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negotiating and offer advice
fiffio
Posts: 45 Forumite
Hi, all long time reader short time poster here!
Have seen a house we really like, it has been on the market for 2-3 months and is currently on at fixed price 105k. The price was reduced due to some decor in need to refreshing (purely superficial carpets and wallpaper etc) and i think it was previously on for offers over 110k. The home buyers report states the value to be 110k.
The house is currently not being used and the previous owner has passed away very shortly adfter moving into a home so not part of a chain. The house has been put on the market by his son and or daughter.
The EA made a comment around everything being negotiable when we went to view it which has led us to beleive there may be some additional movement in the price below the fixed price.
can anyone advise as to what type of offer we should be looking to put in, dont want to antagonise the seller but also beleive we can knock a couple of grand of the value and it is right at the top of our budget including fees and charges.
any hints and tips appreciated.....can i speak frankly with the EA about it or is it best not to? obviously I'm not showing him ourt cards quite yet!
Have seen a house we really like, it has been on the market for 2-3 months and is currently on at fixed price 105k. The price was reduced due to some decor in need to refreshing (purely superficial carpets and wallpaper etc) and i think it was previously on for offers over 110k. The home buyers report states the value to be 110k.
The house is currently not being used and the previous owner has passed away very shortly adfter moving into a home so not part of a chain. The house has been put on the market by his son and or daughter.
The EA made a comment around everything being negotiable when we went to view it which has led us to beleive there may be some additional movement in the price below the fixed price.
can anyone advise as to what type of offer we should be looking to put in, dont want to antagonise the seller but also beleive we can knock a couple of grand of the value and it is right at the top of our budget including fees and charges.
any hints and tips appreciated.....can i speak frankly with the EA about it or is it best not to? obviously I'm not showing him ourt cards quite yet!
0
Comments
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Hello and welcome
without knowing the personailty of the owner and thier situation it is 100% impossible for anyone to give you advice other than 'as low as you dare'.
Some sellers won't drop a penny, others I've known take substantial reductions.
Trying to second guess someones personality is of course impossible.
So I'll pick a figure out of the air - £15k less and work youre way up.
You NEVER EVER indicate anything as to your manuevrability to the EA - they work for the seller!!0
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