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Could I offer bellow 10% of the asking price

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Comments

  • missile
    missile Posts: 11,813 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yep that's always the risk I suppose. You need to know as a buyer that you are happy to walk away and find somewhere else. I suppose there's also a risk of refusing further offers too, especially as a 90% offer isn't usually seen as time wasting by the buyer. Probably more the other way around where the asking price is seen as completely over valued (as is often the case when valuation reports come back)

    I would suggest one should consider the state of the market in the area too. :beer:
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Zero_Sum wrote: »
    My 1st house had been on market for long time & empty.
    I offered 25% under, got it for 16% under.
    :beer:
    Nice.
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