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Pick nice family buyers or weird cash buyers?

80 replies

LongLiveGoblingKing · 02/05/2021 14:09

We have two offers on our house for the same amount. It's an amount we're happy to accept and will give us what we need to buy the property we like.

Offer A is a family with small children who looked around, were lovely, asked a few normal questions and then put in an offer later that day. They are selling their house to first time buyers.

Offer B is a couple who viewed a week ago and initially dismissed the house for a few reasons, but then wanted a second viewing and have made an offer. They are cash buyers.

On paper you should accept from the cash buyers, but my gut is telling me that they will be very hard work! They asked so many questions. Some were as you'd expect (how old is the boiler) and others were a bit intense (wanting to know the function of each pipe visible on the outside of the house).
I might be being really unfair but I just get a PITA vibe from them. I think they'd really pick a survey apart.

Would I be unreasonable to go with offer A? Are the advantages of having a cash buyer worth putting up with a possibly difficult buyer? Does anyone have any stories where they wish they'd followed their gut in a similar instance?

OP posts:
lockdownfeelings · 02/05/2021 22:36

I'd go with the family because I always always follow my gut.

However, the weird questions form the cash buyers look very much like they're trying to work out how much the home insurance will cost them as the questions you shared are all relevant on a house insurance application.

sst1234 · 03/05/2021 09:13

Judging by the responding on here, no wonder so many complain about chain collapsing, not being able to sell or buy etc. If you are selling house, it’s a transaction. If you want a warm fuzzy feeling, get a puppy. If you want to sell a house, think with our head then go with the people paying what you asked for who can complete the fastest.

I0NA · 03/05/2021 09:14

@LubaLuca

I'd go for the cash buyers. I think being overly thorough in checking everything early on is a good sign that they're very serious about the purchase. Laissez-faire buyers can be last minute pains in the arse.
This.
JackieWeaverFever · 03/05/2021 09:16

Nice Family not weird cash buyers.

Nothing to do with anything other than I would want a smooth sale and they sound like they might mess you around. Price gouging at the last minute for "issues they found" etc.

Forestiere · 03/05/2021 09:31

We were cash buyers on our current house, only because we had the proceeds from our last house and we rented for a few months. We did get a very good deal on it and things went very smoothly - the sale was due to a bereavement so there was no chain.

The only thing I'd say about your cash buyer is that chances are they will negotiate hard if the survey throws up anything, also if something better comes up they'll have no qualms in pulling out.

Tricky situation op!

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