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House selling dilemma

9 replies

sunshineonleith1 · 07/09/2018 15:31

Just interested in what MNers would do about this.

In January we agreed to sell our house to our neighbour. We agreed a price. To fund that sale they have to sell another property which they have inherited (they want to buy our house for their MIL to live next door in, not for them to move into).

We were advised by an estate agent that we are not 'proceedable' until our neighbour is, so we've been keeping an eye on the housing market but not really viewing much. We have sadly now found our dream house, and have been told we can't put an offer in.

Since January, our neighbour has had two sales fall through. One early on and one most recently which got to contracts (obviously not exchanged) and then fell through. She now is decorating etc to try and get a new buyer.

We are not desperate to move, but we're also kind of living in limbo - not buying things for the house and not doing much DIY because we're due to move, and it strikes me that this going on for 9 months is quite a time.

However, there is no other house my neighbour could move into (there is no 'other' next door to me) and she has big personal reasons why she wants to. She's lovely, we want to sell to her - but how long do you wait?

OP posts:
CeeCeeAndAida · 07/09/2018 15:40

Private sales are the ones most likely to fall through.

If you really want to move, having now found your 'dream house', I would suggest putting your house on the open market properly.

You'll have to tell your neighbour that you can't wait any longer.

serbska · 07/09/2018 15:41

Gosh, you've already waited 9 months...

I think I would give them another 2 months then go back to market in Dec.

serbska · 07/09/2018 15:41

Oh yes, although if you have found a house you like then just go back to market now.

CeeCeeAndAida · 07/09/2018 18:27

Oh, and if you do decide to market your house with an estate agent, be sure to tell them that you already have a private offer from

MrsZB · 07/09/2018 18:34

You can’t put your life on hold for them.

Or miss out on your dream home.

Why are their sales falling through? The next one might too.

NanooCov · 07/09/2018 18:42

Put your house on the market. If your neighbour really wants your house she'll have to arrange other finance/bridging. Does the MIL not have any funds?

MrsZB · 07/09/2018 18:48

Did you have your house valued by an estate agent in January?

MrsZB · 07/09/2018 18:52

I honestly think you have been really kind to your neighbour and you shouldn’t feel guilty.

Moving house is so stressful anyway.

AspieHere · 07/09/2018 19:29

9 months is long enough. I wouldn't wait anymore.

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