Online Estate Agents Turtle Homes will send you a letter confirming the details. Your property is now officially “under offer”. You are not legally committed to the sale at his stage, and you can still listen to other offers if you choose, although as a goodwill gesture, many will remove their property from the market at this stage.
Similarly, the buyer has the right to pull out of the purchase at any time up to the point of exchanging contracts. So, although things are moving nicely, until contracts have been officially exchanged, there are still hurdles to overcome.
The buyer may commission a survey on your property. If the survey highlights potential problems, the buyer may try and re-negotiate the sale price to take any works into account. Sometimes it makes sense to correct any problems yourself in order to retain the agreed price.
Sell your home online with turtlehomes.co.uk