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Offered too much ?
Comments
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Warning: the following post is unhelpful to the OP - apologies in advance.
But to other readers of this thread, I can just say that when you are making one of the biggest purchases of your life, spend a bit of time thinking about it and researching it. Before offering to buy it.
If I were the vendor, I'd not want to sell to you as I'd suspect you might drop your price again.0 -
overnetworld wrote: »how so ? I feel properties on that st are worth 54 which is what my revised offer was (in hindsight should have started there), however due the general condition I was willing to offer slightly more, so my final was 55.
Admitted I am dithering on what to do next.
You should have offered 54 or 55, and stuck to it. You've left them totally not trusting you.No reliance should be placed on the above! Absolutely none, do you hear?0 -
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Well, they might have thought about it some more, and eventually they might have counter-offered or accepted your figure. If you offer 54k, then immediately up it to 55k you look very unsure of yourself, like it might go back to 50k they day after.No reliance should be placed on the above! Absolutely none, do you hear?0
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thanks for all your comments and advice, but there has been a development.
1) Before speaking to EA and pulling offer I spoke to EA of repo and booked viewing, also confirmed it was on the market.
2) The above saga takes place.
3) Today I rang the EA of repo to ask a few questions about why prev buyer pulled out and to try to move viewing earlier... got told they are had a few of these issues...but
The repo is still under offer and should complete within a few days, my viewing is not in the diary and she doesn't know who I spoke to. The repo is under offer at asking price 54,950.
No i'm stumped I am awaiting for a reply to come back on a offer of 52K I put down on a larger 3 bed repo (listed at 66), but if I decide I want this property after all how should I go about it.
I preferentially want it around the 56k mark, but the vendor might no budge more than 500 to 57k oe 56.5k.
Advice please what should I do (and more importantly what should I NOT do) ???0 -
You should still be able to view that repo. Until it exchanges/completes, it's anyone's...
So there's another repo too you're offering on? I'm getting a tad confused! Nothing you can do, or we can do, to make them accept your offer. Just leave it on the table and hope nobody offers more. Obviously, it'll still be for sale until you exchange/complete on it if you do go for that one, so someone might well better your max offer of £57k.
Is it a home you're looking for, or an investment? You seem to be buying with an investment head on. Just seems a tad odd the way you're going about choosing/offering on things.
Jx2024 wins: *must start comping again!*0 -
Im buying for investment.
My current question is if my offer on the othe repo is turned down - how do I go about re-establishing the original sale.0 -
overnetworld wrote: »Im buying for investment.
My current question is if my offer on the othe repo is turned down - how do I go about re-establishing the original sale.
That's a bit like asking: "I've just jumped off the high board at the swimming pool, how do I avoid getting wet?" No easy answers to that one, either.No reliance should be placed on the above! Absolutely none, do you hear?0 -
overnetworld wrote: »Im buying for investment.
My current question is if my offer on the othe repo is turned down - how do I go about re-establishing the original sale.
Do you mean the original purchase that you gazundered on? I'm a tad confused again. Maybe I'm just having a blonde day...
Jx2024 wins: *must start comping again!*0 -
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