If a house is on the market with a 'guide price' - how much are sellers willing to negotiate? We are looking at houses at the moment. There is one which we have yet to see, but it ticks some of the boxes. It is currently on the market for just over 400k, and has been on the market for nearly half a year.
It is not the most convenient location (idyllic - yes, but it's actually a little bit far from normal civilisation, i.e. it's a village rather than a town). Closest railway station is probably over 10 miles away, no proper public transport - so you definitely have to have a car. The closest proper town (not just big village) is about 25 minutes away by car. It seems to be in an OK state, but to really make it a nice property, it will require some modernising.
We are obviously going to look at it, but I just wanted to check - would owners accept offers in the 390k region? Basically, just a bit above 96% of the 'guide price'?
I am new to this home buying thing. I know people who have had 530k offers accepted on houses on the market in excess off 550k - so I think both my husband and I need to be a bit more brazen sometimes.
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Buying a house - the trouble with offers...
6 replies
SnowBells · 02/04/2014 13:51
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