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% increase in house prices website?

2

Comments

  • Libra1975
    Libra1975 Posts: 286 Forumite
    The road it is on is a hotchpotch so very difficult to compare like to like, the one next door was bought for 200K about 18months ago, this one was bought for 205K about 18 months ago.
    Yup the EA put the offer to the vendor and the vendor said he wouldn't consider anything less than £260K which we are not willing to pay I think anything that is on at a correct price in that area will be snapped up in less than 2 weeks.
  • LSM_2
    LSM_2 Posts: 130 Forumite
    There seem to be a lot of people here from Norfolk looking for character houses in the region of £250k! !!!!!!...!
    A fine is a tax for doing wrong. A tax is a fine for doing well. :confused:
  • Libra1975
    Libra1975 Posts: 286 Forumite
    I know my geography is bad but I'm pretty sure Farnham isn't in Norfolk :p
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    It doesn't matter what a property valuer says, what you think, or what it sold for 18 months ago. If the seller insists on their valuation, you can accept that or walk away. You can't force someone to sell you their house at your price.
    Been away for a while.
  • Libra1975
    Libra1975 Posts: 286 Forumite
    Whilst I take on board your comment about not forcing someone to sell their house to you I am not sure why I should just walk away. If the seller is trying to get the best deal possible for himself surely I am entitled to do the same.
    He might not want to sell the house to me but if you don't ask you don't get and I want to ensure if he does change his mind I get to hear about it.
    I am not talking harassment apart from 3 calls to the estate agents (2 of those were offers) I have had no contact!
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    A house is worth what someone is prepared to pay for it AND what the vendor is prepared to sell it at.

    Where the two meet, you have your market price.
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    Libra1975 wrote: »
    wow I'm tempted by that house and it's nowhere near where I need to live :)

    I agree it is nicely done. However, 250k for two bedrooms???
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Libra1975
    Libra1975 Posts: 286 Forumite
    Erm yes, where do you live? I viewed the details of a house in a village that had one single and one double bedroom (no upstairs bathroom) and that was for O.I.E.O £300K!!!

    (Erm no I wasn't interested!)
  • hearts
    hearts Posts: 1,191 Forumite
    Why not up your offer by 5k offering this for fixtures and fittings. If you can afford it and its a deal fixer and you really want the house ;-) Keeps you below the threshold and he gets another 5k.
  • Norroy
    Norroy Posts: 113 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Or, you could offer to pay the vendor's estate agency fees. This would increase their net proceeds, whilst not putting you into 3% stamp duty territory.
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