My wife has managed to find a place that we both like the look of quite a lot.
The trouble is, there have already been some offers made on it, and our house isn't even on the market yet.
We've got a decision in principle for the mortgage we'd need, and apparently the sellers are keen to sell it to people who want to live there, rather than developers who want to split it into flats and sell them on, which is what they've had so far.
We haven't sold a house before - what should we be aware of? What kind of commission is normal? If this place sells before we've sold ours, which I think is highly likely, can we just take it off the market again without having to pay estate agents anything?
Commission is negotiable but usually 1%. You only pay on completion (on your sale of your property’s sale price) so no sale no fee likewise solicitor costs. Go for it :)
My wife has managed to find a place that we both like the look of quite a lot.
The trouble is, there have already been some offers made on it, and our house isn't even on the market yet.
We've got a decision in principle for the mortgage we'd need, and apparently the sellers are keen to sell it to people who want to live there, rather than developers who want to split it into flats and sell them on, which is what they've had so far.
We haven't sold a house before - what should we be aware of? What kind of commission is normal? If this place sells before we've sold ours, which I think is highly likely, can we just take it off the market again without having to pay estate agents anything?