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FTB seeks helpful imput from the masses
1978carter
Posts: 16 Forumite
I'm a first time buyer currently looking for a house. I'm going through the Ownhome scheme so I'm capped at £111'000. I've not found any where I like priced at this figure but quite a few above it.
My question is if I see a house I like that's on the market for say £130'000 do people think offering £111'000 is taking mickey or is this an reasonable offer? Are people generally over pricing their homes at the current time?
Thanks in advance
My question is if I see a house I like that's on the market for say £130'000 do people think offering £111'000 is taking mickey or is this an reasonable offer? Are people generally over pricing their homes at the current time?
Thanks in advance
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Comments
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Suck it and see. Ask the EA which owners are desperate to sell maybe?
property bee will help. Look for empty propertys too.
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Remember prices are going to fall for a long time yet so if you are going to buy now cheaky offers are the way ahead to protect you from negative equity.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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i have read in some reports e.g. rightmove's house price index that selling prices are being achieved 10-15% below asking prices. your 111k is exactly 85% of 130k so it wouldn't be an unreasonable offer. the worst they can say is 'no'.
why don't you look on e.g. www.home.co.uk and compare asking prices and selling prices in your area?plus ça change........0
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