We emigrated a while ago, and prior to that we owned three homes in the UK (we are lucky, I realise that), two of which were rented out. We sold the home we lived in, and then sold one of the other homes when the tenancy came to an end. The other home was on a longer tenancy so we waited for that to end and then put that house on the market. The tenant had young children and a disability, so we agreed not to market the house until after they'd moved out so that it didn't make life difficult for them, they were a lovely family so we didn't mind at all. (Sorry, trying not to drop feed.)
It's on the market now at 20% below the realistic bottom end market value to try to get a quick sale, its in a very popular area where houses don't often come up for sale and its in immaculate recently redecorated condition (all neutral colours), we had a full structural survey done too at our expense to show viewers. We are paying a cleaner and a gardener to keep it immaculate. We've had lots of viewings, nearly all of which have turned into offers, which would be great, except every single one is at least £50k (normally £80k) below the asking price, and on a £200k house that seems a bit unreasonable. The estate agent can't understand it either, and I've checked with them to make sure they aren't saying anything to give people the wrong impression.
Am I just out of touch, is this what people do now? When our estate agents have gone back to them they've all refused to up their offers saying they can't afford anything more. So why look around in the first place? Am I being unreasonable?
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AIBU?
To think that you don't view a £200k house if you can only afford to pay £120k?
94 replies
StarsInTheNightSky · 15/06/2015 14:58
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