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Advice wanted for a first time buyer putting in their first ever offer

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Comments

  • Once you've submitted an offer, you can't go any lower!
  • Rain_Shadow
    Rain_Shadow Posts: 1,798 Forumite
    Once you've submitted an offer, you can't go any lower!


    Depends on the survey ;)
    You can pick your friends and you can pick your nose but you can't pick your friend's nose.
  • I think you are right to justify it first-hand. I did so right off the bat, when making my first offer on the flat I'm buying. So when the Vendor rejected and counter-offered, the EA told him he didn't think I would go so high due to my reasoning. And the Vendor adjusted his expectations accordingly :)

    That way, the vendor doesn't think you're just knocking it for money off... that you have done your research when making an informed judgement, and are worth taking seriously!
  • ValHaller
    ValHaller Posts: 5,212 Forumite
    1,000 Posts Combo Breaker
    I think you are right to justify it first-hand. I did so right off the bat, when making my first offer on the flat I'm buying. So when the Vendor rejected and counter-offered, the EA told him he didn't think I would go so high due to my reasoning. And the Vendor adjusted his expectations accordingly :)
    The only reasons for not going higher are "can't pay" or "won't pay".In either case, they are down to your thinking rather than any 'objective' justification!
    You might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'
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