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Offer over mean

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Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    booksurr wrote: »
    if the property ios in Scotland then offers over means exactly that, you must offer at least (and preferably more than) £143k

    Properties are often sold at less than the asking price.
  • rebin123
    rebin123 Posts: 98 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    davidmcn wrote: »
    Properties are often sold at less than the asking price.
    Cheers i think i ask him to make an offer and what happens, it worth tying nothing to loss, do you think offer over 143 and offer them lass then that 5/10 percentage.
  • BigAunty
    BigAunty Posts: 8,310 Forumite
    1,000 Posts Combo Breaker
    What is the home report valuation?
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    BigAunty wrote: »
    What is the home report valuation?

    It's not in Scotland, so there's no Home Report.
  • Taggo
    Taggo Posts: 113 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    It's more common to see offers over in Scotland, but in reality it means nothing at all, regardless of where u are. All they can do is say no!

    I offered 4.5k under the offers over price, not accepted, then offered 1.5k under it and was accepted. Under the home report value so I was happy, and a quick sale so they were happy. House had not been on the market more than a week.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    phill99 wrote: »
    The clue is in the wording. "Offers over" means "offers over".

    That's a silly thing to say. Whatever the wording is, the actual answer is "offer what you are willing to pay in the first instance, but be prepared to negotiate until you reach your limit for what you think the property is worth".
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