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Buying Our First Home! Advice Needed.
Comments
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As people have said before numerous times, offer what you are prepared to pay, don't let the vendor wanting an extra £10K add any influence on what you want to pay.If you absolutely love the property (I guess the EA and Vendor know this), and you don't want to miss out on buying it, then you will have to stump up closer to the extra (maybe an extra £5K as a compromise).However, for me personally, I'd walk if the vendor doesn't even budge.Save Save Save
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We only mentioned we were in love with the house after the asking price went up. The Purple Bricks estate agent didn't even know the price had gone up until I asked her if she knew anything about it. She came back and said it was highly unusual as the seller had originally agreed to sell at the price it was listed as during the viewing. 🤷MFWannabe said:Bear in mind the EA / seller may be ‘playing’ you as you’ve said you’ve fallen in love with it, it’s your dream property etc
Remember the EA works for the seller0 -
You can give seller feedback through PB that they will see. We were advised to sell ourselves to the vendor and hope it's enough. We can't afford anymore than what we're offering and we've made it clear if our offer is accepted it will be our forever home - not a house flipping situation where you buy the house without viewing, do it up and selling on. Hopefully, this will go in our favour... hopefully.bravotango said:As people have said before numerous times, offer what you are prepared to pay, don't let the vendor wanting an extra £10K add any influence on what you want to pay.If you absolutely love the property (I guess the EA and Vendor know this), and you don't want to miss out on buying it, then you will have to stump up closer to the extra (maybe an extra £5K as a compromise).However, for me personally, I'd walk if the vendor doesn't even budge.0 -
The previous buyers pulled out. Why? Probably because the seller is a bit of a time waster constantly pulling these kind of tricks.
Save yourselves the heartache and start looking for another house.0 -
If they are hoping to sell in order to buy somewhere else, and perhaps hope to meet the stamp duty deadline, they may prefer to sell to you even if another offer is higher. It probably wasn't necessary for them to raise the price as it will find its value if several people are interested anyway. I hope it works out for you OP!1
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The previous buyer decided she didn't actually want the house when it came to signing the contract. Nothing to do with the seller as far as I'm aware!moneysavinghero said:The previous buyers pulled out. Why? Probably because the seller is a bit of a time waster constantly pulling these kind of tricks.
Save yourselves the heartache and start looking for another house.0 -
Thanks for your optimism. We've done everything we can as far as being potential buyers. I'm trying not to get too excited as the last time it sold within 6 hours of it being listed. Not sure if they're looking to buy somewhere else as the executor of the will wasn't related to the owner who is now deceased. But you could be right about the stamp duty.NatNat77 said:If they are hoping to sell in order to buy somewhere else, and perhaps hope to meet the stamp duty deadline, they may prefer to sell to you even if another offer is higher. It probably wasn't necessary for them to raise the price as it will find its value if several people are interested anyway. I hope it works out for you OP!0 -
Hopefully tomorrow will bring good news 😊0
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Offer what your willing to pay and if they dont take it walk away.
After a recent house falling through I have realised there will ALWAYS be another house that you will love.
Be mindful they might think its worth 10k more but your mortgage company may not agree and you will have to make up any difference yourselves if the seller wont budge0
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