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First time buyers- seller won't lower price after survey

2»

Comments

  • 980233
    980233 Posts: 197 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    sabzzox said:
    user1977 said:
    Did your survey include a valuation?
    Yes they valued at £167,000
    Thanks everyone for your replies
    As valuation didn't come in under agreed price you have no foundation to ask for a reduction. 

    Getting it to 163k by the vendor is a bonus so you shouldn't look a gift horse in the mouth. Either take it or walk, the vendor was silly as I would never consider that. 
  • TripleH
    TripleH Posts: 3,188 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I was lucky having practical parents with a good experience of properties and the pitfalls when I was a FTB. There were a couple of properties I was interested in that I was convinced I should not proceed with by them.
    Not everyone had the knowledge (mainly from experience) or family they can rely on to turn to for in depth advice.
    We may think some of what has been raised is obvious but the questions are sensible (it's just the expectations need an adjustment).
    May you find your sister soon Helli.
    Sleep well.
  • lincroft1710
    lincroft1710 Posts: 19,128 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    . Late Victorian properties will always have more maintenance than newer houses its part and parcel of ownership.
    The house was built in 1935, over 30 years after the end of the Victorian period
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • . Late Victorian properties will always have more maintenance than newer houses its part and parcel of ownership.
    The house was built in 1935, over 30 years after the end of the Victorian period
    Right you are. Think I merged the date from another similar post I saw. 
  • 980233 said:
    sabzzox said:
    user1977 said:
    Did your survey include a valuation?
    Yes they valued at £167,000
    Thanks everyone for your replies
    As valuation didn't come in under agreed price you have no foundation to ask for a reduction. 

    Getting it to 163k by the vendor is a bonus so you shouldn't look a gift horse in the mouth. Either take it or walk, the vendor was silly as I would never consider that. 

    Definitely a Billy Bonus here. Bite their arm off!
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