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selling a property, not sure what to do next
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I own the bungalow my dad(aged 85) lives in, and I'm in the process of selling it, as he's moving to a retirement apartment in the town I live in, which I 'm buying with the proceeds from the sale of the bungalow. A couple have made an offer of �2,000 below the asking price which the estage agent strongly reccomended I accepted (they have no property to sell, the money's in the bank to buy dad's place) so I accepted. Problem is another couple have viewed today and have said they'd pay asking price. They have still got to sell their property.
I don't want to cause a gazump situation and I'll still keep with the first offer because it should proceed quickly - but what do you think the estate agent will advise? I've never sold a property before so I don't know how it works! Any thoughts anyone?
I don't want to cause a gazump situation and I'll still keep with the first offer because it should proceed quickly - but what do you think the estate agent will advise? I've never sold a property before so I don't know how it works! Any thoughts anyone?
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.I have just sold a property for under the asking price as the buyer said he had the cash available. My Solicitor, who is also a friend, recommended that if we did this to agree to the sale but by a certain exchange and completion date as sometimes a cash buyer will still try to stall. If they truly have the cash available they should agree to this.
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Here is the list which your should read carefully.
1: The “Rent vs. Buy” Decision
2: Figuring out How Much Money You Have Available
3: Buying Into Condos 0r Co-ops
Fore more information please visit this site thanks
https:/