Selling my house and the buyer wants me to contribute to £7500 roof repairs. Fair enough. 😀
They have no inspection reports and just a quote with no letter head on an email anyone can type up. 😯
I have had 2 individual companies inspect the house this week; stating the roof is in excellent condition?! replace 10 tiles for more air flow £1000 and £900 to prevent future dampness in winter. 😀
The estate agent is a bit naff and seems to not want to get involved when I asked where is the buyer’s inspection report? I would like to know what is broken etc. 😕
Now the buyer is offering to get an inspection. This just sounds dodgy to me as they have randomly got a quote to see if I would lower the price further as I have knocked it down for them by £6K. 😕
Should I just say I’m not selling to them and rent the house out? (no mortgage but would have been nice to sell) and wait for the price recovery in a few years?
I was buying a house and the roof needed repairing – the battens had rotted and it was a full strip and replace then replace tiles. We both got proper quotes and worked out a reduction on the purchase price based on the quotes.
Most surveys only include looking at a roof from ground level – which is almost no use. Why not let them pay for an inspection you can both agree on?
@Tootall – I was told by two seperate companies that my “roof, tiles, lead fastenings and timbers are in excellent conditon”. I only need vented tiles to prevent dampness in future.
I’m sticking to their original offer which I didn’t want to accept but have to admit I’ve had some crazy offers too- I’m not desperate as I work away in another city and wouldn’t mind moving back in 2 years.
I now know they didn’t have any inspection at all so they tried it on. I’m getting a 3rd quote today.
Just rang a different estate agent to survey the home for renting it out.
@midlifecrashes, I put the house on for sale with an asking price -lowered it “15K than any competition and I had an offer from them £5K less my asking price.
Dig your heels in unless you need to make this sale happen.
Yes it’s a buyers market but you’ve already knocked your sale price down by 15k plus they’ve offered 5k under that.
So they’ve getting a house for 20k less than comparative properties. That’s enough. Tell them to pay what you’ve already agreed or you are going back to the market.
Unless you’ve recently made a big change, then if it hasn’t been damp in winter before, it won’t be in the future, so what exactly is the work quoted for meant to achieve?
@midlifecrashes, my quotes have been zero, they have been for only improvements as they can’t find any problems except more ventilation may be needed to prevent damp.
The buyer just supplied a quote to replace the whole roof without any proof to why.
Will see what happens but can always rent it out.
Good learning curve.
It is a good curve. A lot of people think you have to suck the buyer’s cock. Not so. If they are the kind of people to try this on with you then they are likely to do it again, probably right at the last moment when you are committed to the sale.
If they really like your house they’ll buy it for what’s been agreed. If they don’t want to proceed then you are better off knowing now rather than later.
We sold a property recently that was pretty much all finished the only thing left to was paint the steel roof. Structurally the roof was completely fine, a roofer checked it before quoting to paint it. We had loads of interest in the sale but one party was adamant the whole roof needed replaced so was saying they would offer what they thought was fair less 10k. Then they started on all manner of tiny things and also stuff that they would have liked to be a certain way but would change. Long story short, what they offered was 100k less than the highest offer, they were very upset apparently that other people would offer more and doorstepped me to demand a reason why we sold it to someone else !! It was truly bizarre, like a stalker or something.
“Hi, we’d like to buy your house, but we want to pay £7,500 less.”
“No.”
No arguments, no quotes, no fuss, no ‘refusal to sell to them’ or ‘telling them to get bent’. They want you to give them several grand for free, say no.
😀 true Cougar, but I didn’t mind coming to an agreement if it was genuine but now know they buyer is wasting my time and doesn’t want to buy my house after sitting around for nearly 3 weeks.
They have till end of Monday before I ring up the rental company.
New boiler = £800. Send them some information on maths classes and a B&Q catalogue to help them out.
But you withheld the most important bit of info. Anyone who goes shopping for a new house with their Mum in tow is never going to be a serious prospect.
They are going to give you endless problems if you sell to them. No doubt they will drop the offered amount at the last minute in the hope that you have secured your next house and need to sell to move. I’m all for tough negotiation but it’s got to be done in a proper way, not just taking the piss as these people seem to be.
agree to a 5 k reduction and ask them what boiler they want and to get some quotes for you. How long do you think you can string them out 😉
I have a death threat from one sale and had to go to the police 😳
If you can be bothered rent it out and wait for the recovery to happen might be a few years but right now your going to be 20k down. But if you rent out for a couple of years its say 400 quid a month of certain money then sell for 20 grand more than you are going to do now. you dont have to worry about crap tenants either as most young people cant get a mortgage so you can be choosy. Well thats what i ve done anyway
Death threats? hope you reported them to the Plod Junkyard!
Seems to be the case pottsathome. I’ve just had the tenancy contracts arrive to look over. If I can a get a good lodger for 2 years that would be awesome.
spot on with the math pts.. dont sell now unless you really have too in the mean time keep stringing them along tell em you’ ll knock this off and that off and get it redecorated etc they’ ll get all excited all for you to whip it out from under thier feet
“There’s nothing wrong with the boiler, and every time you make up something stupid in future the price is going up a grand. Now, do you want the effing thing or not?”