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Making an Offer

2

Comments

  • Jay1b
    Jay1b Posts: 316 Forumite
    Well i've decided to make an offer on the one priced at £130K, i'm going to offer £125K. I think the house is worth it.
    A bargain is only a bargain if you would have brought it anyway!
  • mr218
    mr218 Posts: 247 Forumite
    Part of the Furniture Combo Breaker
    i think it is a sensible choice. do what you feel comfortable with. the second house has attributes which the first house cannot give you. you can always add a kitchen and decorate a lounge to suit your tastes and seeing how it has been done in the first house will help you to visualise how it will look in the second house as well. also now you can work at your pace and as how your budget will allow it without laying out the cash upfront.

    whatever you do, make sure that you keep an open mind and be prepared to walk away from both houses if they price is not right.
  • suki1964
    suki1964 Posts: 14,313 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Best choice imo. An extra room is always worth more then a flash kitchen and will cost a lot more to add later on.
  • deefadog
    deefadog Posts: 2,192 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Well i've decided to make an offer on the one priced at £130K, i'm going to offer £125K. I think the house is worth it.

    It's always a haggle situation, they have over prioced there house, as they expected to be knocked down, so you gin at 5k less, they will probabblly come back at 127.5k - meeting half way!

    So start low, they could be desperate to sell and may except 120k!!! There is no harm in going low, they can only say no and i doubt they would be offened as your just playing the game!
  • Jay1b
    Jay1b Posts: 316 Forumite
    Grr..... they still havent got back to me. Isnt 4 hours long enough for people to decide whether they want to drop £2.5K more then they were hoping? I mean they've probably made £100K on the house...
    A bargain is only a bargain if you would have brought it anyway!
  • xela_17
    xela_17 Posts: 421 Forumite
    Why don't you check to see how much they have made by looking on https://www.houseprices.co.uk (Unless they have been there over 6 years).
    What did I do at work before I discovered MSE?!

    DFD - WAS: a while ago

    NOW - not sure, due to boyfriend going back to uni for masters and now pgce. Worth it in the long run!
    Proud to be dealing with my debts!
  • Jay1b
    Jay1b Posts: 316 Forumite
    They have been there 18 years....
    A bargain is only a bargain if you would have brought it anyway!
  • xela_17
    xela_17 Posts: 421 Forumite
    Ah, you're probably right then. :)
    What did I do at work before I discovered MSE?!

    DFD - WAS: a while ago

    NOW - not sure, due to boyfriend going back to uni for masters and now pgce. Worth it in the long run!
    Proud to be dealing with my debts!
  • deefadog
    deefadog Posts: 2,192 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    No news is good news!!!!

    wxela_17 - what's all this £2 coin thing i see in people signatures?
  • Jay1b
    Jay1b Posts: 316 Forumite
    They've accepted £125K as i'm in a situation where i can go ahead straight away instead of a £127.5K who may be a while. But the estate agents has asked (begged) if i can go any higher as they are now £2.5K short on the house they have spotted.

    It this likely or just a ploy? I dont want to seem mean and not move slightly but the thing is as a FTB i've pushed myself to get the £125K and have borrowed money from parents and will need to get a part-time job to make ends meet. I really cant afford anymore, I suppose i might be able to scrap £500 together from upcoming pay packets, but saying 'yeah i can go £500 more' would just seem insulting almost....
    A bargain is only a bargain if you would have brought it anyway!
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