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Putting in an offer today
Comments
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THey bought in 1999! The £90K is only paper profit
I would market my house about £90K more than I paid for it in 2005, when it was falling down - but I have stopped counting the significant work I have done on it once igot past £50K or so!
They rented it out for 8 years, so I'm sure most of that is profit..... oh well I've still not heard back from the EA....... luckily patience is my middle name0 -
no it is paper profit, the market has risen. what matters is how sensible the asking price is compared to the market, and whether your offer and their expectation can make the deal. £90k increase in over 12 years barely relevant.0
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no it is paper profit, the market has risen. what matters is how sensible the asking price is compared to the market, and whether your offer and their expectation can make the deal. £90k increase in over 12 years barely relevant.
Of course its bloody relevant, they shouldn't have a debt to service on the property, whereas if they had recently bought and paid close to what were offering they mightn't be able to accept the offer, its clearly a better scenario for us that they only paid £40k.0 -
Sigh. what a badly formed argument
Whether they have a debt to service is none of your business !
Tell you what.
Come back in 12 years against a predominantly rising market and let us know what you expect for this house if you get it and then sell it on.0 -
Sigh. what a badly formed argument
Whether they have a debt to service is none of your business !
Tell you what.
Come back in 12 years against a predominantly rising market and let us know what you expect for this house if you get it and then sell it on.
Are you a numpty? Of course its not their only concern, but it makes a massive difference when you can actually afford to sell, never mind, you're clearly baffled by this very simple and minor point
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I really want to contact the EA re the offer, I'm considering asking them to get us a viewing on a similar property, and just drop in the fact that we've made an offer through them for another property......:o0
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I think it is reasonable for you to contact them tomorrow or Friday if you've heard nothing by then.
I wouldn't go straight to viewing other properties quite yet. For all you know, the sellers may be seriously considering your offer but having to investigate a whole load of other stuff financially before deciding whether they can afford to refuse or accept it. Rushing to view other properties gives them no reason for them to take you seriously any longer. I agree that it's not nice to keep you waiting for an answer but you might lose more than you gain by playing games this early on.
See what the EA says when you call, and you can then gauge whether to keep waiting, up your offer, or ask for details of other properties then.0 -
I think it is reasonable for you to contact them tomorrow or Friday if you've heard nothing by then.
I wouldn't go straight to viewing other properties quite yet. For all you know, the sellers may be seriously considering your offer but having to investigate a whole load of other stuff financially before deciding whether they can afford to refuse or accept it. Rushing to view other properties gives them no reason for them to take you seriously any longer. I agree that it's not nice to keep you waiting for an answer but you might lose more than you gain by playing games this early on.
See what the EA says when you call, and you can then gauge whether to keep waiting, up your offer, or ask for details of other properties then.
Think I'll leave it until the weekend, Saturday at the latest, I can't bear the wait for much longer.... Oh well. I suppose I'll just count down the days:think:0 -
They have rejected our first offer, how long do we wait now before improving. Most we want to go is £126k0
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Jack_Johnson_the_acorn wrote: »They have rejected our first offer, how long do we wait now before improving. Most we want to go is £126k
Give it till next week,its a game of cat and mouse from here.Official MR B fan club,dont go............................0
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