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Offer advice - first time buyer
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runningmad123
Posts: 3 Newbie
Hi
Sorry I'm sure this question has been asked many a time, I am after some advice on offer prices for a FTB.
The flat I'm interested in first came on back in March 2015 with an agent for £139950 was then moved to another agent in October 2015 for £140000 and has since been reduced to £135000 then to £125000 in April this year.
Period flats in the area I'm looking in are quite rare and a lot of older people live where I am planning to move therefore wouldn't necessarily go for a first floor flat. In addition, the stairs to reach the flat are on the outside of the building.
Does anyone have advice on offers considering its length of time on the market? Should I be suspicious about the fact it has been advertised for such a long period of time?
Many thanks
Sorry I'm sure this question has been asked many a time, I am after some advice on offer prices for a FTB.
The flat I'm interested in first came on back in March 2015 with an agent for £139950 was then moved to another agent in October 2015 for £140000 and has since been reduced to £135000 then to £125000 in April this year.
Period flats in the area I'm looking in are quite rare and a lot of older people live where I am planning to move therefore wouldn't necessarily go for a first floor flat. In addition, the stairs to reach the flat are on the outside of the building.
Does anyone have advice on offers considering its length of time on the market? Should I be suspicious about the fact it has been advertised for such a long period of time?
Many thanks
0
Comments
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Check the remaining lease length (don't always believe the EA here), check service charge and ground rent.
It's not been on that long really, it may have had a sale fall through if they changed agents.
If it's one flat up and one down, you might want to speak with the other flat owner/lessee. See what they're like.
Doesn't sound like you've even viewed it yet, so take a look. It might be tatty or grim or dark which isn't always obvious from the pics.
Good luck.
Jx2024 wins: *must start comping again!*0
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