Hello folks,
I am thinking of selling my home and moving elsewhere and buying another house. We have a house in mind but it is overpriced. I know there have been many viewings on the house we are interested in but no bids, so i think my assumption that it is overpriced is correct. the asking price is 295k but i think its worth 245k.
My questionis, if i put my house on the market at a low price, and if i get a bid of the asking price, am I legally obliged to sell?
My reason for asking is that I am worried that if I sell my home at asking price, and the owner of the house that we are looking at does not budge on his price I might be left high and dry.
Thanks in advance
I am thinking of selling my home and moving elsewhere and buying another house. We have a house in mind but it is overpriced. I know there have been many viewings on the house we are interested in but no bids, so i think my assumption that it is overpriced is correct. the asking price is 295k but i think its worth 245k.
My questionis, if i put my house on the market at a low price, and if i get a bid of the asking price, am I legally obliged to sell?
My reason for asking is that I am worried that if I sell my home at asking price, and the owner of the house that we are looking at does not budge on his price I might be left high and dry.
Thanks in advance