We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
What do I need to make an offer on house whose owner is in administration
Comments
-
I can go a bit higher on the offer but dont want to show my hand too early and risk gazumping. Maybe biding time is ok alto nervewracking. However dont want to be blown out of water by a much higher offer0
-
How do you know? Presumably the sellers, or their agents, told you. So it now up to you to either increase your offer, or do nothing and let the other buyer progress.An offer has been made of 10percent below the asking price. I offered the askig price and the other bidder immediately came back with an offer of 1k more.
Tough. You ARE in a bidding war. Do not assume that. They will proceed unless/until a higher offer (from you or someone else) is on the table.I dont want ro miss out on the property but dont want to get into a bidding war. Should i hold my ground aasuming they cant proceed until i let them know if i want to offer more or not? O0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards