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Would really value your opinions please

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  • shazzy1773
    shazzy1773 Posts: 51 Forumite
    Part of the Furniture Combo Breaker
    I remember the first one now. This one is only round the corner isn't it?

    I wish i didn't remember the first one:eek: but yes it's just round the corner from the first property so one of the deciding factors for this house was that we knew we loved that perticular part of Chapel.
    A quick look on rightmove's sold prices shows only one Semi in the area selling for close to £180k, which is possibly why the surveyor is being cautious with the valuation. Does a valuation of £170k cause you problems with the mortgage?

    We're using equity from the sale of the house towards this purchase, so no it doesn't cause any problems with the mortgage.
    I see you are considering going to £175k to secure it, which is not a bad price as far as the vendor is concerned, given that they started at £180k. I would be tempted to have a go at the estate agent and give them some earache over the valuation figure v their asking price, point out that most buyers will be getting the same answers from their surveys and ask them what they are going to do to persuade the vendor to accept a more realistic price.

    I did stress this to the estate agents this morning when i rang them and he tried to justify the asking price by mentioned the other two (Bungalow) properties that were up for sale on the same road one for £155,000 & the other £159,000.

    Thank you for your advice:beer:
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