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Putting in a low offer
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I moved three hours away a couple of years ago. Sold the house, went into rented, then was on the doorstep fir viewings and to get an idea of area. Is this not something you can do, rather than panic buying?3
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Unfortunately with the high rents and cost of moving/storing our stuff it will eat into our deposit too much. We are already priced out of the market.0
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I would definitely speak to the estate agent and say that I am very interested to see the house, but I need to make them aware that my top budget is 280K. Are they happy to book the viewing on this basis.3
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[Deleted User] said:Unfortunately with the high rents and cost of moving/storing our stuff it will eat into our deposit too much. We are already priced out of the market.
Anyway, obviously your choice, but don't just buy something for the sake of it - the market might settle (lots of hysteria and houses falling through).£280k is a realistic offer.0 -
There’s a lot of properties that have been in the market for quite some time here (south east) - prices not being realised but this really is only for though over £500k. Lots of reductions occurring, and not much hope of sale as we get closer to Xmas.30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.0
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[Deleted User] said:It probably won't work in this market but I'd like to pitch it as best I can. FTB with no chain, mortgage approved in principle0
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Slithery said:[Deleted User] said:It probably won't work in this market but I'd like to pitch it as best I can. FTB with no chain, mortgage approved in principleI don't see FTB as anything different from chain free.0
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It depends where it is and what type of property it is; e.g. for a 1 bed flat in London I’d say it’s a perfectly reasonable offer, a 2-3 bed house in a nice area of the Midlands/North etc would be a completely different story.
I’d be far more concerned about offering on a property you haven’t viewed. If I was the seller, unless I was desperate to sell and had no other offers on the table, I wouldn’t take you seriously as a buyer. Especially when you offer below asking.1 -
Have you registered with the EA , met them in person?0
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Treehoger1 said:I would definitely speak to the estate agent and say that I am very interested to see the house, but I need to make them aware that my top budget is 280K. Are they happy to book the viewing on this basis.1
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