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what to offer?

One of the three houses we are considering buying is an extended 3 bed detached which initially went up for sale at £210,000. It has recently been reduced to £199,999 but we want to offer 180K as it needs complete decor overhaul, including new bathroom and kitchen. Does this seem a fair offer?

Comments

  • hearts
    hearts Posts: 1,191 Forumite
    no ;-) but then who cares, only the seller ;-)
  • JBeau
    JBeau Posts: 35 Forumite
    One of the three houses we are considering buying is an extended 3 bed detached which initially went up for sale at £210,000. It has recently been reduced to £199,999 but we want to offer 180K as it needs complete decor overhaul, including new bathroom and kitchen. Does this seem a fair offer?


    Thats 10% less - I would think that acceptable in todays market:rotfl: :rotfl:
  • furndire
    furndire Posts: 7,308 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You can offer whatever you want.
    The worst that can happen is they say no, in which case you can go in with a higher offer, OR go in with a lower offer than 10%, and then if they say no, go up to your 10% under - If it has been for sale for a while sit tight and wait.
  • Thanks for the advice - it has been up for sale for ages and is now up with 2 EAs. I think they tried to sell it last year too but with no luck at their asking price.
  • furndire
    furndire Posts: 7,308 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    In which case I certainly go with a very cheeky offer. It always ending up more to renovate than you first thought.
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