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Buying from a Finance Company

  • 17-07-2017 10:27am
    #1
    MiddleOne
    Registered Users Posts: 38 ✭


    Hi

    I have found a house that I really like within my price range, however, the estate agent has told me that the seller is a finance company and they have yet to accept the last offer (15k under the asking price) made 6 months ago. While they were apparently happy with the offer they haven't actually accepted it.

    I want to make an offer but I don't want to wait 6 months. Has anyone any experience of buying a house where the seller was a finance company? Is the slow response to offers normal?

    BTW, estate agent also told me it is part of a portfolio of houses bought to be done up and sold on when the recession hit.


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