Hi,
I recently posted about whether to sell/rent or sell/buy. We've decided to try selling and buying. Now, a lot of things have to work out for us to move, such as getting an acceptable offer on our house and getting the new house for an affordable price.
We have not got mortgage approval, but were told by someone in the bank that "it shouldn't be a problem". We're pushing ahead anyway, in the hope we get it. (Should we wait?)
Anyway...
This house has been on the market for about a year - it's in ill repair and will require a major (costly) overhaul. Asking price has been 220K since March. EA says an offer of 180K was refused, but they wouldn't sell for less than 210.
What's my play?
I recently posted about whether to sell/rent or sell/buy. We've decided to try selling and buying. Now, a lot of things have to work out for us to move, such as getting an acceptable offer on our house and getting the new house for an affordable price.
We have not got mortgage approval, but were told by someone in the bank that "it shouldn't be a problem". We're pushing ahead anyway, in the hope we get it. (Should we wait?)
Anyway...
This house has been on the market for about a year - it's in ill repair and will require a major (costly) overhaul. Asking price has been 220K since March. EA says an offer of 180K was refused, but they wouldn't sell for less than 210.
What's my play?