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How much to offer?

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  • kiwi07
    kiwi07 Posts: 1,739 Forumite
    Part of the Furniture 1,000 Posts
    ahusband wrote: »
    its on the market at 117 or offer accepted was 117? If its the case it was on the market at 117 then its almost certain they didnt receive full asking price. Perhaps start lower than 110, be cheeky, it gets you everywhere, 105? make it clear that it needs work and explain what...

    Thanks for your advice. I am thinking to start from somewhere in the middle - like £107?? May be?:confused:
  • kiwi07
    kiwi07 Posts: 1,739 Forumite
    Part of the Furniture 1,000 Posts
    Fire_Fox wrote: »
    Then you need to find out before you make an offer! Speak to a local builder about the shower, find out the prices that flats have actually sold for in the block, then come back and ask us if you are still unsure. You need to know these facts for any offer, first or otherwise, to be taken seriously. What are you going to do if you end up agreeing £120K then you find out in two months time you need to spend £8K on the shower cubicle and another £2K on appliances?

    At the moment you seem to be basing your first offer purely on what you want to pay, which is only part of the equation. Find out what the flat would sell for if in good condition, then take off the amount it will cost you to make it habitable and that makes a reasonable purchase price. A first offer will be lower than that.

    The last time they sold flat in this block was March 2008 £153 k.
  • kiwi07
    kiwi07 Posts: 1,739 Forumite
    Part of the Furniture 1,000 Posts
    edited 11 May 2009 at 7:35PM
    I called an EA to make an offer but they said that this flat is sold over last weekend!!!! I can't believe.... Its have been on sell for 3 weeks... I am completely devasteted.. It's second flat I lost... No chance?????:confused:
  • kiwi07
    kiwi07 Posts: 1,739 Forumite
    Part of the Furniture 1,000 Posts
    Can I get some sympathy from this forum?????
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