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offering below a guide price?

mrlapes
mrlapes Posts: 18 Forumite
in House buying, renting & selling
hi,

we've found a house and although it needs work - we feel it would be a good investment

guide price is 125-145

so should we offer below the 125? if so what would you suggest, subject to survey?

thanks

Comments

  • mrginge
    mrginge Posts: 4,843 Forumite
    It looks like a lovely house in a great area where prices are rising.
    I would offer 150k
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    How long has it been on the market? Have there been any price drops? What do similar nearby properties go for?

    A lot of people won't want to go over the £125k SD threshold so it's a bit of a stoopid price bracket they've given.

    Jx
    2024 wins: *must start comping again!*
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Less than a £125k and subject to survey. Suggests that you may wish to reduce you offer even further. Doubt the vendors will find it appealing.
  • princeofpounds
    princeofpounds Posts: 10,396 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Offer whatever you feel it is worth. A guide price is meaningless anchoring anyway.
This discussion has been closed.
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