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How much should my starting bid be?

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Comments

  • PJD
    PJD Posts: 582 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    saleda wrote: »
    I'd also take the £208K offer with a pinch of salt.

    Why didn't the EA tell you of this higher offer at the time you made your £195K offer?

    The EA has set the trap,and you're falling for it.

    Couldn't agree more. It's EAs Standard Operating Procedure.
  • PJD
    PJD Posts: 582 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    itsamystery wrote: »
    Latest...

    We offered £210 and were told the vendor would go to £215.

    Anyhow, my wife has got involved and agreed to £215 if they leave fixtures, curtains, carpets and white goods.

    I know, I should never have given here the phone!

    Argh!!! They'll be cracking open the bubbly tonight!
  • itsamystery_2
    itsamystery_2 Posts: 64 Forumite
    I'm updating from my mobile so apologies for the typos.

    Ive passed on my annoyance to the wife. She seems to think she was following the plan.

    I've now decided to drop to £213 if the vendor doesn't throw in the extras.

    Then i'll leave it to the mortgage providers to see what it's worth and take it from there.
  • PJD
    PJD Posts: 582 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    itsamystery wrote: »

    Then i'll leave it to the mortgage providers to see what it's worth and take it from there.

    From my very limited experience, - what similar properties in the area have recently sold for has a big bearing on the mortgage surveyor's report. How does it fare?
  • itsamystery_2
    itsamystery_2 Posts: 64 Forumite
    Latest update... The vendor has taken the property off the market - can't afford to sell it!
  • johnbusby
    johnbusby Posts: 181 Forumite
    By the sounds of it you may have dodged a bullet anyway!
  • sharpey1786
    sharpey1786 Posts: 6 Forumite
    I'm sorry to hear that. Can be hard if you've set your heart on it. Hope you find something else soon...
  • PJD
    PJD Posts: 582 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    itsamystery wrote: »
    Latest update... The vendor has taken the property off the market - can't afford to sell it!


    At least you found out now, rather than halfway through the buying process.

    I'm sure another property will come up you like, given time :beer:
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