if my average price for a house was £112k.....could i sell it for £125k.....if someone was willing to pay the extra would there be any impediment to that?
2007-03-12 13:23:05 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Appraisal could be an issue. If the property is only worth 112k, thats all a lender will loan to a buyer interested in buying the property. If you find a buyer who can make up the difference with cash at closing, then you're fine.
2007-03-12 14:02:03 · answer #1 · answered by SndChaser 5 · 0⤊ 0⤋
that's just it - if they are willing to pay. They'll get it valued, they will be told it's worth 112K or less, and then prob make you an offer for that valuation. Unless of course they are paying cash and don;t have a valuation.
2007-03-12 20:29:52 · answer #2 · answered by Cliff E 5 · 1⤊ 0⤋
cant remember figure but stamp duty may be applicable on 125k
2007-03-12 20:30:05 · answer #3 · answered by qwerty 3 · 0⤊ 0⤋
Not sure what you're asking? but No I don't think so.
2007-03-12 20:27:14 · answer #4 · answered by Greybeard 7 · 0⤊ 0⤋