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House Sales

Community Veteran
Posts: 7,906
Thanks: 588
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Registered: 02-08-2007

House Sales

Not wanting to bump the thread on equity release it's also worth noting some firms are offering to buy your house for cash with the offer of a quick sale, a few days before completion they then tell you the figure originally offered is now reduced by thousands of pounds, if you are tied up with buying another house you either withdraw from that purchase leaving the sellers in the lurch and you feeling angry and guilty for letting people down or you accept the lower price and lose thousands ! you will no doubt have lost hundreds on your solicitors/removal firm cancellation etc.
It's an almost impossible task to find any firm or company that you can trust.
5 REPLIES
Community Veteran
Posts: 18,544
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Registered: 12-08-2007

Re: House Sales

I would have thought it is the responsibility of your solicitor to see this doesn't happen Undecided
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Re: House Sales

From what I've read the originally offered price is already far below market value.

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Community Veteran
Posts: 18,544
Thanks: 190
Registered: 12-08-2007

Re: House Sales

But surely if you are selling a house you will have a rough idea of how much it is worth Undecided  An estate agent would provide an 'optimistic' value or a surveyor would provide a realistic value. This would then give you some information on which to discuss any offers made by third parties.
Community Veteran
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Registered: 23-09-2010

Re: House Sales

That's similar to the buy any car site. You get an offer then most people will have to travel a long way to their garage/office. They will then pick the tiniest fault and knock the offer price well down.
You then have a choice of travelling back home with nothing to show except a fuel bill or take the much reduced offer. They depend on the fact that most people that go to sites like this are desperate for money and so usually end up taking their offer.
kdoug007
Grafter
Posts: 510
Registered: 17-05-2012

Re: House Sales

Quote from: gleneagles
Not wanting to bump the thread on equity release it's also worth noting some firms are offering to buy your house for cash with the offer of a quick sale, a few days before completion they then tell you the figure originally offered is now reduced by thousands of pounds, if you are tied up with buying another house you either withdraw from that purchase leaving the sellers in the lurch and you feeling angry and guilty for letting people down or you accept the lower price and lose thousands ! you will no doubt have lost hundreds on your solicitors/removal firm cancellation etc.
It's an almost impossible task to find any firm or company that you can trust.

hiya  i know  what you mean ...  there  are  several that have  adverts in the paper..  i  would not  touch them  ever....
unless  one  is  totally  desperate,,  they  offer  a  very low price  for  the  house... and  its not  intended as  equity release...