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!
House Valuation Confused
Comments
-
Forget the online calculations ... Compare it to other things on the market which fit your criteria. If it's better then it is probably worth a bit more.
Like others though I'm interested to hear why they are still doing viewings if they've had an asking price offer. Only thing I can think is the person is not proceedable, so if a quick sale is required you could still be in with a chance if you can move quickly, even if you offer a bit less.
If the mortgage valuation comes in low then you may be able to renegotiate the price down, but it might mean you are unable to proceed, so it would be wise to not incur too many legal costs until you have your mortgage offer.0 -
Zoopla values the house we just bought at 10% lower than we purchased it for, nothing has sold directly on this street here for ages, 4 people were in for the house in and around asking price. Also matches current listing prices of surrounding streets which have lesser values. Take Zoopla with a massive pinch of salt.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards