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Gazumping
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sunshinetours wrote: »£250k - £275, maybe £280 I totally agree, but not £290k apart from the most optimistic buyers. of course if a house is overvalued at £290k that is a different issue......
Phew!! I'm hoping for £285 for ours so had a minor heart attack with the thought of £250!!! _pale_0 -
marmitequeen wrote: »Phew!! I'm hoping for £285 for ours so had a minor heart attack with the thought of £250!!! _pale_
Doesn;t mean you won't still get offers around that level though. That is still a very difficult price band, and there are many house "sticking" at that level in our area, presumably partly because of that problem.
The issue is if you get several offers around that level the market may be telling you something
Best of luck!0 -
sunshinetours wrote: »Doesn;t mean you won't still get offers around that level though. That is still a very difficult price band, and there are many house "sticking" at that level in our area, presumably partly because of that problem.
The issue is if you get several offers around that level the market may be telling you something
Best of luck!
Yeah, we're not on yet for many boring reasons but the EA valuations were all £300-315 and Zoopla says £304. I thought I was being realistic with £285!!! Oh well, see what the market says when we finally go for it. I'm sure I'll be on here begging for support...
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marmitequeen wrote: »Phew!! I'm hoping for £285 for ours so had a minor heart attack with the thought of £250!!! _pale_
A colleague at work had his house for sale at 285K, the only offers he got were below the 250K threshold.0 -
That is useful to know gbcasual. It makes the £249,950 I got offered a realistic sum now so I can budget our next move and see what is affordable for us.0
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The £250k point is a real stumbling block because of the stamp duty (and often a psychological thing!), so unless you volunteer to pay the higher rate of stamp duty for the buyer (so they only pay 1% whatever their offer), then most people would offer no more than £250k.Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0
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