ash_corsa
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Registered: 15th Apr 04
Location: Shrewsbury
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Went to see a house the other day, really liked it.
Going to see our mortgage advisor again at the weekend but wanted to know what is a 'sensible' first offer to put in?
The house is up for £135k, new to the market
Owner moving in with her boyfriend so no new house to buy, just pocketing the profit.
Paid £75k for it 7years ago
Whats an acceptable offer that you think they may take? i know its hard to say but dont want to look a cunt offering waaay too low and dont want to offer too much
Been lookin at houses for over a year now and this is the 1st one that we have really liked and can afford.
Any ideas?
We were hoping 10%, does this seem realistic? We would then incorporate the 10% drop into our deposit so we dont have to front any cash, 'gifted deposit' scheme.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Not the best of sellers to try to bargin with - they arent in a chain and needing the money and its new to the market.
I'd probably go in with a lowball offer first of all to test it out, houses arent really selling that fast at the moment and you may find they want the quick sale. And if not just take it from there.
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Robbo
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Registered: 6th Aug 02
Location: London
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Try £128k
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Russ
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Registered: 14th Mar 04
Location: Armchair
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dont move in with your gf. you will regret it forever
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Robbo
Try £128k
Id go lower than that first of all, at the most £125k.
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Robbo
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Registered: 6th Aug 02
Location: London
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Really? Worth a kick I guess, I just took 95% tbh
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Robbo
Really? Worth a kick I guess, I just took 95% tbh
Its worth going around 10% under imo. Sellers always try to push the value a little over what its really worth, so may get lucky with a lower value.
Its a buyers market so no harm in trying it, they can only say no and you can make a decision from there.
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ash_corsa
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Registered: 15th Apr 04
Location: Shrewsbury
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What you reckon to 90% - taking the piss or worth a go? 
Whats the worst that can happen!?
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Robbo
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Registered: 6th Aug 02
Location: London
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quote:
Originally posted by ash_corsa
Whats the worst that can happen!?
Yarp
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ash_corsa
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Registered: 15th Apr 04
Location: Shrewsbury
User status: Offline
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Cheers for the input fellas 
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Fad
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Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
User status: Offline
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quote:
Originally posted by ash_corsa
What you reckon to 90% - taking the piss or worth a go?
Whats the worst that can happen!?
I'd easily go in at 90%
I manage a new build flat development two identical flats sold within two weeks of each other. One person paid nearly 40k less than the first person....when I saw the lease I almost cried for them.
From talking to my boss he reckons the market wont stabilise for two years now.
Another occurance was our family friend went to view a house round the corner from me which was up for 280k and he jokingly offered 250k and she rang him up the next morning asking him if he would honour it?
Don't ask dont get basically..
[Edited on 15-10-2008 by Fad]
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Danny P
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Registered: 20th Nov 02
Location: Cleckheaton, West Yorkshire
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The house I want was up for £130k. It had been on't market for a while with no offers at all, so I thought balls to it, and offered £95k 
Needless to say they said no
Doesn't hurt to ask though, they can only say no
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Fad
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Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
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Danny thats just ripping the piss
You will find some stubborn people at the moment as they will be in negative equity
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Colin
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Registered: 4th Apr 02
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Theres a house for sale over the road from my parents, its o/o 180k though. Think its out of reach just now bit it would have been ideal!
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Colin
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Registered: 4th Apr 02
User status: Offline
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http://www.remax-scotland.com/PublicListingFull.aspx?lKey=e4f25e43-65f6-48eb-bd60-7ece871faef6&Index=2
Probably looking for 190-200k for that...............
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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over the road from the oldies :O you must be insane
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
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My house was up for £135k; I offered £100k as it was in such a piss poor state and stunk of stale fags smoke and I didn't really want it anyway; she refused.
After the £100k cheeky offer, I offered £120k which I thought was more realistic, she refused but 4 weeks later came back and asked if I'd honor it, I said no hows about £115k, she said make it £117,500 and we'll deal and I said no what about £116,500 which she accepted, £18,500 under the asking and the credit crunch wasn't heard of then!
[Edited on 16-10-2008 by LiVe LeE]
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Colin
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Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by AK
over the road from the oldies :O you must be insane
On site, handyman, gardener, cleaner etc
Its a nice street, one of the best in my shabby town!
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stubbsy05
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Registered: 23rd Oct 02
User status: Offline
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I'm looking at one thats on for £129k, started at £146k.
I'm offering £100k-£105k as the woman wants to move out the area as all her family dont live round here anymore.
Always start low. I know you can feel a bit of a cunt for doing it but you'll be surprised at what you can get.
Earlier this year I negotiated the following:
£189,950 down to £145,000
My mate who is a FTB negotiated a £100k flat down to £90k in his first offer!
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Adge
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Registered: 28th Aug 04
Location: Lancashire
User status: Offline
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took me 3 offers to get my house but that was 2 years ago when the market was strong!
97.5 k Rejected
100k Rejected
105k acepted
house was up for £110k!
i know regret not holding out for 100k as i think i would of got it but was impatent and over excited!
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Twiggy
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Registered: 15th Oct 04
User status: Offline
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i would say 110k mate worst they can say is no!
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