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lambo28
Posts: 191 Forumite
Hello
My daughter is planning to buy a house, she has saved a deposit (and also a requires a little from Bank of Mum and Dad). It is a 2 bed mid-terrace. It is currently on the market for £235,000. It is a tidy house but overpriced.
It sold last year in March 2012 for £220,000. And before that, it sold in July 2007 for £229,950.
In March 2012 it was listed on the market for £229,950. So the vendor has only moved in for one year and they are now moving again - no improvements have been made since the vendor. Surely the house prices in north east Hampshire hasn't increased that much!
She just doesn't know what to offer now, she offered £210,000 but it got rejected. Now the EA says that there are 3 other offers and that she should make her 'best and final offer'.
Any advice? Many thanks.
My daughter is planning to buy a house, she has saved a deposit (and also a requires a little from Bank of Mum and Dad). It is a 2 bed mid-terrace. It is currently on the market for £235,000. It is a tidy house but overpriced.
It sold last year in March 2012 for £220,000. And before that, it sold in July 2007 for £229,950.
In March 2012 it was listed on the market for £229,950. So the vendor has only moved in for one year and they are now moving again - no improvements have been made since the vendor. Surely the house prices in north east Hampshire hasn't increased that much!
She just doesn't know what to offer now, she offered £210,000 but it got rejected. Now the EA says that there are 3 other offers and that she should make her 'best and final offer'.
Any advice? Many thanks.
0
Comments
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So the vendor wants to recoup their stamp duty and moving costs...
I would offer what the previous vendor bought for, £220k
Have you checked the Zoopla estimate?
Don't believe anything the EA says!!0 -
Hello
My daughter is planning to buy a house, she has saved a deposit (and also a requires a little from Bank of Mum and Dad). It is a 2 bed mid-terrace. It is currently on the market for £235,000. It is a tidy house but overpriced.
It sold last year in March 2012 for £220,000. And before that, it sold in July 2007 for £229,950.
In March 2012 it was listed on the market for £229,950. So the vendor has only moved in for one year and they are now moving again - no improvements have been made since the vendor. Surely the house prices in north east Hampshire hasn't increased that much!
She just doesn't know what to offer now, she offered £210,000 but it got rejected. Now the EA says that there are 3 other offers and that she should make her 'best and final offer'.
Any advice? Many thanks.
They are just looking to get back what they paid for it. if you ask me you best and final offer should be £220,000, obviously provided you think it is worth that.Debt
Barclaycard (0% for 29 months) = £2500
Barclaycard (0% until September 14) =£476.93
Barclaycard (0% until October 14) = £390.82
Barclaycard (0% until May 16) = £105.58
TOTAL DEBT = 10364 (aim to clear June 16)0 -
So the vendor wants to recoup their stamp duty and moving costs...
I would offer what the previous vendor bought for, £220k
Have you checked the Zoopla estimate?
Don't believe anything the EA says!!
Thank you!
Zoopla says that the property is worth £235,000.
She really wants to get her foot on the property ladder so she feels inclined to pay that little bit more. I just don't know
0 -
I'm looking to buy in Farnborough/Aldershot/Ash with a budget of £150k without bank of mum & dad so if I can manage it then she can too!! (and she's ruddy lucky to have you!) :T0
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I think she's going put an offer of £221,000 in. fingers crossed0
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I would have gone to £215,000 - £217,500 (max) - not sure I would be keen to pay the same price/or more as 12 months ago, with no improvements...
gl
EDIT: Also EA's comments, sometimes have to be taken with a pinch of salt...0 -
and dont be taking anything zoopla says as gospelNever, under any circumstances, take a sleeping pill and a laxative on the same night.0
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