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Low offer on "doer-upper"?

Cambridge32 · 2011-10-31 10:48:11

Hi, My partner and I have stumbled across what might be a bargain house in Barrington near Cambridge, but the only problem is the price (bear with me!). The house is on the market at £194,950 (since June), and is advertised as needing "modernisation" (I imagined plastering, painting, possibly new bathroom suite, fittings…

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Niv Posts: 2,562 Forumite

31 October 2011 at 7:49PM

Procrastinator333 wrote: »

In other words, for whatever reason, the vendor has a pie in the sky number in their head. The only thing that will change that is another X months sitting with no offers (Replace X with a number between 3 and 18 months depending on how stupid they are).

We are in the process of doing up a house. Everything costs more than you plan. It always does. I would say file your notes away and just keep looking. If in 6-12 months it is still there, maybe return.

Good luck.

I would say , put in a low bid and if rejected do as procrastinator suggests.

Good luck with whatever you chose to do.

Niv

YNWA

Target: Mortgage free by 58.
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