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The mkiv Supra Owners Club

Any experiences in buying/selling property from friends or family


Wez

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Almost, was a nightmare from day1, brother in law was interested in buying my house last year and wanted to live there rent free untill he had sold/rented his house, you can imagine what i told him, obviously depends what the person is like but tbh anything with family they always take the pee.

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Purchased a house years back off a friends family, his mum had been left it and we agreed to meet up and discuss details, price etc.

Obviously we didn't go through an estate agent but they still wanted well over the market value despite the saving they would make in estate agent fees, we walked away and said it was overpriced.

Well, several weeks later my mate phoned and said to expect a call from his parents as they had realised/he had convinced them that we were making a fair and reasonable offer for the place, got the call and bought the place.

Not without it's problems as his parents wanted to take all the old tatty light fittings and keep them and leave us with wires hanging out of the ceiling, my mate told them they would need to at least replace with cheapo pendant lights and they then left it how it was. I think his mum dug up any half decent plants in the garden though and had them for herself :D

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I sold my flat to my now late step-father. He did indeed move in with myself and my ex wife and lived rent free until the purchase of our house finalised which in the end took 5 months. Despite me being offered over £10k more for it than he paid he insisted I had ripped him off. In fact relations got so bad because of it that we ended up not speaking for the last year of his life and found out from the police that he had died in the flat. He left no will so the brother that hated him his whole life and ostracised him from the family took the flat, its contents, and his very bulging bank account.

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