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  • FIRST POST
    • ceb1995
    • By ceb1995 2nd Dec 17, 5:25 PM
    • 155Posts
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    ceb1995
    How low would be reasonable to offer?
    • #1
    • 2nd Dec 17, 5:25 PM
    How low would be reasonable to offer? 2nd Dec 17 at 5:25 PM
    We're first time buyers and viewed two houses on the same street today, both on the market at the same price of £159,950 which is at the utter top end of our budget. One property has a conservatory, garden in brilliant condition and big driveway and the agents felt it was a very reasonable price so we know we couldn't offer that much lower.
    So considering the other property, with no conservatory, a small garage and the kitchen and bathroom needing modernising we're wondering whether offering 10k lower ( which we'd be more comfortable at) would be reasonable?
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Page 2
    • ceb1995
    • By ceb1995 3rd Dec 17, 11:17 AM
    • 155 Posts
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    ceb1995
    Only pay what you can afford. Both look in reasonable live-in condition.

    Do not be fooled by asking prices, pay what you can afford and don't go above what you think it's worth.

    I missed out on a property even though I put in an offer more than I thought it was worth.

    Bigger fools and all that.
    Originally posted by FTBuyerGlasgow
    They are both certainly in liveable condition, thinking long term we could do more to the second house to make it work for us.
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    • Ms Chocaholic
    • By Ms Chocaholic 3rd Dec 17, 11:20 AM
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    Ms Chocaholic
    I much prefer the bathroom in the 2nd one, not sure why you think the bathroom in the first property doesn't need updating but the bathroom in the 2nd does.

    I'd buy the 2nd!
    Thrifty Till 50 Then Spend Till The End

    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
    • ceb1995
    • By ceb1995 3rd Dec 17, 11:20 AM
    • 155 Posts
    • 137 Thanks
    ceb1995
    I prefer the second one. Kitchen is older but because its a kitchen diner you can do a lot more with it. It seems slightly bigger and lighter (colour scheme will effect that).., and not so much urgent decorating required.., garden is a lot better. Would need to replace bathroom but you could live with that. If you can get it at a lower price, that would just be an added bonus.

    Didn't really like the first one at all. Dark and squashed in, tiny kitchen with newer but still outdated kitchen. Redecorating a must!
    Originally posted by deannatrois
    It is certainly lighter and a much bigger garden space. I could live with the bathroom for a while, it's the kitchen we might want to rejig to use the space better.
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    • ceb1995
    • By ceb1995 3rd Dec 17, 11:36 AM
    • 155 Posts
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    ceb1995
    Cheers, second one looks better to me, but IMO if there is a rate hike/recession/bad Brexit (good name for a film that) they will lose value, you would need to be prepared for that. Appreciating that you probably want to buy and don`t want to annoy the seller too much I would offer 150k on the second one.
    Originally posted by Crashy Time
    Fully prepared that it could happen, I know we re fortunate to be able to buy in our 20s so could be in a much worse situation.
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    • Lizabeth21
    • By Lizabeth21 3rd Dec 17, 12:59 PM
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    Lizabeth21
    I’d go for a garage over a conservatory!
    • ceb1995
    • By ceb1995 4th Dec 17, 8:03 PM
    • 155 Posts
    • 137 Thanks
    ceb1995
    So after some thought we put in a offer for 145k today at lunchtime and it got rejected, the only feedback was that it's got to be 15 in it. DH is taking this to be that if we offer 150k that they'll then want to bump it up above that, he's not keen that we got no reasoning as to why it was rejected whereas I dont think they have to give you any. Any thoughts?
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    • anto164
    • By anto164 4th Dec 17, 9:19 PM
    • 135 Posts
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    anto164
    It has a 15 in it, apart from there is a 4 in the middle?

    I'd personally go 148 and see how it goes. Ir offer 115 lol
    • glasgowdan
    • By glasgowdan 4th Dec 17, 10:38 PM
    • 2,630 Posts
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    glasgowdan
    What reason do you think they'd give for wanting more? It's money and they want more!
    • ceb1995
    • By ceb1995 6th Dec 17, 7:42 PM
    • 155 Posts
    • 137 Thanks
    ceb1995
    It has a 15 in it, apart from there is a 4 in the middle?

    I'd personally go 148 and see how it goes. Ir offer 115 lol
    Originally posted by anto164
    got an offer accepted for 149,950
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    • Crashy Time
    • By Crashy Time 6th Dec 17, 10:15 PM
    • 5,264 Posts
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    Crashy Time
    10k off, well done....
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