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Do i go that extra 5,000 Pound?
Comments
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£5,000 quid is £5,000 quid but you essentially answered your own question in terms of shelling that out in rent payments.
If you want the house, offer more. You will have forgotten about the extra in 5 years.
I agree with this ^^^^^2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shadingEverything will be alright in the end so, if it’s not yet alright, it means it’s not yet the endMFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £13502025 target = £1200, YTD £9190
Quidquid Latine dictum sit altum videtur0 -
ringo_24601 wrote: »I remember when we were selling our old house... We put it on the market for £229k, expecting to sell for £220k.
So, one couple really wanted it, but to be honest, I needed a couple of extra grand for costs in our new home. I pushed them to £222k.
Now, little did they know that if they'd just held out, we would have been ok to go with £220k. We had done some sneaky background research on the couple (god bless facebook) and realised they were getting married in the coming months so they had a 'pressure' to find a home.
So - you need to find out; how long has it been on the market. Has it had any other offers? Why are they moving house? (i.e. what is their pressure to move?)
Been on the market for 2 years now, when we first enquired about the property they were very keen to sell and open to offers, they are going to stay at their daughters, so not sure what the stumbling block is they asked for a bit more on our first offer so we increased by 10K...
We are not offering anymore so guess its time to get the rental list going lol...0 -
ringo_24601 wrote: »Now, little did they know that if they'd just held out, we would have been ok to go with £220k. We had done some sneaky background research on the couple (god bless facebook) and realised they were getting married in the coming months so they had a 'pressure' to find a home.
How do you know that they weren't prepared to go up to the full asking price?
OP - if I loved the house and intended to stay long term, I would go back and offer to split the difference with a £2.5k rise in my second offer price and see what they say - as long as this is affordable obviously.
The other option is to keep looking and keep tabs on that house in the hope that they don't sell and start to become a little more keen to sale. Obviously this is a gamble if you are in a rising market.0 -
"We had done some sneaky background research on the couple (god bless facebook) "
Sneaky is not the word!!
Well.. if people don't lock down their facebook accounts, or their relatives.. more fool them!
In the OPs case, i'd hold out but don't offer more. Their lack of progress in a sale might mean they're not 'serious' sellers anyway; I'd guess they were downsizing; and not in a rush about it.
Best to keep looking...
(Principia - we don't know.. but we know that most homes of our size sold for a max of £225, and those had double-glazing, which ours didn't)0 -
Well all, I'm pleased to say the sellers came back after 24 hours and decided to accept our 2nd and final offer so we have agreed to buy it and we are over the moon, I have to admit I was wavering a bit about just giving them the extra 5,000 quid but my wife held fast and said they would be back. Over the moon...0
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Deleted_User wrote: »Well all, I'm pleased to say the sellers came back after 24 hours and decided to accept our 2nd and final offer so we have agreed to buy it and we are over the moon, I have to admit I was wavering a bit about just giving them the extra 5,000 quid but my wife held fast and said they would be back. Over the moon...
Happy for you, great result :T2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shadingEverything will be alright in the end so, if it’s not yet alright, it means it’s not yet the endMFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £13502025 target = £1200, YTD £9190
Quidquid Latine dictum sit altum videtur0 -
Deleted_User wrote: »Well all, I'm pleased to say the sellers came back after 24 hours and decided to accept our 2nd and final offer so we have agreed to buy it and we are over the moon, I have to admit I was wavering a bit about just giving them the extra 5,000 quid but my wife held fast and said they would be back. Over the moon...
Well done to your wife :j
Hope you will be very happy in your new home :beer:0 -
ask if will do a deal on leaving some furniture, or cover stamp duty etc..Long time away from MSE, been dealing real life stuff..
Sometimes seen lurking on the compers forum :-)0 -
Tbh we don't want any of their furniture or curtains, its a bit dated...0
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Well done OP!0
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
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