Hi,
I am currently looking for a house to purchase with my partner.
So far it has been quite difficult because the market is very slow in the area we are looking in.
This one house has been on the market for a number of months and in paper (pictures) looks perfect, but it is way over our budget.
After no movement on it and one price drop we decided to call the EA, who confirmed there has been no accepted offers so far and that the price can be negotiable.
We arranged to have a look at the property, and the house is really lovely.
BUT after finding out who the owner is, we have found out abut a number of big problems he has been involved in throughout the years due to dodgy building work and other legal issues. These come from very reliable sources and it is backed up by online information...
When we went to see the house, the owner took us through it and explained some of the extensive work he has done over the years. Obviously this set up alarm bells straight away. Also the house is quite old, and it makes me feel even more concerned about bad quality work having been done to it... and knowing he is not known for being a reliable person makes you consider whether its advisable to enter this process at all...
We are considering to just walk away and forgetting about it completely, but the place is so lovely....
Would you give it a chance to investigate what's been done, etc, or would you just walk away??
Sorry for the rant,
Thanks!