Help on trying to buy repossesed house?
Me & my partner have feel in love with a repo house but it's going through with someone else (not yet exchanged contracts though). We have put in a higher bid of 10k, but estate agent won't pass this on to company saying we need to sell our's first. I know the sale needs to go through within 28day's but may be possible with a quick buyer for ours or to possibly rent ours out. We can sort the mortgage no problem. Surely the agent should show the company this higher offer before the lower offer is accepted? Then let them make the decision for the extra 10k? Can we do anything to help with this as we really want the house! Help please………
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