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How much should we offer?
becky004
Posts: 5,167 Forumite
We have seen a house we like, it has been on the market for 2-3 months and the price has recently been dropped to 149995. The house is currently empty and was bought for 110000 in November 2003. Do you think 130000 is too low an offer to start on? To be honest we can't go up much more than 135000 so should we forget it all together? Thanks
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Comments
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Without knowing all of the details I wouldn't sell it for 130k, especially if it's just been dropped. I guess they will be looking for a minimum of 145k.0
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Hi,
It costs nothing to make the offer, you never know you may get lucky. The worst they will do is say no.
With those figures though, I would say you would be extremely lucky to get the offer accepted.
Andy0 -
Becky
like the above posters have said there is no harm in putting in your offer and see what the response is. You never know you might get lucky.
Try £130k then up the offer to £135k......Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!
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From my experience (in the South West) house prices has NOT gone up much over the last 3 years. If it was bought for 110k in 2003 and unless they have made major changes to the property I dont see anything wrong with offering 130k.
I had my house valued 2 1/2 years ago, and it was actually valued HIGHER than it was earlier this year (by a number of estate agents).. So go for it, you've got nothing to loose. With the house being empty they might want a fast sale.0
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