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First offer declined, what next??

24

Comments

  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    Be patient my friend.
    There is a reason i suggested that offer.
    Offers ending in 500 have a much higher chance of being accepted.
    I think this offer will be accepted.
  • Poppy9
    Poppy9 Posts: 18,833 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Are you planning on doing all the work yourself or getting some one in? This will make a vast difference in how much it costs you to modernise.
    You have only guesstimated for the things you can see, a survey will show up other things - possibly rewiring, roof problems, damp course etc.
    :) ~Laugh and the world laughs with you, weep and you weep alone.~:)
  • Gareth83
    Gareth83 Posts: 971 Forumite
    the roof has been done, the wiring has been done, no sign of damp.

    It's a good solid house
  • Poppy9
    Poppy9 Posts: 18,833 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Gareth83 wrote: »
    the roof has been done, the wiring has been done, no sign of damp.
    It's a good solid house
    Until the miserable surveyor goes in and rips it apart - not literally just on paper:rolleyes:
    :) ~Laugh and the world laughs with you, weep and you weep alone.~:)
  • nick78447
    nick78447 Posts: 43 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Be patient my friend.
    There is a reason i suggested that offer.
    Offers ending in 500 have a much higher chance of being accepted.
    I think this offer will be accepted.

    Care to elaborate?

    Or indeed share any other psychological tips as regards putting in offers. I'm looking around a few places tomorrow and hopefully will like at least one of them enough to want to put in an offer.
  • Scudlink
    Scudlink Posts: 833 Forumite
    I know it's been mentioned before but the idea of offering an odd amount (rather than in whole thousands) is that it's designed to make the vendor think you've scrimped every last penny to make it look potentially your best/max offer.
  • danlightbulb
    danlightbulb Posts: 950 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Most sellers at this price range (I am one of them) expect a £5k reduction on asking price. Therefore a fair offer would be around £105k. You'd probably get it for that, im not convinced you'll get it for £100k.
  • Gareth83
    Gareth83 Posts: 971 Forumite
    offer of £100,500 has been declined

    What next??
  • tickman
    tickman Posts: 35 Forumite
    Gareth83 wrote: »
    offer of £100,500 has been declined

    What next??

    ask them what they would accept to take the house off the market! always speak to the seller and not just the agent.

    when my wife sold her first flat quite a few years ago she had a viewer ask how much she wanted for it, she was then told exactly how much. later that day an offer was recieved for £500 less than stated. she then set a closing date and recieved 2 offers. the original buyer put up her price by £1800 but was not the highest by only £200! apparently she was gutted not to have got it. moral of the story is speak to the seller and agree a price in person!
  • Gareth83
    Gareth83 Posts: 971 Forumite
    how can I speak to the seller?

    Knock on the door?? Surely that's immoral??
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