House sale - how to approach it best?

  • Erstellt am 2017-04-24 22:54:33

Alex85

2017-04-26 17:18:39
  • #1
That's right. Ultimately, the additional costs of bridging finance and the risk that the new building will not be completed are passed on to someone else. However, that person wants to see cash in return, whether in the form of rent or a discount. The potential buyer will also have to pay commitment interest, which they will offset. Whether it is ultimately worthwhile or someone is foolish enough to do it? Maybe. But that gamble wouldn't be worth it to me and is significantly less nerve-saving than properly planning for the costs of bridging finance from the start (these are not huge amounts either).
 

Nordlys

2017-04-26 23:25:07
  • #2
The fact is, the pricing model works. Our children did it the same way. The fact is also, it sells easier, better, more expensively, if you move out right away. But the fact is also, moving out immediately means a temporary apartment. First build, then sell, finance in between, without knowing what you’ll really have in the bag afterwards, I couldn’t do. Too cautious for that.
 

Arifas

2017-04-26 23:45:41
  • #3
I am about to finish reading, but I want to make it clear that the timing of the purchase price payment is pretty much irrelevant to me. As long as the purchase contract is signed, the sale is certain, right? Then of course we can also gladly provide interim financing for a few months
 

Arifas

2017-04-26 23:48:52
  • #4

Exactly. We cannot live with this uncertainty.

Conceivable for us would be, for example, to sell in December with a contract and 7 months right of residence, bridge finance and build, and in case of delays temporarily store furniture and stay with family/holiday apartment for a few weeks. It would be uncomfortable but the lesser of two evils.

Do you think that is reasonable to expect of a buyer?
 

Nordlys

2017-04-27 09:40:34
  • #5
Yes... if he wants the house. It is currently a seller's market. You have good chances if your property is in good condition, reasonably priced, then there will be demand. Bet? Karsten
 

markus2703

2017-04-27 10:18:46
  • #6
From my experience, I can say, yes it works. You just have to find someone who really likes your house. For many, the pain threshold was around 6 months.
 

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