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Offer And Surveys

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Comments

  • mimi1234
    mimi1234 Posts: 7,964 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hoploz wrote: »
    Is there an estate agent involved? If so these conversations should be using him as a go-between, firstly so there is a middleman who is party to exactly what has been said in case of any misunderstandings, and secondly because in these situations there's a good chance things can go pear-shaped/get nasty.

    No, it's a private sale, the leaflet was in the shop and on his window.

    I've just clarified with him and he has said he might drop £100 or £200 but no more than that.

    Just looking at the amount of 3's on the report, I think we are talking about £5000 to get these things sorted, so it looks like I am out. I took the report to work and my colleagues son had a look at it at lunch time and he has said it's going to be a few thousand to sort those things out.

    Oh well.

    Thanks for your help guys. Buying is completely alien to me, I've never done it before but I know what to look out for and what to do next time.

    Cheers my dears.
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    £100 or £200 !?!?
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • mimi1234
    mimi1234 Posts: 7,964 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Dan-Dan wrote: »
    £100 or £200 !?!?

    He is still adamant he thinks his house is worth a million pounds. The report clearly states how much the surveyor thought it was worth.

    Just out of interest, if the surveyor estimates it at £85K, would that be before or after all the works had been done? If that estimate of it's current worth with all the faults? Does anyone know this?

    The report had 2 figures, the higher one being the one for insurance purposes it said on the paperwork.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    mimi1234 wrote: »
    Just out of interest, if the surveyor estimates it at £85K, would that be before or after all the works had been done? If that estimate of it's current worth with all the faults? Does anyone know this?

    Here and now, as it sat when he looked at it, including the faults.
    The report had 2 figures, the higher one being the one for insurance purposes it said on the paperwork.

    That's the rebuild cost, which an insurer will pay if the place burns down. It may be more than the purchase price, it may be less. It's more-or-less unrelated to the purchase price, since a lot of the purchase value is in the land, especially in more expensive areas.
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