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Help please! Valuation lower than offer.
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You certainly shouldn't pay more than their valuation. Probably another 10% less again.0
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Has anyone ever had a valuation done and it came back MORE £ than their offer price ?0
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LOL, I wonder. Ill be interested what my sons valuation comes through as next week. he has had an offer 50% below last years price accepted on a second hand apartment in London.0
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dorsetjohn wrote: »Has anyone ever had a valuation done and it came back MORE £ than their offer price ?
I'd love to hear of one. Last time I bought, 15 years ago, the house needed work and was priced to reflect this, but we still had an offer slightly less than asking accepted. Survey came back with some essential works needed. Valuation came in at 4k less that the agreed price. Valuation after works complete just happened to coincide with the agreed price. I know for a fact that the house was worth far more when done.0 -
I bought a 4 bed end terraced for £128,00 in february this year, valuation was £145,000 at the time. Was a pleasant surprise but I guess it means nothing now.0
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Whether the Radon issue is of concern to the OP is one thing, but consider if it is going to be a problem in the future when the OP comes to the time to sell the house.
Never buy a house you can't sell.0 -
I'd also say the damp is a problem too. It may be worth getting a specialist in to have a look at that. If readings were higher than normal on the damp meter, I'd be concerned and would want this reflecting in the value.My suggestion and/or advice is my own and it is up to you if you follow it, please check the advice given before acting on it.0
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Well Sooler, it appears that radon is a "normal" feature in the area. Id not be happy about it but ........... Damp may be something simple but worth questioning the surveyor a bit more about where etc. Woodworm is nothing to worry about, particularly as its in the outbuildings, cheap to spray.0
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Whether the Radon issue is of concern to the OP is one thing, but consider if it is going to be a problem in the future when the OP comes to the time to sell the house.
Never buy a house you can't sell.
Yes, my thought was that there is a considerable financial risk here. At the moment, people are pretty laid-back about Radon, so there's no real reduction in price because of it. However, it only takes a bit of a health scare for these houses to become much harder to sell.
(Apologies to all those living in high Radon areas who will now tell me that it doesn't matter at all - thus proving at least half my assertion above.)No reliance should be placed on the above! Absolutely none, do you hear?0 -
Radon can apparently be dealt with by having a sealed hole near the house, with a fan maintaining a negative pressure in the hole. No link, i am just going from memory over something I read in New Scientist years ago.Yes, my thought was that there is a considerable financial risk here. At the moment, people are pretty laid-back about Radon, so there's no real reduction in price because of it. However, it only takes a bit of a health scare for these houses to become much harder to sell.
(Apologies to all those living in high Radon areas who will now tell me that it doesn't matter at all - thus proving at least half my assertion above.)After the uprising of the 17th June The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee Stating that the people
Had forfeited the confidence of the government And could win it back only
By redoubled efforts. Would it not be easier In that case for the government
To dissolve the people
And elect another?0
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