Reselling almost immediately

[Sparkymoo]

There's a house near me that was sold end of October 2024 and was back on sale in December 2024.

It's not a big doer-upper - why would they be reselling so fast? Only change I can see if they have taken shelving out of one room.

Unless you ask them we aren't going to know. Could be they've split up, major fault with the house, crazy neighbour, can't afford it, won the lottery. Could be anything.

Hate the house, having an affair/divorcing, redundancy, inheritance, job in another area?? Who knows and who cares?

Two months does seem very soon to be reselling.
If you are interested in buying, ask them and see if they give a satisfactory answer or seem shifty in their response. You could also visit at different times of the day to see if the neighbours are noisy/crazy , check any planned future works etc.

Well if I could've I would've put this house on the market the day after moving in. I absolutely hated it, and it didn't improve for 2 years. I still don't like it, but DH does, and he is too unwell to face moving again. Sometimes places just aren't a good fit.

Was it actually sold in October, i.e sale completed and new owner received keys?

Or was it just SSTC, the sale fell through and so it’s been relisted in December?

Paranormal activity.

Looking at the past sales lists it happens all the time round here, many never even get listed online.

Could be money laundering, passing assests inside a family, auction houses bought on a whim, changes of circumstance, large 'we buy any house' type companies or all sorts really.

I know my childhood home in a beautiful little secluded village keeps bouncing back to auction with a £1k start price (along with the whole street). This attracts loads of wannabe BTL and developer interest who buy up several houses (at about £20k-£30k final price each) without seeing/reading the pack.

Then they find out the houses are non standard construction, unmorgagable, off gas grid and coal powered (so not modern standard) and have a council in forced 'no rentals' covenant on them so panic and bounce them right back into auction again. Rinse and Repeat.

I bought a house in 1999 and two weeks later I was made redundant. I didn't realise I could have sold the house immediately so I just struggled on paying the mortgage and having no cash for months.

It turned out to be a good thing as it meant I learned resilience and a strong work ethic.

We're selling after a short time (bit more than 2 months though!). The week we moved in my husband was diagnosed with terminal cancer and we're bringing forward lots of things we thought we would do in retirement. Also, I really want a fresh start from this property which has sad associations for me, nothing wrong with the house.

@outofideas2 very sorry to hear that. Did strike me after I posted that it's entirely possible something awful and life changing has happened.

It was definitely sold. It's a nice looking family home so not auction or anything like that and priced as normal for area.

Could someone have done a part ex with a developer? My neighbour did that. Sold to the developer who then sold on a couple of months later

Death, divorce, debt, distress

It's usually one of the 3 "D"s - death, debt, divorce

Cross post!

How do you know it was definitely sold though? As in, it 100% changed hands, new owners on the land registry?

Could be so many reasons. Relocation with job, large inheritance, lottery win, divorce, death. If you really want to know ring the estate agent and feign interest in the property and say you noticed it had only just recently been purchased. They might just tell you. ‘It was bought by a couple and one of them has just been offered a job in Dubai which was too good to turn down’. Obviously if they hate the property and decided to sell you’ll get some BS story so probably not worth doing either way.

Ha, similar to my new neighbours - they moved in and suddenly decided just a week later that a 3 bed mid terrace was "too small" for two adults who WOH (and left the highly anxious young dog barking all fucking day and night) and a part time child (less than 50/50). The child spent the next two months complaining about how small their bedroom was to the other neighbourhood kids when they were here. Some families are living with six people in the exact same houses in the street so it didn't go down well with anyone tbh. 😂

They part ex-d the house for a new build, so essentially sold it to a developer who are now trying to shift it. At least the developers have been in and cleaned it - the grots left it absolutely filthy, you could see the mould in the bathroom on the Rightmove photos. It's now had a scrub and new photos taken and looks much better.

I sold within 6 months because I had a health crisis and needed a bungalow. I was young and looked healthy but wasn’t.