What To Offer (2)

Crashy_Time

ukcarper wrote: »

That's the problem with Crashy and his HPC mates, they claim to know how other people are thinking and will react but the truth is it's it how they would like them to think.

The OP seems to have done his research and has a clear idea of what he thinks the property is worth so I would have thought the best thing for him to do is offer that or a figure near that and put a time limit on it.

The interest for the HPC gang though is the drop from 600k asking to about 475k actual (if they are lucky) not the amateur psychology of someone who owns a house but hates the idea of price drops.

ukcarper

Crashy_Time wrote: »

Either a house is worth 600k, or it`s worth nearer 400k, depending on what the market in the area is doing and whether or not you can get someone to buy it (very important in actualising "value") It`s not really difficult to grasp, in a full on HPI a Go Go market this query wouldn`t even have popped up on here, but in this market people are being forced to adjust their expectations of what a house is "worth".

Crashy_Time wrote: »

The interest for the HPC gang though is the drop from 600k asking to about 475k actual (if they are lucky) not the amateur psychology of someone who owns a house but hates the idea of price drops.

It's one house that from what OP says was overpriced in the first place.

Do you think you have a better idea what the house is worth than OP who know the house and area.

Crashy_Time

ukcarper wrote: »

It's one house that from what OP says was overpriced in the first place.

Do you think you have a better idea what the house is worth than OP who know the house and area.

No, I am interested in the psychology of people trying to sell.

AnotherJoe

Maybe Crashy is right prices seem to be falling worldwide, must be a 60% fall.

tightasagnats

Some of us are women, BTW, there's a lot of "he" and "him" - come on boys catch up.

I think it's right that you can't second guess, and that probate will be trickier in many cases. I'm also wondering why developers haven't touched it. I reckon they may have offered early on but not enough - and then steered clear. Having slept on it I'm not offering. Too early in my search and too many other possibilities. Thanks all of you for your help and comments and debate.

gwynlas

What is it worth to you?
Post Brexit you could reasonably go in with an offer in the lower 400's and increase if necessary, If house needs work might not be enough in it for a developer but you might bag a bargain.
Let us know ho you got on.

tightasagnats

Thanks folks.

glasgowdan

If a house is right for you it doesn't matter how early in your search it is! Many people buy the first house they view because it happens to be right.

ReadingTim

Fifty seven pence, a night of unbridled passion with your wife and not a shekel more, you hear me?!? Those bloodsucking b@stards won't get their pound of flesh from you....

Anything else is just insulting.