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house up for sale 450k, whats a good starting offe

124

Comments

  • Any chance of an update OP?
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There is a poster on here at the moment with a house on at £400k who is desperate for a quick sale and knocking 25% off to try to achieve it.

    Every seller's situation is different.
    You don't know until you try.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    There is a poster on here at the moment with a house on at £400k who is desperate for a quick sale and knocking 25% off to try to achieve it.

    Every seller's situation is different.
    You don't know until you try.

    Do you post on every thread?:confused:
  • dolcevita
    dolcevita Posts: 37 Forumite
    Do you post on every thread?:confused:


    Now, now mr.b.
    Don't upset the natives.



    OP - I would start the bidding at 350k
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    dolcevita wrote: »
    Now, now mr.b.
    Don't upset the natives.



    OP - I would start the bidding at 350k

    How you doing stranger?
  • If somebody made me a derisory offer for my home, I would instruct the agent not to pass any further offers to me from that client. A fair and reasonable low offer would be welcomed even if refused. Fortunately, this has not happened to me.

    Equally, if I make a good offer for a place and they refused, I would not expect them to change their minds a week later and accept. Sadly, this has happened. I made an offer at 98.5% (£360K on a £365K asking price) and it was refused. Looking again.

    lts
  • dolcevita
    dolcevita Posts: 37 Forumite
    I made an offer at 98.5% (£360K on a £365K asking price) and it was refused. Looking again.

    lts

    Because you offered so much, maybe the vendors think you're a sucker?

    (no offence intended)
  • I started lower, at £345K.

    I'm sure that they will come back to me to accept. After their initial refusal, I hope I find somewhere else this weekend.

    lts
  • dolcevita
    dolcevita Posts: 37 Forumite
    I started lower, at £345K.



    lts

    That's what you should have stuck at.

    You're still looking so you don't sound desperate for that house.

    hang in there and good luck in your search.
    and don't pay more than 75% of asking
  • ixwood
    ixwood Posts: 2,550 Forumite
    I'd say you were lucky! A 365k house is very likely to be overvalued at the minute.

    Why people are still willing to pay crazy prices now, when it's obviously a very bad time to buy amazes me. Madness.

    There's going to be a lot of expensive lessons.

    I think it must be HPCers crying wolf for so long (5 years?).
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