Welcome to the reallymoving forum
Got questions and need some advice? Our forums have answers on everything from choosing the right property, to renting and selling.
  • If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Announcement

Collapse
No announcement yet.

U.K. renegotiation after survey

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • U.K. renegotiation after survey

    We marketed a property on behalf of a family member when they went into a care home. The house was valued by 2 estate agents - one at £160k and one at £155k. We went with £155k. The first person to view the house, initially offered £137k which we turned down and said we’d be willing to sell for £145k - we wanted a quick sale. The buyer return 3 days later (the same day our family member dies) with a revised offer of £140k which we accepted on the basis there would be no renegotiation after the survey and were willing to wait for probate (2-3 months). The buyer has had a survey completed which they have shared, it clearly states the price is reasonable in the houses current condition, with a couple of things highlighted for repair. The bit has come back asking for a further 10k discount!

    we have said no as we think she is just trying it on, the house is a 3 bed semi with a garage, with no other houses in the locality remotely close in price - one a few doors up is on the market for £180k. All other properties around her offer price a 1 and 2 bed flats with no parking.

    We have offered to repoint the chimney and replace the cast iron guttering if she wants - but she’s still wanting further discount.

    we are in no rush to sell - should we call her bluff and tell her to walk away and we’ll put it back on the market?
Working...
X