Another How Much to Offer Thread? (Sorry!)

furndire

That happened to us a few years ago. We just went back to the seller explained about survey, and offered the amount on survey ~ they took it. If you are unable to get the money ~ neither will anyone else wanting a mortagage. If another person offers as a cash buyer, they will also offer less (that's the advantage of being a cash buyer).
If they won't take it ~ walk away ~ with the proviso that if they change their minds to get back to you

Gambler

Well we've put the house out of our mind now and continue the hunt.

We have a viewing at a house tomorrow which we have seen before. It doesn't have the wow factor but is a good sensible choice as it is in the catchment area for top schools.

it has been on the market since last summer, originally up at £270K. It is 4 years old and the current vendors bought for £195K. The only reason they are selling is due to divorce.

The price has been dropped to £260K with the vendor paying 50% stamp duty. They have only had 5 viewings although interest has picked up since then.

How much to offer?



Another house new on the market in a sought after location at £250K. We have a viewing on Thursday but an open viewing is planned for the weekend. Seems a very good price for the area.

How should we play this one?

stolt

similar situation as you like a house that has been on the market since sept 07 it was on for £475,000 and it had a offer which they accepted and the buyer pulled out so its back on the market for £450,000, had a thread on here recently and put in a offer of £375,000, yeah cheeky I know but it was turned down in oooh about 5 mins but at least i knew they werent playing games by letting me hang on for a few days.
Havent spoke to the agent for since (been a week or two now) and was considering putting in a offer of £403,000 but were in no rush and were cash buyers but we do like the house, i also know that the sellers have their eye on another house.