Owning your own home

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mustardbeak in reply to @danb

I would want to know how they are funding that before accepting. If they need a mortgage, they will need to bridge that themselves as the valuation won't come in a 40k over.

Personally I would be wary of huge offers over, as their intention could be to secure and chip the price down later.

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danb in reply to @mustardbeak

Yeah - part of the best and finals is for them to submit details about how they will be funding etc. We did get some info when they booked the viewings and there were a number of cash buyers, but am still pretty wary.

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mustardbeak in reply to @danb

Fingers crossed it works out well for you, Bristol certainly seems like the most desirable place in the UK at the moment!

Cash buyers not necessarily the dream you would think, my Neighbour sold to one recently and they were battered on price and then chipped just before exchange for nearly 10k.

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