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Seller refusing offer as they owe more on house

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Comments

  • I would offer £200k. Make either your best and final, or if you really want the house, be prepared to split the difference and offer £202.5k if it's rejected.

    If you really don't want to pay more than £200k, make at your best and final then walk away.
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I would offer £200k. Make either your best and final, or if you really want the house, be prepared to split the difference and offer £202.5k if it's rejected.

    If you really don't want to pay more than £200k, make at your best and final then walk away.

    Err , if he really wants the house , then offer the £205k required!
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • Dan-Dan wrote: »
    Err , if he really wants the house , then offer the £205k required!

    OP seemed unwilling to go to £205k at all so meeting half way seemed a reasonable compromise.

    There's no right or wrong answer really. OP should offer the max they are genuinely willing to pay if they really want it, whatever that might be. If the vendor honestly can't accept less than £205k, then that's that.

    I agree with you that £5k isn't much over the longer term, especially if OP plans to live there for a while.
  • AlexMac
    AlexMac Posts: 3,066 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I love posts like this where we are asked for opinion rather than information! so far, opinion is divided; a quick count above reveals:
    - Stick (£200); 6 posts
    - Twist (£205k); 4
    - Walk away; 5
    - Gazunder; 1
    - Moralise: 6
    - introduce more questions or issues; 7

    What we really need is another forum called something like... " What was the outcome/what did I do? And did the advice I got here help?

    So what did/will you do?
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