We have been trying to buy a house since august and have been unlucky on a few properties.
One we like has been on market 6 weeks and is advertised as 'offers over'.
Our max mortgage budget at the time we saw it (5 weeks ago) was 3% under their asking price so we went in with our maximum offer as what we could afford.
It was rejected.
The house is empty and now the vendors are trying to rent it out at the same time as selling it as they havent had the interest in buying it. They have not contacted us to say that they would reconsider our offer.
Its now 5 weeks later and due to pay increase and coming into a bit more money we have been able to get our AIP increased slightly. This would mean that we could go in with a revised offer of 1.5% less than asking.
If it was you and you had a house that was advertised as offers over, but it was sitting there empty and in 6 weeks no one had snapped it up, would you consider a 1.5% reduction or would you reject it and wait for the offer over asking that you want?
I have checked out the details and the house is owned out right and has been a rental property for the last 15 years. The vendors live over 150 miles away. (Im aware none of this makes any difference to the offer they want)
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Would you accept an offer of 1.5% less than asking?
Difficultyear2015 · 25/10/2016 15:07
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