Hi,
It never rains but it pours. Having had a house on the market for months, and empty for weeks, we decided to tenant it whilst we wait to see if a buyer turns up. (have had 3 lowball offers in 5 months so not exactly waiting by the phone)
Finally found a suitable tenant who has paid a bond and wants to move in on Friday - all good.
But NOW just today we have a buyer keen to make an offer.
Key points:
1. Tenant knows house is on the market and tenancy is std open term.
2. Buyer also knows we are looking to put tenants in, but not that the paperwork has actually gone through (only happened today)
What would you guys do in this situation?
I'm tempted to wait til we actually GET an offer - at which stage we simply write on the S&P that the settlment date needs to be 6 weeks from date of agreement, OR earlier if tenant vacates sooner.
Keen to hear opinions of more experienced seasoned property people!
It never rains but it pours. Having had a house on the market for months, and empty for weeks, we decided to tenant it whilst we wait to see if a buyer turns up. (have had 3 lowball offers in 5 months so not exactly waiting by the phone)
Finally found a suitable tenant who has paid a bond and wants to move in on Friday - all good.
But NOW just today we have a buyer keen to make an offer.
Key points:
1. Tenant knows house is on the market and tenancy is std open term.
2. Buyer also knows we are looking to put tenants in, but not that the paperwork has actually gone through (only happened today)
What would you guys do in this situation?
I'm tempted to wait til we actually GET an offer - at which stage we simply write on the S&P that the settlment date needs to be 6 weeks from date of agreement, OR earlier if tenant vacates sooner.
Keen to hear opinions of more experienced seasoned property people!
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