Never wants to try and buy a house again!

kingstreet

Put together a leaflet and spend some time sticking them through doors in the streets you'd prefer. You might get nothing, or someone might get in touch who would like to sell but has not yet done anything about it.

Gloomendoom

Little*Miss wrote: »

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.

Maybe the vendors and their agents have already factored the fact that work is necessary into their full asking price.

diable

Leave your telephone number and tell them that when they haven't sold in the next few months to give you a call and you'll buy the house for £5k less.

woodsey2002

I know how you feel, we're on the 7th house in the space of 8 months. Thought we'd have this one in the bag as we offered asking price but they've had so much interest it's going to sealed bids. Turns out there's 4 other asking price price offers, one being a cash buyer, the others including ourselves being in rented with finance, deposit etc verified.
EA has been accused of undervaluing the property so the vendor is expecting offers now considerably over asking to secure the property.
For us it's substantially cheaper than properties we've looked at so far but it's in the 'perfect' location with a wonderful garden but also gives us the opportunity to have a smaller mortgage than we ever anticipated which we could pay off in just under 5 years, having done the sums even taking into account a 20% drop in prices over the next 5 years it's still, for us worth considering but I cannot believe I'm even considering going way over an asking price in today's market.

Little*Miss

Woodsey sorry to hear your news! I hope things get sorted and you do get the house even maybe if you are paying a little over the top, I know it's crazy saying that in this market!
Things seem pretty buoyant right now!

Thanks for the helpful advise! I haven't thought of about putting flyers through doors, may give that a go.

bristol_pilot

You are looking in a price range where many buyers with a good deposit can still easily afford to buy. I'm noticing drops at the higher end mainly (£500k+ outside London) where people can't get the inflated liar loans anymore that prices are falling. But property priced at 3-4 times a local salary is still selleng, especially with interest rates remaining at historical lows.

brit1234

Little*Miss keep the faith. This month all three house price indices were negative and this is the peak of the market. Just imagine the sentiment by Autumn especially as things economically get worse.

Enjoy the summer and keep adding to your deposit, you will prevail.

HAMISH_MCTAVISH

Little*Miss wrote: »

the offers we have made are realistic for the work needed etc.

Well as you haven't had one accepted, obviously that's not true.

Little*Miss

Thanks Brit1234 we will keep positive!:D I like your sig!:D

And Bristol_pilot yea your right, unfortunately we don't have any more money though lol:( be nice to be in the 500k situation... one day!:)

You don't know the situation the prices have been realistic but the the high volume of interest is the market atm no buyer wants to sell straight away. The EA has said our offer is a fair price but because of the amount of initial interest the sellers holding out. But to expect a call in a few weeks when people have viewed and decided it's to much work. Just got to sit and wait it out.
I'm not paying over the top for a house which isn't worth it to us and at the end of the day a house is only worth what you and others want to pay for it, we can afford asking but we don't want to pay it or we will have no money to renovate in it's current state it isn't worth any where near asking.
Just to mention there is no right or wrong offer people have different situations houses don't always sell for what they are actually worth sometimes!

Oh and we are looking in our price range too.

Looking for constructive comments cheers.