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Author Put in an offer for a house today (UPDATE 11.6.08)
c20let
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Registered: 25th Jun 05
Location: Aberdeenshire Drives: VXR Astravan,Evo 9GT,mr2 tbo
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4th Jun 08 at 21:26   View User's Profile U2U Member Reply With Quote

....and it got refused

i had looked at it a couple of weeks ago, and it came to a closing date today.
it was advertised at offers over 135,000. there were 2 notes of interest.

i put in an offer of 167,250, (i had previously had 165,000 turned down).
turns out i was the only one to offer, and it still got rejected. i phoned his solicitor, who said he was looking for 170,000.

cant beleive an offer 32,250 over asking got turned down, seeing as im the only one to offer!

ah well, i have a feeling he will be getting back to me soon. greedy

[Edited on 11-06-2008 by c20let]
Ecosse Sport
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Registered: 5th Jun 02
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4th Jun 08 at 21:38   View User's Profile U2U Member Reply With Quote

Properties still seem to be going for well over the asking price up here, even though there's not as many people putting in offers.
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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4th Jun 08 at 21:41   View User's Profile U2U Member Reply With Quote

fucking stupid property market up there

Offers over £135k and they wanted £170k...why the fuck not just say offers over £170k
ash_corsa
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Registered: 15th Apr 04
Location: Shrewsbury
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4th Jun 08 at 22:32   View User's Profile U2U Member Reply With Quote

Offers over £135,000 means £135,001 to me!

the property market is so silly at times
Russ
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Registered: 14th Mar 04
Location: Armchair
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4th Jun 08 at 22:34   View User's Profile U2U Member Reply With Quote

thats the Scottish market ash
John
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Registered: 30th Jun 03
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4th Jun 08 at 22:42   View User's Profile U2U Member Reply With Quote

If it's in a half decent area they'll be wanting 30% above, I know it sounds stupid and agree you should ask for what you want but the percentages for a certain area are normally well known and you offer to suit.
mav
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Registered: 19th Jun 01
Location: Scotland
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5th Jun 08 at 03:21   View User's Profile U2U Member Reply With Quote

Usually 10-15% extra over the asking price is norm up here..
myke
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Registered: 7th Feb 01
Location: High Wycombe, Buckinghamshire
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5th Jun 08 at 10:13   View User's Profile U2U Member Reply With Quote


em sesufnoc dnaltocS
John_C
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Registered: 5th Mar 03
Location: South east, Bromley
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5th Jun 08 at 13:26   View User's Profile U2U Member Reply With Quote

i'd leave it and rent somewhere nice wait for the market to come down over the next couple of years
John
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Registered: 30th Jun 03
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5th Jun 08 at 15:22   View User's Profile U2U Member Reply With Quote

MArket in Scotland is still on the up, the market everywhere else would be too if people didn't listen to the media.
c20let
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Registered: 25th Jun 05
Location: Aberdeenshire Drives: VXR Astravan,Evo 9GT,mr2 tbo
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11th Jun 08 at 16:57   View User's Profile U2U Member Reply With Quote

quick update:

the guy got back saying hed accept 169k, and i could move in at my chosen date, (not 15th august as hed originally stated).
so i offered that pending survey.

2 days later the survey comes back between 155k and 160k, but surveyor has put value down at 160k. so not willing to pay 9k over survey, i go back and explain to sellers solicitor and get an offer of 162k in.

today, rejected , seller is adamant his house is worth 169k and that he will get that price.
The way things are going up here right now, i can see him struggling to sell at that price. i will look elsewhere though.
--DAN--
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Registered: 3rd Feb 03
Location: Bottesford. Drives;3 Series
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11th Jun 08 at 17:01   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Cosmo
fucking stupid property market up there

Offers over £135k and they wanted £170k...why the fuck not just say offers over £170k
John
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Registered: 30th Jun 03
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12th Jun 08 at 14:35   View User's Profile U2U Member Reply With Quote

We don't get gazumped at the last minute like you do down there though, i'd rather have ours tbh.
--DAN--
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Registered: 3rd Feb 03
Location: Bottesford. Drives;3 Series
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12th Jun 08 at 14:57   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John
We don't get gazumped at the last minute like you do down there though, i'd rather have ours tbh.


Getting gazumped is shite, but why say offers over 130k when you want no less than 170k?? Must waste a lot of peoples time I know if I can comfortably borrow 180k that I can look at the houses that are in that bracket, how do you know what you can look at in Scotland when the asking price is totally different to the price on the advert?
John
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Registered: 30th Jun 03
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12th Jun 08 at 16:11   View User's Profile U2U Member Reply With Quote

As above, the percentage fo the area you are looking at is usually well known.

So although it is stupid you still know where to look and how much they are expecting.
--DAN--
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Registered: 3rd Feb 03
Location: Bottesford. Drives;3 Series
User status: Offline
12th Jun 08 at 16:16   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John
As above, the percentage fo the area you are looking at is usually well known.

So although it is stupid you still know where to look and how much they are expecting.


I see, if it works and stops people getting gazumped then I quite like the idea.

 
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