-
Having been dumb enough to buy a place with a couple of similar bodges in place (that I didn't spot), I would urge you to do the ethical thing.
However, it sometimes seems in property that you get buyers trying to negotiate you down for things even if you have adjusted for them in the asking price.
So I suppose my quasi-ethical strategy would be this - set the asking price for the flat as if it didn't need the kitchen doing, and make the flat look nice for he photos. Then when you have a buyer on the hook, give them hints about the kitchen and be prepared to let them negotiate you down.
That way they feel like they've won when you accept their price chip, plus you don't pay twice for the kitchen works or alternatively feel like a dick for not disclosing it.
-
Increase the size of the hole/s where the hinges were screwed into to 6mm. Chop down a rawl plug and stick it in with some good strength adhesive (sticks like shit). Wait half hour and then screw the hinges back in. Should be as solid as new
-
Spend £10k refitting the kitchen and bathroom. Ask £20k more. Profit.
-
Tl;Dr do I tell buyers that the kitchen is shit or let them find out after buying it?
They'll find out before they buy it, probably.
I also reckon that unless you pitch the place as 'newly renovated with state of the art kitchen' by not telling them you aren't doing anything dishonest; buyers don't expect the stuff that comes with the place to last forever.
Now if you have a crack-den-hive-dealership next door that you've reported to the police it would be unethical not to disclose it to the buyers. Some people hide that shit, too.
You are reading a single comment by @DethBeard and its replies.
Click here to read the full conversation.
NickCJ
td3000
Hefty
Howard
@DethBeard
We are selling out flat soon, but our kitchen has half the doors off the cupboards (the doors are fine, but the carcass they attach to is shite and the hinges tore out)
I am going to put a dowel down the side and drill through and make it work (bodge of the highest order, that will probably not last too long) now the ethical thing is to tell any prospective buyers that the kitchen needs refitting but we are concious of losing £££ on the sale price. The bathroom is also dated, so there is scope for them to barter on the price, if they are inclined.
Tl;Dr do I tell buyers that the kitchen is shit or let them find out after buying it?