Buying in Scotland

klaatu

irnbru wrote:

I can't find the article but last year someone did lodge a complaint that a property in the borders was marketed with a low OO price to boost interest.

We've experienced it with a number of properties, it's very frustrating.

irnbru wrote:

This is true but under what circumstances? Either the seller has marketed at OO and not got what they expected so put it at FP or gone straight to FP to achieve a quick sale.

As I understand it, many vendors as well as buyers are getting more and more fed up with the uncertainties of the OO system and going fixed price from the outset - and not necessarily to get a quick sale.

irnbru wrote:

If properties start going direct to FP I can see people adopting the approach in England of offering 94% of the asking price.

Would that necessarily be worse than the current system?

poppy_f1

greytroot wrote:

Around Glasgow my mate was looking at a house valued at £78k, he bid £94k and did not get it. The house was on the market at offers over £60k.

This was in cambuslang.

simialr thing happened to my parents in oct 04....saw a nice house in bellshill (not far from glasgow) offers over 49,995
they bid 65
it went for over 70