Property Solutions to Sell Your House Fast For Market Value
You should only buy a house with a north facing garden if you love the house and you’re happy that the back of the house will be in shade and cool. The sun doesn’t rise directly to the east and set exactly to the west and in the summer it will get high enough to clear the roof of your house.
OIEO Meaning: OIEO is an abbreviation of the term Offers In Excess Of. Which actually means the vendors would like to receive offers in excess of the listed price.
It’s usually the buyer who organises a survey when buying a house in England and Wales, but in Scotland it’s the seller who organises it. However, if you are borrowing on a mortgage your lender will insist on a valuation survey that will check the property is structurally sound and free from damp.
When a house chain breaks, where ever the failed purchase lies within the chain, this will affect all the buyers and sellers across the whole house chain. This includes the final seller at the top of the chain and first buyer at the bottom of the chain.
If your buyer pulled out on exchange day in England or Wales there’s not much you can do about it. Buyers are not legally obliged to purchase until contracts have been exchanged. If you’re in a chain and you don’t want to lose your onward house purchase, you need to consider selling to an investor.
If you’re nervous about a house survey because you know there’s something wrong with your house you should fix the problem first. But if there’s nothing wrong with your house there’s no need to be nervous, but for piece of mind consider paying for a building survey yourself and fix any issues found.
