Offer of £250k refused so whats next??

jimpix12

botchjob wrote: »

Good luck with your wait. £250k from £285k is a massive drop and you could be in for a long one. If the couple are splitting they'll each want the absolute maximum they can get for the house. You're also negotiating with 2 individuals rather than 1 couple. We bought our current house from a divorcing couple and they wouldn't give an inch on anything, although they were willing to leave a massive amount of extra fixtures and fittings including £5ks worth of fridge freezer and oven.

Garbage - plenty of offers below asking price are accepted when they need to move quickly which is often the case when there is a divorce involved. The wife might want out asap, etc etc.

In fact if anything I'd say it's a better position to be in from a seller's standpoint.

£285k to £250k is not a massive drop either, it's less than 15%.

OP, hold out until new year and wipe the smug grin off the greedy seller's face. Assuming they are greedy, of course

PS: Have you posted this somewhere else? I could have sworn I'd seen that study before...

dld2s

spunko2010 wrote: »

Garbage - plenty of offers below asking price are accepted when they need to move quickly which is often the case when there is a divorce involved. The wife might want out asap, etc etc.

In fact if anything I'd say it's a better position to be in from a seller's standpoint.

£285k to £250k is not a massive drop either, it's less than 15%.

OP, hold out until new year and wipe the smug grin off the greedy seller's face. Assuming they are greedy, of course

PS: Have you posted this somewhere else? I could have sworn I'd seen that study before...

I dont think the owners are being greedy if they looking for 275k for a house they paid £285k for, whether they get it or not is another question, personally I hope they do, it must be gut wrenching buying a house and than having to sell it at a loss

myhouse_2

If I were selling a house for 285k in this market, I would expect offers at 250k. When the first offer for 250k came, I'd probably automatically reject it and see what they came back with. If no increased offer, one can always go back and accept later (risky game if they're desperate to sell of course).
Wait a few weeks or months. Probably if they get no interest during the main selling season (spring) then you'll have more chance.

BettiePage

mumto2loves wrote: »

how would you open the window on the stairs? and theres no drainer by the sink

( this house 'featured' in the look at this thread recently, and i remembered those 2 comments from then - i have no idea why i remembered them though!:p)



edit - sorry that wasn't very helpful was it?:o

The vendors may be thinking that it has an awful lot of interest, not realising that it was negative interest. That may be why they're holding out for more?

WhiteHorse

paul090971 wrote: »

Not at all!!! How did you jump to that conclusion.

The tone of your post. Viz. "I still feel they will somehow want to get a few £k out of me".