1st time buyers

jonewer

By the way, if you hate money, I will gladly collect any excess cash you may have lying around in your house, bank accounts

ihatemoney_2

Hello

We have now got an offer in on a property we are very interested in but the sellers are sticking to their guns on the asking price - how / should we play the game now to negotiate price??

Bf109

Wait....... for a while....... re-iterate your offer........wait..... lower your offer.....

KiKi

Depends how much you want the house.

How much do you want this place?
Is it really, really worth it?
Can you afford to pay more?

My vendor wouldn't budge and I knew this was the house for me so I offered the full asking price. But if it's just 'a house' and you don't really want to offer more, then stick to your guns for a while. There's always the chance someone will put in a higher offer in the meantime, but you take that risk.

tux130582

im currently offering 215 on a house on for 230k, I think like the last person said it depends on how much you want it, With this particular house I would definately want it but only at the right price and im willing to wait.

I also offered 235k on a house which was 250k (couldnt borrow anymore at the rate we wanted) but the house sold for the full asking price and I was gutted!!

mcdelarich

Me and my girlfriend are just in the process of buying our first home (we have rented for 3 years) - we had to put down a 15% deposit, plus fees - it has cost us just over £20,000 altogether. That is on a £92,000 house - fantastic little find.

I would highly recommend using an independant mortgage advisor - and checking your credit score, make sure any debts (if any) are up to date with payments etc.

Biggie

ihatemoney wrote: »

Hello

We have now got an offer in on a property we are very interested in but the sellers are sticking to their guns on the asking price - how / should we play the game now to negotiate price??

get a bit of background on the vendor first

- is it chain free ?
- are they purchasing a house linked to the sale ?
- why are they moving ?
- how long has the property been on the market ?

all this will give you an idea how desperate they may be to sell,

depending on the part of the country and area I thing asking price is a but unrealistic.

as mentioned depends on bady you want the house ?.

also how long have you been looking, when I first started looking I got over excited and use to like nearly every house I viewed. After a while I realised what I was after then it took me two years to put an offer in :eek: .

due to exchange next week so fingers crossed it all goes well.