what is a housing association/what to offer

thewinkshow

seen a house I like for 99k its in need of modernization as stated on the listing, does this mean they expect lower offers because they have put in need of modernization?
basically is has been lived in by old people and not updated for probably 20 years, needs new kitchen, bathroom at the very least, then th decor needs updating,paining and carpets throughout.
on inspection i noticed some damp also inside the building.could i know them down more for this?

there is no vendor and no one is living in the property, the estate agent said it is owned by a housing association, who used to rent it to old people but are now selling it - normally when i think of housing association i think of council houses and nursing homes e.c.t - but this is a detached property in one of the best areas in town, so what type of association are they talking about? i cant seem to get much info on them from the estate agent.

anyone bought from these before? any tips?


What would your openining offer be based on the above?

Nosht

H.A. probably do not want the hassle of doing it up themselves but this is VERY unusual as they normally have a high standard on homes as they have their own tradesmen who do repairs & maintenance inhouse.
Beware here, it sounds suspicious to me.

N.

ILW

A detached house in one of the best areas of town for £99k.
What town is it, Beirut?

motherofstudents

There is no reason you can't offer below the asking price. Do you know what anything similar has sold for ? You need to work out what it would cost to put everything right. If you have a rough idea of what this house would sell for in good condition take off the amount you would need to spend then make your offer accordingly. Personally I'd go in with a low offer, they can only say no and then you can up your offer a bit but don't pay more than it's worth and keep looking around at properties so you can compare it. Good luck