what should i offer ive seen it on the internet it what we want nice area 3 bedrooms central heating garage conservatory nice gardens please help first time buyer with 10,000 deposit
2006-07-11 02:14:00 · 11 answers · asked by deni-5 2 in Business & Finance ➔ Renting & Real Estate
Depends on what the protocol is for your area - for example I live in Sheffield and a house that goes on the market at 95k will sell for something around 100-105 - i.e. the listed price is a starting point for offers to go up from... however I realise most places do it the other way and my advice would be to offer enough to make the buyer think you're serious, but enough to let you refurb the house to your taste...87.5k as a first offer?
2006-07-11 02:24:07 · answer #1 · answered by eriverpipe 7 · 7⤊ 0⤋
Depends on so many factors. Ask how many viewings and offers they've had and how long it's been on the market. If lots of people have seen it, and nobody wants it, you can make a cheeky offer. If there;s a lot of people after it you'll have to make an offer that probably matches them. But if you're ready to move, and the other buyers are in a chain, you can still have some leverage, you could try undercutting them slightly but point out you;re ready to go. Always see what the estate agents says, they can be lying little gits, but some of them are worth talking too!
2006-07-11 02:22:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Offer 10% less. If they do not accept, offer another 5%. If you think the house is worth it, pay the asking price in the end.
From what you say, it seems to me the house is worth it, unless it is in a very poor condition or location.
2006-07-11 12:56:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Offer £89k if you like it and see what they say - if they say no and you really want it you can always offer more. Plus, you may get it for less.
As a first time buyer I paid more than the asking price (silly me) because someone else wanted it...but what I paid was less than they valued it at, so still a bargain really.
2006-07-11 07:44:10 · answer #4 · answered by MRSA+ 3 · 0⤊ 0⤋
Depends - if you really like it and don't think you could get anything as good elsewhere - offer the asking price. If you think that you wouldn't be gutted if you miss out - offer less. The more you don't think you'll be gutted - the more below the asking price.
2006-07-11 02:18:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Offer what you think it is worth, what you are willing to pay and how much you can afford.
Sounds like my new house, but mine set me back much more than that. All depends on area!
2006-07-11 02:18:07 · answer #6 · answered by izzieere 5 · 0⤊ 0⤋
find out how long it has been on the market if long time they might take offers, ask estate agents how many viewings they have had and any offers refused, go for 85k and see if they refuse, you can allways raise your offer if they do.
2006-07-11 02:21:24 · answer #7 · answered by gazgittings 1 · 0⤊ 0⤋
dont insult them..offer 86,500. then go up a grand, if thats refused ask them what they are willing to accept
2006-07-11 10:30:44 · answer #8 · answered by busted 2 · 0⤊ 0⤋
It depends on whether you are in Scotland or England.
2006-07-11 02:22:26 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Thre is better and cheaper trust me i have owned 10 houses that are way biggeerrr.......
2006-07-11 02:21:12 · answer #10 · answered by Anonymous · 0⤊ 0⤋