Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    happinessfactory
    best and final offers - tactical tips please???
    • #1
    • 4th Oct 07, 7:25 PM
    best and final offers - tactical tips please??? 4th Oct 07 at 7:25 PM
    Hello,

    You may have read my earlier thread bemoaning the state of the West London zone 2 housing market.

    Anyway, earlier this week we bid on a house that is currently in very poor condition but on a very desirable road. It is currently divided up into two flats and needs an enormous amount of work, but because of its location has attracted HUGE interest.

    We supposedly had a sealed bids situation on Monday but it later transpired the vendor had no intention of making his mind up until tomorrow. The house is being sold following a court order, and tomorrow is apparently the meeting with his co-owner's solicitor.

    The house is being marketed through four agencies so over the last few days we've tried to get the agent through whom we viewed on side, in the hope he would find out how much it would take to close the deal down; but either the vendor is a complete shark or the agent a total muppet because we are no closer to striking a deal.

    Tomorrow 9am is a 'best and final bids' situation. We really want and need this house but can't afford to overpay on it because of the enormous amount of work it needs to be habitable. (We'd also be paying rent to live elsewhere whilst the building work is being carried out).

    What should we do? We sold our flat back in April so are chain-free cash buyers, and we're prepared to make a strong offer, but I'm rapidly learning this means nothing in the West London market...asking price plus, or nothing.

    Help, please. Before I go mad...

    Thank you!
Page 1
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

6,215Posts Today

7,168Users online

Martin's Twitter
  • Apologies for the vulgarity but did the #Wimbledon bbc2 commentator just say "he doesn't beat himself off?"

  • Eeek did we forget to pay the meter? No power in MSE Towers - no phones - (appartently power down in whole central london)

  • Warning! Did you start Uni in or after 2012? If so govt mooting making your loans more costly. See http://t.co/oF99EWBpIZ RT to spread word

  • Follow Martin