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Advice on what to bid on 'offers over £190k' + pics!
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Both really nice.
I would make an offer of £174,950 and 'test the water'
Nothing insulting about making an offer of any value plus it might put things into perspective for the vendor...
gl0 -
would start at 150 but never go above 160k.
off course depends how much you want that property.0 -
Just another opinion: I understand that you don't want to be ripped off and also want to obtain the property at the best price.
However......given that the house is immaculate throughout, I cannot see how you COULD be ripped off if you adhered to the stipulations to offer above 190K.
IF you want THAT house.
If you are not bothered either way, offer whatever you want, of course.
My interpretation of this particular "offers above" is that the vendor is regarding 190K as the absolute MINIMUM under which he will not ( or cannot) sell. And, given its condition, it appears to be "worth" a minimum of that. Whether it is worth that to YOU, only you can tell. You know how much money you have and how much you want to own & live in that particular house.
Be cautious of offering too low here. In this case you are unlikely to snag a bargain. And all unrealisticlally low offers will ultimately achieve is that vendors will counteract them with silly, artifically inflated high asking prices.0 -
My interpretation of this particular "offers above" is that the vendor is regarding 190K as the absolute MINIMUM under which he will not ( or cannot) sell. And, given its condition, it appears to be "worth" a minimum of that. Whether it is worth that to YOU, only you can tell. You know how much money you have and how much you want to own & live in that particular house.
Rubbish! The house is only 'worth' what someone is willing to pay for it. What the Estate Agent has done here is 'frame' you in to thinking that the place is worth over £190k. If you like the place offer what you believe it is worth and not a penny over! If you don't like it don't offer. Don't be fooled into over paying for a house through an estate agent trick.0 -
North east facing garden. That's why the patio is down the other end.
The other one seems to be facing a more sunny aspect at the back, if it makes a difference to you."If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0 -
I wasn't aware that the house was up for £199k originally, they obviously had little interest so lowered it pretty quickly. If a house was up for £199k I would have thought the vendor would be hoping to receive around the £180-£185k mark. Only someone stupid would go in and offer the asking price without testing the water...I think?!
I don't want to offend the vendor though and make them think that were trying to con them. I've some vendors after receiving offers haven't allowed buyers to increase their offer as they felt offended- in this market I think thats insane!0 -
I've some vendors after receiving offers haven't allowed buyers to increase their offer as they felt offended- in this market I think thats insane!
Well, if a vendor is that easily offended then I think you should consider yourself lucky that you're not buying from them.
Some vendors have an inflated view of what their property is worth (including some relatives of mine) and nothing you can say will make them see sense. Don' let a vendor like that make you over pay.0 -
I wasn't aware that the house was up for £199k originally, they obviously had little interest so lowered it pretty quickly. If a house was up for £199k I would have thought the vendor would be hoping to receive around the £180-£185k mark. Only someone stupid would go in and offer the asking price without testing the water...I think?!
I don't want to offend the vendor though and make them think that were trying to con them. I've some vendors after receiving offers haven't allowed buyers to increase their offer as they felt offended- in this market I think thats insane!
with all due respect, don't be so daft! :rotfl:
Your responsibility is to get the best price you can, there ought to be no offence given or taken0 -
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Look at the map, it's on a corner so easy to place. Then Google street view and it shows you which direction is north.
You can see the sun in the garden on the other house."If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0
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