Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Is it true that if i have a house i cannot sell it to a family member way below its value?

Additional Details
there is still a mortgage on the house. i was told by a realtor that i could not do it....


 Landlord has sold house with me as a sitting tenant where do i stand?
( UK Scotland ) landlord has sold house and new owners want in within 2 weeks can he put me out onto the streets also i havent had notice to quit in writing, just told me verbally to move out is ...


 Whose responsibility is it to have a fire extinguisher?
i was just curious. i rent and we do not have one. i did not know if it ws the land lords to provise one and the tenants to make sure it woks or what. thanks!...


 Would you rather live in a small apartment in the city, or a big house in the country?
...


 Can a Landlord tell a tenant that they can not put up an above ground pool even if it has a locking fence?
My landlord threatens to evict people if they put up a fenced in pool for their family. I want to put up a 24'x4' pool and have a fence for it with a locking gate. There is no written lease ...


 If want to buy a house (my husband's credit is horrible) could I buy the house with my credit only?
...


 Why is everyone obssessed with home ownership given that since we are all mortal we are all really just?
caretakers of the dwelling anyway!?

This especially irks me because the winners are the banks and bld soc's who make ££££'s in interest and the fact demand outstrips supply ...


 Whilst renting from a private landlord should I have access to all cupboards?
There's a walk in cupboard in my bedroom that is locked. I asked the landlord for a key but she refused as she said it is used for storage of her stuff. If I'm paying rent for the house ...


 Where do you look first when buying/selling a house?
There are so many options when looking to buying/selling a house these days... I would love to hear from everyone as to where they begin their home buying/selling journey. Do you already have an ...


 Can landlord enter my house if I don't want him to?
He wants to sell the house and my lease isn't up until Oct. 10, 2006....


 If i gave you £1,000 to spend tomorrow, what would you buy?
...


 How is the best way to reduce years in your mortgage without a lot of money? I don't want to pay for 30 yrs.
...


 My landlord wants to sell my house but I am happy here?
and I'm not in a position to apply for a mortgage at present. But my question is:

What sneaky tips and tricks can I deploy to put potential buyers off? It has to be something that I ...


 Does this sound like an ok deal to you, or are we being robbed?
I asked a similar question to this earlier, but this is a little more detailed. Our house comps for 115. We listed it at 94, so hopefully it would sell pretty fast. Any way, a couple of weeks ago we ...


 Do you think my landlord would mind if.......?
i put another lock on ther door?

there is already a lock (the one with those really old looking long metal keys)

i would just feel safer with another lock on there-not one which ...


 If I dont pay my landlords rent, what will happen?
I have been having problems with my landlord for the past few months regarding the toilet flush that doesn't work properly and the shower that keeps going off after five minutes of use. She says ...


 Came home to find estate agent showing new tenants around my apartment??
I went out this lunchtime and came home to find the estate agent showing new tenants around the apartment i am renting, i check my mail box every day and have had no notice of this, are they allowed ...


 Is it rude to ask what exactly the commision rate is on the interview?
I'm going to be interviewed tomorrow by a Real estate broker, and i've been thinking about which questions to ask him. Do you think it would be rude for me to ask what the inital commission ...


 I saw a house selling for a $1.00, is that correct?
$2,000.00 on an amazing townhouse was listed, is that correct, or is it a scam?>...


 In renting terms what does pcm stand for e.g. £200 pcm?
...



Lisa
We have a couple interested in our house. They are looking at another house today before they place an offer.
Is there anything we can do to make them hurry up and place an offer on our house?Anything we can say to make them more interested in making an offer on our house instead of the other? Plz Help.
                     
 




Jesi
Rating
Don't make them believe you are desperate, you certainly sound so... but don't let them know that. It will certainly affect the amount they offer, or they will look for other concessions.

It is becoming a buyers market... again. But there is no sense losing anything on the deal.


billyandgaby
cash back


Do I know you? ya right LoL
Rating
we sold our house back in april we listed it a little lower than the other homes in the area......i think if you jusr be yourself and your house was well put together so they could see themselves in it then your fine......also giving them money towards closing cost might help......


FozzieBear
Rating
Unfortunately, there's not much you can do. It's up to them. If you seem pushy, they will either become suspicious (is there something wrong with the house?) or know that you are desperate and will probably make a lower offer than they are prepared to make now.

However, you should remember that they may be playing a game to see if they can get you to make/take a lower offer. They just might be as anxious to buy the house as you are to sell it.

Be patient and see what happens. It's your best chance.


Pink Denial
If you call them and suddenly lower your price, they'll lower it even more when they make an offer. If this is okay with you, then lower your price. Or better yet, let them know that certain bonuses are added in: you'll pick up some of their points, or leave all the appliances, or pay for the inspection, etc.


basketcase88
Nope, back off is really the only thing you can do at this point. If you push, they may run away just to get away from you, thinking there must be some reason you're "desperate" to sell your home, and they don't want to find out what it is. Just relax, and try not to think about it too much. If you can, go to a movie or something, that's what we did when we got to this point. When we got home from the movie, the answering machine was blinking and we had our offer. It's kinda like watching a pot of water start to boil, if you just sit there and watch it, it seems like it will never boil. Good luck!


Dialup, Avatar, Jones!
Rating
It's possible they're just trying to make you nervous. Likewise, you could say that you have somebody else about to make an offer on your house, just to make them nervous. But that would be dishonest.

Don't trust your real estate agent. All he cares about is selling your house as soon as possible, not getting you the best price.


misslabeled
You can offer some perks, like you'll paint the interior their choice of color, or replace the carpet. You should watch the show Sell This House! on A&E to learn about the things you should do to make your house sell faster and for more money.


curiously strong
Rating
no don't pressure them or they will think something is wrong with yours. be patient and let them make their decision without pressure.


MUSTAFA_aleem
Rating
offer them a insentive like washer dryer or a lawn service for the house for 6 months or so thats what i would do make them feel eager ( that you want to sell it to them) also play hardball( let them know if they don't buy it they will miss out on a steal)


rhsaunders
Rating
No. Just be patient. If they decide they want the other house, some other customer will eventually appear and buy yours as long as it is priced right. For houses in much of the US, www.zillow.com and several other Internet services can be useful to you in establishing a price.


jfahd
Rating
Offer to sleep with the wife.


loving father
Rating
You can always offer a cash bonus if an accepted offer comes through today. Talk with your realtor, who will talk to the buyers agent, who will inform the buyer.


sunshine_today
Rating
You could offer seller financing if you are in a position to do so. It gives you regular return plus interest, and it might help them qualify for more house than through a traditional lender. Don't be too eager, though, I agree with the others--being too eager will lower your offer.


KIKI
Rating
You really don't want to attempt to pressure them it may appear that you are anxious and they may lower their offer. You just need to sit back and relax if they want the house they will make you an offer.


BigD
No

anything you do will make you seem desperate and lower their initial bid


DarkHelmet
Rating
You do n ot want to put too much pressure on them, it will make them uncomfortable


gordon_wolters
Price is always the motivating factor. Make sure your property is priced comparably. That and make sure you have a good agent, like me.


Barkley Hound
Tell them that you have just received another offer. This is a gamble since you may end up with them saying fine sell it to the other people.


Jonathan S
If you have contact information, I would call them up and simply give them a polite thank you for walking through the house. You might end on the note that they seemed like nice people and you think they would fit in well with the neighborhood. Sometimes a quick, polite follow-up says everything you need to without actually verbalizing it.


Openthathouse.com
Tell them you will pay all recurring and nonrecurring closing costs.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy