Two offers rejected - what next?

Mgman

The thing is savvy sellers in no rush to sell know that an overpriced property now, will not be in a few weeks/months, and if they hold firm will get that price, or possibly even more sooner or later. If you are in London or the south east this is even more likely.

Good_Old_Bakes

Foxy-Stoat wrote: »

You do know that a heated towel rail is probably around 0.1% of the total value of the property?

If the lack of a £200 heated towel rail is a deal breaker then I think you need the help and guidance of Kirsty and Phil !!

I know that - you know that - Kirsty and Phil know that - my dog knows that. My missus, however, is a completely different house hunting animal.

Running_Horse

Not sure what you want us to tell you. Either you offer again or you don't. The amount you are willing to offer is between you and your bank manager.

song_of_calliope

I feel your pain. My husband rejected a house because it wasn't clean enough! Can you tell her a budget that you would put into the house, say £1k, that she could spend as she wished? And then whenever she points out something minor say "ok that's £200 out of the budget including fitting so you would have £800 left to spend on other things". It might help her put things in perspective?

That said, it's important to feel that the house you get is right for you and that can be intangible. You've only viewed about a dozen houses so I don't think you've found the right one yet. We viewed a lot more than that before we found ours. Keep looking and don't pay over the odds.

The_White_Horse

Mgman wrote: »

The thing is savvy sellers in no rush to sell know that an overpriced property now, will not be in a few weeks/months, and if they hold firm will get that price, or possibly even more sooner or later. If you are in London or the south east this is even more likely.

Savvy, except for the fact that where they are buying has risen even more.

I remember a mate of mine was determined to hold on for £300k for his flat (in London obviously). He waited almost a year - and got it. However, the house he eventually bought went up about £100k in the same period. So essentially, he was £80k down.

DRP

The_White_Horse wrote: »

Savvy, except for the fact that where they are buying has risen even more.

I remember a mate of mine was determined to hold on for £300k for his flat (in London obviously). He waited almost a year - and got it. However, the house he eventually bought went up about £100k in the same period. So essentially, he was £80k down.

yep, it is the net difference that is usually nmost important - that is what is so illogical at the moment.

From a purely arithmetic standpoint, selling to buy bigger is generally more cost effective when the market is stagnant/dropping, despite it feeling better that your house price is rising...