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Dilemma ???

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Old Mar 13th 2006 | 2:58 am
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Default Re: Dilemma ???

Originally Posted by WendyC
He offered us £75k before we put it on the market so he's already upped it by 10k.

Oh well, he is apparantly contacting a surveyor this aft so I will see what happens. If the surveyor comes then I know he is serious and I will plan the next move.

We also won't have to pay the agent so that will save us £1500, we should be able to sell our furniture for around £2k so really we are only losing about £2k off the lowest we would have sold for including all our stuff which was £90k. As we all know £2k isn't a lot when you are selling a house.
mmm 75k was just taking the piss wasnt it I guess with you not having to pay the estate agent fees its not too bad an offer, go with your gut feeling. I wouldnt wish our situation of being on the market for 10 months on anyone so IMHO take it.
 
Old Mar 13th 2006 | 3:02 am
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Default Re: Dilemma ???

Originally Posted by possoms
mmm 75k was just taking the piss wasnt it I guess with you not having to pay the estate agent fees its not too bad an offer, go with your gut feeling. I wouldnt wish our situation of being on the market for 10 months on anyone so IMHO take it.

We've no choice now cos hubby told him yes. We were going to discuss it tonight

Mind when he rung he said to me "How desperate are you to go to Oz", and I said "very". He then told me that his mate had offered £85k and the first thing I said was "Take It." So I'll let him off

I really need to get going, I have been so depressed this past three weeks, very unlike me. I think I have to just go for it if only to keep my sanity.
 
Old Mar 13th 2006 | 3:04 am
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Default Re: Dilemma ???

Originally Posted by WendyC
We've no choice now cos hubby told him yes. We were going to discuss it tonight

Mind when he rung he said to me "How desperate are you to go to Oz", and I said "very". He then told me that his mate had offered £85k and the first thing I said was "Take It." So I'll let him off

I really need to get going, I have been so depressed this past three weeks, very unlike me. I think I have to just go for it if only to keep my sanity.
Congratulations on finding a buyer..............I think you've done the right thing!
 
Old Mar 13th 2006 | 3:08 am
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Default Re: Dilemma ???

Originally Posted by WendyC
, I think I have to just go for it if only to keep my sanity.
You kept your sanity!!!


Really though Wendy, take the money and run.
Get yerself to oz asap hun

Take care
xxx
 
Old Mar 13th 2006 | 3:11 am
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Default Re: Dilemma ???

Thanks guy's

I am trying not to get too excited just yet in case something goes wrong and he changes his mind. But it feels good not to have to worry if someones going to ring to look round.

he's coming up tonight (fingers crossed) to discuss things so I will let you all know how it goes and if he turns up
 
Old Mar 13th 2006 | 3:18 am
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Default Re: Dilemma ???

Originally Posted by WendyC
Thanks guy's

I am trying not to get too excited just yet in case something goes wrong and he changes his mind. But it feels good not to have to worry if someones going to ring to look round.

he's coming up tonight (fingers crossed) to discuss things so I will let you all know how it goes and if he turns up
We'll get Debbie to do a uri gellar thread for you!!

He'll turn up, hes getting a bargin!!!
 
Old Mar 13th 2006 | 3:18 am
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Default Re: Dilemma ???

Just make 100% sure that you don't have to pay anything to the estate agents. Some of them have "selling rights" cleverly put into the contract so you end up having to pay their fee even if you find a buyer yourself.
 
Old Mar 13th 2006 | 3:29 am
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Default Re: Dilemma ???

Originally Posted by WendyC
Thanks guy's

I am trying not to get too excited just yet in case something goes wrong and he changes his mind. But it feels good not to have to worry if someones going to ring to look round.

he's coming up tonight (fingers crossed) to discuss things so I will let you all know how it goes and if he turns up
SELL, SELL, SELL, Hope everything goes well for you tonight, huge weight off shoulders.
 
Old Mar 13th 2006 | 3:39 am
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Default Re: Dilemma ???

How long has it been on the market, and what's the latest you have to sell by?
 
Old Mar 13th 2006 | 3:50 am
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Default Re: Dilemma ???

Originally Posted by Luma
Just make 100% sure that you don't have to pay anything to the estate agents. Some of them have "selling rights" cleverly put into the contract so you end up having to pay their fee even if you find a buyer yourself.
I was going to say this too. I used to work in an Estate Agents and the contract was for 12 weeks minimum. You could take it off the market during that period and nothing was due but if they then found out that you had sold it privately they would chase you for the fees - their point being that they had paid to advertise etc but had gotten nothing for it. They may also say that the only way the person (who you are selling to privately) knew it was on the market was because they saw their board outside! Some people will see the board and then knock on the door and offer a below market price for a speedy exchange and no fees - this is why the Estate Agents have the clause.

Be very careful with this one - they could sting you when you're not expecting it.

Take care

Rach xxxx
 
Old Mar 13th 2006 | 3:58 am
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Default Re: Dilemma ???

The contract state's that "if they introduce the buyer" then I have to pay a fee. Also i will just tell them that I have changed my mind. If they want paying for the advertising then I shall pay them for the 3 ads they have put in the paper. They have told us the first 3 are free then we have to pay £30 for every one after, so I shall write them a cheque for £90.

They think that we are selling to release the equity for a business venture, so I shall just say that we are taking out a loan and are renting the property out to pay for it.

I really don't care, they can send us a bill, doesn't mean I have to pay it though (only kidding)
 
Old Mar 13th 2006 | 5:07 am
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Default Re: Dilemma ???

Give your hubby a hug (or more) for not being indecisive. Having doubts and postponing things like this could very well ruin a deal. Now you've got one and I hope that You'll be signing contracts soon.
 
Old Mar 13th 2006 | 5:29 am
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Default Re: Dilemma ???

Wendy I think you have done the right thing taking the offer!


OMG! Adelaide watch out she's on her way!


Whoooo hooooo! (I've said this alot tonight! )

Jackie x
 
Old Mar 13th 2006 | 5:37 am
  #29  
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Default Re: Dilemma ???

Wendy - I've just seen this,

I would have said take the offer but see you've already decided to do that.

Good luck with it
 
Old Mar 13th 2006 | 6:07 am
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Default Re: Dilemma ???

Originally Posted by WendyC
We have just had an offer on our house and I'm just wanting a few opinions please.

OK - the estate agent said they could sell it for around £92 - £95k. The offer is for £85k. No chain, cash sale and can complete in 4 - 5 weeks. We can live in the house rent free until the day we fly out.

We have had 4 phone calls in the past 6 weeks. 2 already had offers accepted on other houses, 1 didn't turn up and 1 offered £92k then pulled out 2 days later.

In the past three weeks, 4 houses have sold in adjoining streets on similar types of houses. However I don't know how much for. They were all on the market between £87,500 and £110,000

Now the dilemma is do we take the house off the market and sell to this guy, that way we save estate agents fees and make a profit of just short of £48k on the house ( had it for 2 and a half years ) or do we hold out for a while and see if anyone else comes along with an offer of more than £90k which is the price we originally said was our lowest.

Any comments welcome
Thanks
Wendy
dunno

Please don' t put this kind of pressure on me :scared:
 


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