House sale probs already what would you do?
#31
Re: House sale probs already what would you do?
Lots of good points on here!!
This happened to us few years ago, they were 5 grand short on what we wanted, we went back onto the market and 2 days later they were back offering the additional 5 grand we wanted, they had borrowed the money off one of their parents!! House sale went through in 8 weeks, job done!!!
So like someone said before me I know what i am like if i want it i GOTTA have it!!!
It is a hard one to call but as my husbands nan who is 98 years old always says "Whats for you wont go by you" and I think never a truer word spoken from a very wise very old lady!! Bless her!!
This happened to us few years ago, they were 5 grand short on what we wanted, we went back onto the market and 2 days later they were back offering the additional 5 grand we wanted, they had borrowed the money off one of their parents!! House sale went through in 8 weeks, job done!!!
So like someone said before me I know what i am like if i want it i GOTTA have it!!!
It is a hard one to call but as my husbands nan who is 98 years old always says "Whats for you wont go by you" and I think never a truer word spoken from a very wise very old lady!! Bless her!!
#32
Forum Regular
Joined: May 2004
Location: South wales (the old one :-)
Posts: 96
Re: House sale probs already what would you do?
Just do a loan agreement or something like that for the 5k diference,
OR, just let them have the house at the cheaper price,
if you think, on a house like that, you'd be paying around 1k a month on a mortgage anyway
if they dont buy, and you face another 5 months of waiting, then you're 5k down anyway, and, chances are, the next person would mess you around,
take it I would, but ask about the extra 5k anyway, ask them nice like and tell them that they could pay you xxx a month for xxx months to make up the difference if they buy, and get it officialised by the solicitor
OR, just let them have the house at the cheaper price,
if you think, on a house like that, you'd be paying around 1k a month on a mortgage anyway
if they dont buy, and you face another 5 months of waiting, then you're 5k down anyway, and, chances are, the next person would mess you around,
take it I would, but ask about the extra 5k anyway, ask them nice like and tell them that they could pay you xxx a month for xxx months to make up the difference if they buy, and get it officialised by the solicitor
#33
womble
Joined: Sep 2005
Posts: 2,675
Re: House sale probs already what would you do?
Originally Posted by bleugh
Just do a loan agreement or something like that for the 5k diference,
OR, just let them have the house at the cheaper price,
if you think, on a house like that, you'd be paying around 1k a month on a mortgage anyway
if they dont buy, and you face another 5 months of waiting, then you're 5k down anyway, and, chances are, the next person would mess you around,
take it I would, but ask about the extra 5k anyway, ask them nice like and tell them that they could pay you xxx a month for xxx months to make up the difference if they buy, and get it officialised by the solicitor
OR, just let them have the house at the cheaper price,
if you think, on a house like that, you'd be paying around 1k a month on a mortgage anyway
if they dont buy, and you face another 5 months of waiting, then you're 5k down anyway, and, chances are, the next person would mess you around,
take it I would, but ask about the extra 5k anyway, ask them nice like and tell them that they could pay you xxx a month for xxx months to make up the difference if they buy, and get it officialised by the solicitor
personally my alarm bells are ringing - IF you accept the 5k lower, then you really need to find a way that they dont welch on the agreement - my parents had something similar happen to them - the day before they exchanged contracts the buyer dropped by another 10k!
#34
Re: House sale probs already what would you do?
Thanks again all
Your comments and suggestions are all appreciated!!!
Kris xx
Your comments and suggestions are all appreciated!!!
Kris xx
#35
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: House sale probs already what would you do?
I can't believe people are so obsessed with house prices they would hold out for 5k. All things being equal, I would take the money and get on the plane. 2006 is not 2002-2004.
#36
Re: House sale probs already what would you do?
Originally Posted by thatsnotquiteright
I can't believe people are so obsessed with house prices they would hold out for 5k. All things being equal, I would take the money and get on the plane. 2006 is not 2002-2004.
Its not 5k its 10K!!
Kris xx