When did we have an offer accepted on a house?
We had an offer accepted on a house a week ago and are in that annoying stage when everything has gone a bit quiet. It feels like nothing is happening but I know it is.
How long does it take to sell a house to first time buyers?
We sold our house to first time buyers and it took 12 weeks. we had already moved and the house was empty so they could have moved 3 weeks earlier but their solicitors were really slow. We bought our house as cash buyers with no chain and it still look 9 weeks, although we could have moved in 8 but the moving date wasn’t convenient.
How long does it take for cash buyers to move in?
We bought our house as cash buyers with no chain and it still look 9 weeks, although we could have moved in 8 but the moving date wasn’t convenient. I think 3 months is average, 8 weeks quick. Once you’ve exchanged you can push for that date but it really depends on if anything crops up and if your buyers can get a mortgage etc.
How long between having an offer accepted and moving date?
This modal can be closed by pressing the Escape key or activating the close button. This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. 8 weeks is the fastest I’ve managed with a short chain. You need to be on the backs of the estate agents, solicitors and bank too.
Can a seller back out of a deal?
A home seller who turns a 180 could also be treading murky ethical waters, backing out of an accepted offer because a better one came along. Still, just because home sellers want to back out of a deal doesn’t mean they can unless they do so carefully. So when are they free and clear?
What happens if seller doesn’t move out on time?
There may be penalties included in the contract that the seller will have to pay for not moving out on time. If the seller doesn’t move out at the agreed-upon time, you can take legal action against them. Hopefully it doesn’t come to this — it’s best to negotiate the situation in advance.
Can you sell a house within 6 months of buying it?
Can you sell a house within 6 months of buying it? You could turn around and sell your home the day after you buy it — nobody is making you stay. But selling your home soon after buying can mean losing money, missing opportunities, facing capital gains taxes or paying mortgage prepayment penalties.
What happens after your home purchase offer is accepted?
Having your offer accepted feels great—but for most home buyers, it’s just the beginning. There is still a lot more to be done before you’re over the front threshold. Here’s a rundown of what comes next. 1. Apply for a loan