Tuesday, 21 September 2010

Idiots Guide To Buying A House

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Buying and selling in England. how do we go about this?

we have seen a property we REEEEAAAALLLLLYYY want.

we are getting ours valued this week by the same company.

when do we offer?
how do we pay estate agents fees?
how do we put depoit down if its still tied up in house?
we hoping to get 120 for our house, and buy house for 188, we have only 19 on our current mortgage, so obv we would be wanting to put down 50% deposit and get the rest as mortgage? how does this work timing wise,
as soon as house on market??

baically we own this house but have never moved before. please help. idiots guide.

process, fee's, mortgages, surveying and anything else we havent considered. thankyou


you can offer any time you like, it will be subject to your own house selling 2) you dont have to pay estate agent fees for a house you are buying only if they are selling your house which are paid when it is sold, 3) solicitor will sort out the deposit, which is usually paid on signing of contracts, which will tie in with the signing of contracts on the one your are selling. just make your offer and hope your house sells before they get bored waiting, once you have made an offer, get to a solicitor, who will sort out all the legal things, like deposit, exchange of contracts and completion


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