Never wants to try and buy a house again!

Little*Miss

I've just come on this thread for a bit of guidance really and to have a moan.

Me and my partner are first time buyers we have a healthy deposit, have great credit ratings and we thought everything would be so easy! We were wrong!

We are looking for houses in the £130,000 to £150,000 range with the view that they would come down, we are looking for something that needs work in the Weston-Super-Mare region in Somerset. We have seen two properties and got no where with both everyone seems to want asking price round here, I'm so close to giving up!
We had an offer accepted on one property then got gizumpted. The other one they have said no to our offer we can't go any higher.

Is there anything else to try, I've looked at auctions nothing amazing for us there. I just can't think of anything else just to sit tight and live at home forever?

Is there anything else I should be doing?

If anyone lives round there and knows of anything let me know! I'd be really grateful!

ILW

Look at places with an asking price within your budget.

PasturesNew

It's the start of the summer, it's the seaside. Most optimistic period for sales as the summer season's just started and they think there'll be a rush of people dying to live at the seaside.

DannyboyMidlands

Just relax, take your time and don't let it take over your life. View interesting ones when they come up but otherwise go about your normal business. I suspect that vendors might get a bit more realistic by autumn.

Little*Miss

Yea true I've lived here since birth it's not that great a seaside town but I see what you mean. Looking for something to do up though we would rather purchase in the summer, so we can work in the warm.:D Good point though.

DannyboyMidlands

Little*Miss wrote: »

Yea true I've lived here since birth it's not that great a seaside town but I see what you mean. Looking for something to do up though we would rather purchase in the summer, so we can work in the warm.:D Good point though.

And so does everybody else. The vendors know that which is why they wont budge on price. If I was you I'd enjoy the summer, keep an eye on what comes up, what price and when. Then start making offers in the Autumn. By then the vendor mindset will shift to wanting to get rid of it this year.

rndb

Why don't you just look at properties within your price range rather than going to view properties out your price range and then wondering why the vendor wont accept your offer?

tobyjug

I say keep trying, have you looked at some of the private house selling sites or private ads.

Don'tgive up sounds like you are ideal buyers.

Little*Miss

rndb wrote: »

Why don't you just look at properties within your price range rather than going to view properties out your price range and then wondering why the vendor wont accept your offer?

We are looking at properties within our price range but we don't always want to pay the full asking price as some of the properties need a lot of work and we aren't making stupid offers the offers we have made are realistic for the work needed etc.

InkZ

I'm in Bournemouth and same kind of situation here, people don't want to take offers. We had 2 rejected both around 93% of asking.

However, we waited it out and got a call from an EA for a house where the chain had just fallen apart so we jumped in and got a further discount.

If you are in a good position and not in a rush you will eventually get a deal, took us about 3 months. Just keep all of the EA's on side.

Little*Miss

InkZ wrote: »

I'm in Bournemouth and same kind of situation here, people don't want to take offers. We had 2 rejected both around 93% of asking.

However, we waited it out and got a call from an EA for a house where the chain had just fallen apart so we jumped in and got a further discount.

If you are in a good position and not in a rush you will eventually get a deal, took us about 3 months. Just keep all of the EA's on side.

Thanks for your comment, good to know there is hope. I think your all right we have to wait it out and save in the mean time.

I am going to look on private house selling sites later. Thanks Money savers!