why would a house be for "cash buyers only"?

Maybe the vendor doesn't want to get involved in a chain.

Also - a cash buyer isn't necessarily someone without a mortgage

erm eh? not sure i get that. how can a cash buyer have a mortgage?

what worries me is this house is listed as bing for sale since april...yet im fairly sure the same house was listed all last year with the same "cash buyers only" thing. either that or it was a very similar looking house on the same road. summat seems fishy.

If you've no house to sell and you're mortgage is all sorted. Some people would call that a cash buyer

It may be a house with a structural problem and no lender will grant a mortgage on it until the problem is fixed.

Is it on the edge of a cliff?

Is it made of cardboard?

theres another on the same road says cash buyers only too. cant be a coinkydink.

Japanese knotweed in the street?

none standard construction? -

different areas have .. i e Airey houses, were they called? [steel rods rusting in the middle of the concrete outer - other is Clunch not brick -

unmortageable ...

"If you've no house to sell and you're mortgage is all sorted. Some people would call that a cash buyer"

thats it in a nutshell....maybe seller been messed around with previous potential buyers

The simple solution is for the buyer to get their own survey

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Loads of reasons properties can be unmortgageable, or virtually unmortgageable...

Short lease
Flat above a shop
Too small in square metres.

Many older council houses are of Non standard construction , built using concrete blocks & steel rods etc

That's usually the main reason if the whole st is the same , don't let it put you off though they're probably better than new builds , just haggle Hard if you do

bear in mind if you wanna sell it , it will be 'Cash buyers only' !!

If it's a newer house , be generally more worried about it , but estate agents have to tell you , just phone them

ive given up on th idea. what about this one? do you think id be able to demolish the garage and extend the house nearly double? or even build another house next to it?? or would the council tell me to get stuffed?

http://www.rightmove.co.uk/property-for-sale/property-43691161.html

It's just an average house to me , obv an old persons , the wet room puts me off it tbh , wouldn't be without my bath

You never know they might do , but it's really a lot of hassle , just buy a nicer place for yourself , imo

I wouldn't class someone with their mortgage "sorted" as a cash buyer. The lender would still want to look into the particular property involved before lending the money so the mortgage would only be only "sorted subject to approval depending on the property" rather than just "sorted". I personally wouldn't class that as a cash buyer.

yeah its nowt special, but what attracts me is the big space next to it. pretty rare for such a cheap house to have that kind of room for expansion. no idea what id get permission to do though. thing is i havent got the money to buy anything good. so im looking for cheap houses i could maybe do something with in the future. it isnt a very good area though, which is a downer. expanding wouldnt put the value on that it cost probably.

as a cash buyer they want to see bank statements as soon as you're offer is accepted

and if it's Cash buyers only it's because most mortgage lenders won't lend on it , so yes it means CASH BUYERS ONLY

Bob if you haven't got the money , what is the point , you're like i was , thinking too far ahead ..
Take my advice & just take time to find the best property you can for Yourself !

all this investment talk is rubbish !!!!!!!!


you need nice place to live ... Simples

I'd never pay 69,950 for that house , rather move to spain !!

i want room for a games room. pool table and that. really struggling.

i spose i could have the games room in the living room and the living room upstairs. bit unorthodox but wouldnt bother me really. finding a house that has a living room plus a dining room big enough for a poool table is proving very difficult on budget prices.

anything else .. swimming pool maybe

sry mate .. only trying to help you


keep looking & learning it's all good

well a tennis court would be nice!

wtf is going on in picture 2 here???????????
http://www.rightmove.co.uk/property-for-sale/property-34628842.html

could have an indoor court in there .. just mind the chandeliers

it hurts my eyes

Couldn't get back to sleep so been up ages.

Wish I hadn't looked at that picture 2 as I now feel quite sick.

It's got all the hallmarks of "settled gypsies"!

That's what you get for employing Laurence Llewelyn-Bowen.

You could probably build a small extension behind the garage then extend the first floor over the top of both thereby incorporating the garage into the main structure and gaining 2 rooms.

The first house that is

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I think it's normal policy for a mortgage to be refused if the property has a flat roof.

cracks in the wall too can raise suspicions

i'm about to buy a house and intend getting in a structural engineer ( nae taking any chances ) noticed a lintel crack and some step cracking about the place -so i'm wary .

Hopefully will be a lovely place once all is ironed out -picked up a couple of  nice doors for £50 at a boot sale Sunday 

In case it wasn't obvious my pics are of LLBs house!

i was gonna start a fred about crazy decor but couldnt be arsed.

looking at properties its stunning just how crap some of the decor is. not just in crappy old houses, but in supposedly newly renovated properties.

May 13, 2014 -- 10:56AM, Aunty Post wrote:

In case it wasn't obvious my pics are of LLBs house!

are you joking?? whoevers house it is, its fecking hideous