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Glasgow South Housing Market

MrsFarrell888
Posts: 3 Newbie
We want to buy a house in the Southside of Glasgow. I feel that the market has somewhat become less crazy in the last few weeks.
Does anyone agree?
We want to buy a house that has been on the market for almost 3 weeks and has only had two viewings (including us!).
It's offers over but I think prices will go down soon so I was thinking of going below the prices over. What do you guys think?
Does anyone agree?
We want to buy a house that has been on the market for almost 3 weeks and has only had two viewings (including us!).
It's offers over but I think prices will go down soon so I was thinking of going below the prices over. What do you guys think?
0
Comments
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Three weeks isn't very long.
Nothing to stop you putting in a note of interest or making a lower offer. Depends how keen they are to sell I suppose.2024 wins: *must start comping again!*0 -
Your solicitor is probably best-placed to advise. No reason why you can't negotiate a price if there are no other notes of interest. Will probably depend on exactly where and what type of property you're talking about.0
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What area do you mean by "Southside"? The actual Scottish Parliament constituency of Glasgow Southside, or the south side of Glasgow? If the latter, which area(s)?0
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Neither the solicitor nor the mortgage broker want to advice. They say things like - pay what it’s worth to you, etc but it’s hard to get a definitive response. 😂0
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Sorry, I’m not from Glasgow. Shawlands, Newlands, Cathcart, Muirend and Kings Park - area.0
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MrsFarrell888 wrote: »Neither the solicitor nor the mortgage broker want to advice. They say things like - pay what it’s worth to you, etc but it’s hard to get a definitive response. 😂2024 wins: *must start comping again!*0
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What value does the home report say? The asking price is irrelevant, my guess is the O/O is less than the value. The home report is a guide to what you should offer based on any work needing done.
I personally would not pay more than the valuation. I have done this in the past & been successful with a few purchases. If you want to offer less it's up to you, depends how much you want the house.
Moneysaver0 -
Indeed, no point in offering more then HR valuation unless it's actually a closing date, or you're sure that it would have gone to a closing date were it not for your early generous offer.0
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