Recently we posted some letters through doors of a local area we were interested in buying in. Local market is always painfully slow and people tend to buy here and stay here.
Anyway, we had a call from an older couple who are looking to sell up and retire to Cornwall and want to sell their house to a local family and they are interested in us buying.
They are getting the house valued next week and want us to come and have a look.
House next door to them is a mirror image and has recently sold, was up for £189k and sold almost immediately.
How do things work if they choose to not use an estate agent, how do we know the value is correct? Will they ask for it to be inflated as they know someone is interested? Do we arrange our own valuation? How do we put in an offer and then what happens?
We are first time buyers so pretty clueless if I’m honest. The house will be perfect size wise and local to our children’s school as well.
Any tips or any help would be gratefully received 