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offer 15% less ???????
Comments
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15% isn't far off the mark depending on what area you're in.
My business partner is still trying to sell his home, it initially went on the market last year at £310,000 (at what an identical neighbours house sold for the same month).
With three failed sales it's now advertised at £272,000 and He says He'll feel lucky to get £265,000 and would gladly take it.
This is a very up market area of Kent, houses there are hemorrhaging money and I feel pretty sorry for him actually, it's a pretty tough time right now.0 -
at 272k he's going to struggle to get offers over 250k in the current market, with the stamp duty thresholdIt's a health benefit ...0
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So the decision to accept an offer may come down to an accountant hitting a few buttons on a calculator, as there is no emotional attachment.
you would think so , but no they are prepared to wait. i would of offered 670k had they not told me an offer of 700k was turned down.
the place needs a full refurb what do they expect in the current market ??????
full refurb will cost 20-30k. could be more depending on what 16 windows and 3 double glazed doors cost.0 -
you would think so , but no they are prepared to wait. i would of offered 670k had they not told me an offer of 700k was turned down.
the place needs a full refurb what do they expect in the current market ??????
full refurb will cost 20-30k. could be more depending on what 16 windows and 3 double glazed doors cost.
But has the decision maker seen the property and even if they have, do they appreciate the work involved/required? Thats the problem when dealing with the number crunchers, they don't always appreciate the property condition or local market conditions.0 -
BP can wait for ever though. A few 100k aint gonna make a dent in their balance sheets. ;-)0
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So the decision to accept an offer may come down to an accountant hitting a few buttons on a calculator, as there is no emotional attachment.
as it isn't owned by someone who needs the equity for their next place they wont be in a hurry and it will come down to a figure their accountant has!0
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