Someone Wants to Buy My House (and it's not on the market!)

posted 3 years ago in Home
Post # 3
3249 posts
Sugar bee
  • Wedding: August 2013

@NewfieBullet:  Yes, absolutely, gather information.  There’s no reason not to find out more.  They know they’re going to have to put in a really good offer, since ou aren’t looking to sell.

Post # 4
1719 posts
Bumble bee
  • Wedding: August 2010

I’d see what they are offering!  If it’s enough, you might be able to get a house that doesn’t need any renovations in the same area or an area you like more!  Just remember that you’d need to get at least 20k or so more than you’d need for the new house.  Doesn’t hurt to see what they’d like to pay!

Post # 5
4540 posts
Honey bee
  • Wedding: May 2014 - Royalton White Sands

It can’t hurt to find out more!

Post # 6
3032 posts
Sugar bee
  • Wedding: June 2013

In 2007 someone legit walked up to my MIL’s house, knocked on the door and wanted to buy their house.  She took them on a home tour (it’s much nicer inside) and showed the couple the backyard which is out of a gardening magazine.  Their realtor called the next day and made an offer of $220 when the house was only worth $175, they even were going to pay cash for it and were totally legit about it.  FIL had sentimental feelings about their family house and after a week of debating turned it down.  6 years later the house is worth $125 and they still owe $65 on it.  MIL told me she regrets not pushing her husband a bit to sell it years earlier as they could have retired a few years early by doing so.

Lesson: Couldn’t hurt to ask!

Post # 7
11772 posts
Sugar Beekeeper
  • Wedding: May 2013

A family once knocked on my parent’s door and offered to buy the house in cash! They closed two months later, and we wound up living with my grandparents for six months while our new house was built!

But the offer was good enough that my parents BUILT in East Hampton, NY. Not a mansion or anything, but property values there is INSANE!

Post # 9
1801 posts
Buzzing bee
  • Wedding: May 2014

Definitely no down side to finding out more. It would be almost irresponsible not to. I mean, what if they offer way more than $15k over what it’s worth? It doesn’t sound like you love your house, so keep an open mind. 

Post # 10
904 posts
Busy bee
  • Wedding: March 2010

@NewfieBullet:  I would make a list of the improvements you’ve made so far, take some interior photos, and also list the work you’ve done preparing for the addition and expenses. Submit this to the realtor and let him know that you would possibly consider the right offer. Never hurts to find out more info! 🙂

Post # 11
6467 posts
Bee Keeper
  • Wedding: September 2011

@NewfieBullet:  Is it possible that you have oil underground and you guys don’t know? 🙂 I say look into it if you guys are flexible about moving. 

Post # 12
10454 posts
Sugar Beekeeper
  • Wedding: January 2011

It’s a bit of a marketing scam some realtors use here, but depending on your area it might be legit.  It never hurts to find out more info!

Post # 14
6 posts
  • Wedding: May 2012

@NewfieBullet:  I would give them as little information as possible and let them make the first offer. If they are interested then they might use the information you give them against you and offer less. I would just call the realtor and ask how serious the prospective buyers are. Remember that Realtor works for the buyers no matter how nice they may seem their goal is to get the best possible deal for them not you.

Good luck!

Post # 16
603 posts
Busy bee
  • Wedding: March 2013

@NewfieBullet:  I agree with maybe letting them know you may consider selling but only if the price is right because your in the midst of renos.

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