus
    • #3
    • 15th May 18, 10:52 AM
    • #3
    • 15th May 18, 10:52 AM
    Unusual but not weird. If the buyer's house is right for you I see no reason not to consider it.
    • MEM62
    • By MEM62 15th May 18, 11:01 AM
    • 1,638 Posts
    • 1,260 Thanks
    MEM62
    • #4
    • 15th May 18, 11:01 AM
    • #4
    • 15th May 18, 11:01 AM
    If the property suits you it's not silly at all.
    • ProDave
    • By ProDave 15th May 18, 11:49 AM
    • 927 Posts
    • 1,039 Thanks
    ProDave
    • #5
    • 15th May 18, 11:49 AM
    • #5
    • 15th May 18, 11:49 AM
    When we first looked at the idea of downsizing from 5 bedrooms to 3, I hoped we might find such an exchange deal but never did. If their house suits you then fo and have a look.
    • AnotherJoe
    • By AnotherJoe 15th May 18, 11:49 AM
    • 9,852 Posts
    • 11,017 Thanks
    AnotherJoe
    • #6
    • 15th May 18, 11:49 AM
    • #6
    • 15th May 18, 11:49 AM
    Another vote for this beinga very sensible option. Let us know how it goes.
    • hayabslee0
    • By hayabslee0 15th May 18, 12:13 PM
    • 37 Posts
    • 19 Thanks
    hayabslee0
    • #7
    • 15th May 18, 12:13 PM
    • #7
    • 15th May 18, 12:13 PM
    This has really thrown a spanner in the works, lol.
    • xylophone
    • By xylophone 15th May 18, 12:15 PM
    • 25,771 Posts
    • 15,226 Thanks
    xylophone
    • #8
    • 15th May 18, 12:15 PM
    • #8
    • 15th May 18, 12:15 PM
    This has really thrown a spanner in the works, lol.
    On the contrary, if your buyer agrees, you have just picked up the right tool?
    • pinkshoes
    • By pinkshoes 15th May 18, 12:15 PM
    • 15,844 Posts
    • 21,765 Thanks
    pinkshoes
    • #9
    • 15th May 18, 12:15 PM
    • #9
    • 15th May 18, 12:15 PM
    I live in a village where this is quite normal.

    People downsizing swap with those wanting a family home.
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
    • mistertea
    • By mistertea 15th May 18, 12:31 PM
    • 17 Posts
    • 26 Thanks
    mistertea
    (our buyer's sellers pulled out).
    Originally posted by hayabslee0
    Wouldn't that be you?

    Buying your buyer's property would be great in terms of the tiny chain, so long as their property is the main draw and not the simplified chain. Good luck!
    • hayabslee0
    • By hayabslee0 15th May 18, 12:34 PM
    • 37 Posts
    • 19 Thanks
    hayabslee0
    Wouldn't that be you?

    Buying your buyer's property would be great in terms of the tiny chain, so long as their property is the main draw and not the simplified chain. Good luck!
    Originally posted by mistertea
    Doh! Sorry. I meant our buyer's buyer!...this house buying malarkey is overworking my brain.
    • victoriavictorious
    • By victoriavictorious 15th May 18, 12:41 PM
    • 313 Posts
    • 509 Thanks
    victoriavictorious
    Fate may have had this plan for you all along!
    Go for it, you've nothing to lose and it sounds like the perfect solution.
    • hayabslee0
    • By hayabslee0 15th May 18, 2:31 PM
    • 37 Posts
    • 19 Thanks
    hayabslee0
    Well, we've put the offer to her, just a case of waiting to see what happens. Just praying it doesn't freak her out and put her off buying our house.
    • lena_halo
    • By lena_halo 15th May 18, 3:05 PM
    • 144 Posts
    • 116 Thanks
    lena_halo
    Sounds like the perfect solution! let us know how it goes
    • AnotherJoe
    • By AnotherJoe 15th May 18, 3:51 PM
    • 9,852 Posts
    • 11,017 Thanks
    AnotherJoe
    They've only made the offer today Libby !!
    • hazyjo
    • By hazyjo 15th May 18, 3:58 PM
    • 10,711 Posts
    • 14,064 Thanks
    hazyjo
    They've only made the offer today Libby !!
    Originally posted by AnotherJoe
    Calling Spam as they've posted on another thread "What do you think about buying real estate at bailiffs' auctions?"

    Gaining a post count I suspect to post spam as neither post has been particularly relevant to anything.
    2018 wins: Single Malt Whisky; theatre tickets; festival tickets; year of gin(!); shoes
    • hayabslee0
    • By hayabslee0 15th May 18, 4:03 PM
    • 37 Posts
    • 19 Thanks
    hayabslee0
    Was it successful? I'm also curious how it works. Give me an answer as soon as possible.
    Originally posted by Libby Miles
    No idea - not heard back from her to gauge her reaction to the idea - still got to view her house, too.
    • hannh
    • By hannh 15th May 18, 6:12 PM
    • 62 Posts
    • 241 Thanks
    hannh
    My parents did this some years ago, we upsized and they downsized. As far as i know all went fine, but i was very young at the time!
    • hayabslee0
    • By hayabslee0 16th May 18, 8:01 AM
    • 37 Posts
    • 19 Thanks
    hayabslee0
    As an update...we spoke about this as a family last night, and despite our buyer being happy for us to view her property, we think @mistertea above is correct - although the house is better that where we are, deep down, we still want to move where we originally planned (up North), and I think we made a quick decision on the back of the disappointment from the house falling through and the thought of an easy option seemed good.
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