on the market now & priced at over top selling price of last year

pawpurrs

I dont understand? How can you not mention a figure? You need to discuss figures in order to get an offer accepted, there is no point having a survey if the price you are willing to pay and the vendors price that they are willing to accept are different?

Greenwellies_2

jenner wrote: »

have you looked at home.co.uk

I hadn't I've just tried to look at it, and I'm a bit confused by the site, I can't seem to find where I'm supposed to be looking.

Is it not the same sort of thing as ourpropertyprices / zoopla / etc where it tells you what the homes sell for, and converts that using a formula to what it thinks the prices would be now?

The track that this house is on, has a farm on it, 2 lovely bungalows, about 12 terraced properties, 4 terraced cottages and a couple of semi's so there is a varied difference in what homes would sell for in the 'road'
Hence why I was very interested in the house next door which on the face of it, is identical, so hopefully a very good guide.

Thanks

GW

Greenwellies_2

pawpurrs wrote: »

I dont understand? How can you not mention a figure? You need to discuss figures in order to get an offer accepted, there is no point having a survey if the price you are willing to pay and the vendors price that they are willing to accept are different?

The solictor said not to mention a figure as it will get messy if I ask for a reduction, based on the mortgage survey.
Oh now I'm scared again!

I struggle to talk when it's my money, if it's someone elses' then that's fine, if someone owes you money, I'll approach them to sort it, but if I do a job for someone, I can't ask for payment. (One day I will learn)

GW

pawpurrs

Dont be scared
But surely you need to have agreed a price before survey?

puddy

i didnt know you could have a survey done without having an offer accepted first?

also unless theres something glaringly wrong with the property i would think the surveyor will just agree the price that its asking, whereas if you have already agreed a selling price, lets say 205k in this case, the surveyor would just agree that price instead (i know thats not always the case..)

home.co.uk also breaks down the post code into semi, detached, terraced and flats, so sometime syou will see that the same post code has variations within it for different types of property.

when you first go in, theres a menu on the left hand side, for selling or sold prices, go into that and put your post code in for the property (first bit of it)

Greenwellies_2

I'm not a weak person, but boy do I struggle with this!

I need to know what I need to be saying, word for word really.
Should I say I'm offering 190 for '1 nice cottage', subject to the mortgage valuation.
Or should it be a higher figure? I don't want to lead them up the path, to let them down when the mortgage offer comes in at say 20k less?

Or should I be saying something completely different.

Heyyylllp
Oh I wish I had a PA to do this for me!



GW

puddy

well i wouldnt term it 'subject to valuations' i would term it subject to survey, for the reasons i said above. the survey will undoubtedly highlight a plethora of stuff that needs to be done or changed, some probably quite minor, but you use that to say,,, ooooh, thats bad, i didnt realise i would have to replace all those broken lightbulbs,, etc etc and negotiate down. i think you're leaving yoruself open to the vendor saying, 'there it is, in black and white, my house is worth 220k, take it or leave it'

pawpurrs

Just ring them up and say...Hi I would like to place an offer on xxxxxxxx, my offer is XXXXXX, I have a mortgage agreed in principle, soliceter sorted and am ready to go, I am SSTC with xxxxxxx EA, the price I would like put forward is xxxxxxxxxx.
And then see if they accept it or not, and then if you go from there, if they dont then if you want to you can increase your offer.

puddy

all offers are subject to survey anyway, thats the point, you get the survey back and might want more money off, or for them to fix something or provide some guarentte for something

how many times did you view it? did you have a good poke around at the windows, ceilings, did you look at the guttering and roof with binoculars? is everything in almost show home condition? if not, then i cant imagine that the price is correct (unless like i say the area has increaseed since last april)

when did they last have wiring checked, how old is the boiler/kitchen, do all the windows work correctly, have they made structural changes etc, has the work been authorised properly

just because it looks the same as next door you dont know how any work has been done or what condition its in

Greenwellies_2

Having previously purchased a 'shell' and had to do wiring, plumbing, kitchen, bathroom, windows, doors, plastering, floorboards..... I'm quite wise to what's good and what's not in a house. Also my Father was a building surveyor for the council, so he's on hand to give an overview as to whether I need a homebuyers survey or a full building survey. TBH, this house I'll be going for a full building survey for piece of mind.

The DG in this is 'recent' the boiler is 'less recent' (ok I now have rose tinted specs on ) the roof looked straight, without missing tiles etc, it had central heating. All the light switches were straight (i.e. not a bodge job), the ceilings were 'sound' as far as I could see (and yes I do check, checking for artex too)
There we're no signs of slippage, no cracks in the walls.
and the kitchen was recent without being overly modern.
The worst part (and I'm struggling to find it) was the bathroom was wall papered and wood panellng so the paper looked tired (but not damp) and there was a bit of wood missing from the end of some panelling in one of the rooms, but that's not a problem as we'd like to build something there.

The home was presented in a really good way, so I don't think they were hiding anything, and believe me, some of the houses I've seen.... Having said that, there were things such as a bedroom door was missing, and I thought that loft conversions needed firedoors (although I've never seen a cottage style firedoor, so maybe tht's why)

I didn't ask when the bolier was serviced or the age, but I'm going back to view it on Friday,
(It's not declared as being listed, but I don't believe it is)

GW