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House on the market. Opinions?

2»

Comments

  • c_tyler
    c_tyler Posts: 12 Forumite
    A very quick update. We've got an offer on the house one hour ago. They are offering £47k, but they haven't even been to see the house yet (they are booked for a viewing on Thursday, and we have a second viewing booked for one hour before them).

    I'm thinking of holding the offer until after viewings, as the other people might be interested as well. Also, I think they are in a bit of a rush, and that we can try to bring the price up to much closer to the asking price.

    Any thought on this?
  • fairy_lights
    fairy_lights Posts: 9,220 Forumite
    c_tyler wrote: »
    A very quick update. We've got an offer on the house one hour ago. They are offering £47k, but they haven't even been to see the house yet (they are booked for a viewing on Thursday, and we have a second viewing booked for one hour before them).

    I'm thinking of holding the offer until after viewings, as the other people might be interested as well. Also, I think they are in a bit of a rush, and that we can try to bring the price up to much closer to the asking price.

    Any thought on this?
    That's a bit weird.
    They might change their mind after viewing, I don't think I would take the offer seriously at this stage. Accept it if you want to but don't cancel any other viewings.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    c_tyler wrote: »
    A very quick update. We've got an offer on the house one hour ago. They are offering £47k, but they haven't even been to see the house yet (they are booked for a viewing on Thursday, and we have a second viewing booked for one hour before them).

    I'm thinking of holding the offer until after viewings, as the other people might be interested as well. Also, I think they are in a bit of a rush, and that we can try to bring the price up to much closer to the asking price.

    Any thought on this?


    I think that is a good offer especially considering your timescale.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    More like this 2bed + upto 60k 1/2mile inc SSTC

    11/2 for sale/SSTC

    VERY low sell through ratio.

    60k and over 2bed only 18/3


    narrowing to 1/4 miles upto 60k 7/2 and 8/3 £60k+

    In the upto £60k category we have 2 3beds(1/4m) 4(1/2mile)

    this is the sold market in the last 12month

    Without looking at detailed(no floorplan makes it hard) comparisons it could be about right but waiting for a buyer.

    A developer/landlord may be interested but any hint of being in a hurry an they can squeeze you nuts aiming for over 10% gross yield.
    there is a £50k 2 bed for sale with tenant in situ and 8% yield just round the corner.
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