to ask about the offer somebody made on my house?

[sweetmoonbeam]

Hi,

My house has been on the market since the end of April. It is a nice 'solid' three bedroom property, semi detached with a big garden, but it's dated inside (e.g. no shower, very 70s kitchen) - this is reflected in the price of course, as it was when I bought it.

It's on the market for £130,000 and to give an idea, a more up to date property on the same street sold for £155,000 recently. At any rate, a man (and his dad and grandad!) came to look at it last week and then again yesterday. Yesterday they looked very thoroughly - in the loft and in the cupboards and so on, I don't mind this but then they made an offer this morning - of £110,000.

I was/am taken aback by the low amount offered. There's no way I'm going to accept it - my property doesn't have a mortgage and so whatever I get for it dicates what I go on to buy (I am moving to cut down my commute.) Properties in the area I want to buy in are a similar price and I wouldn't be able to buy anything at 110! So I said a (firm) "no" and that was that.

Now he wants to visit AGAIN. This involved a visit at around 7 in the evening and I get in at 6:30 so delays my meal, means him poking about for a good hour or so, stresses the cats out (!) - I don't know whether to say to the estate agents that I feel he's wasting my time and please don't bother with him, or if I should grin and bear it again?

Thanks!

Thanks for the replies. The main issue is that as I have said, I do have to live somewhere and I couldn't buy anything for £110, nor even £115 - I'd struggle at 120, to be honest, although I'd be able to find something (small) for that. If I can't sell the house at £120 + then I will just have to stay in it - those are the options.

Really, it isn't on the market for an excessive price, I promise and it has been on for less than a month so I am not too panicked. The man in question is welcome to return but I just hope we don't have days/weeks of £111? No? £112

Happy house buying, all!

Well, tell him 7:30pm if 7 isn't going ot work for you.

I don't mind, DontmindifIdo - it's just a PITA if they aren't going to make a serious offer!

He wouldn't be coming back for a second look if he wasn't considering increasing his offer.

Your move intrigues me a bit, as you haven't done up the house since you bought it. You could have added more value to it before selling.

i agree.

you don't have to spend a fortune - it's amazing what a lick of paint will do. kitchen cabinets can look a lot better with a new coat of paint. and if you can stretch to a new bathroom suite that would be perfect. solve the shower problem.

i know it's hard work - i do all my own painting and spend evenings doing it.

Every house I have viewed since October has sold only to reappear later .one silly agent sent me one today with a big red new on it and I viewed it at Xmas.

Ok, he put in a cheeky offer which was rejected so now he's having another look to see what he's prepared to raise it to. It always fascinates me that we buy houses having only seen them once or twice - if I was buying an expensive piece of clothing or furniture I'd probably go back to look again more often than that!

We bundled up our three kids - including one who was sick in bed - and decamped to the back room of the pub across the road (luckily the owners were friends) for half an hour so the guy who wanted to come for a second evening viewing of our house in Brighton could have another look. He was gay and I thought he needed to be able to see the house empty so that he could imagine himself living in it which would be difficult with three kids at home in a small space. He put in a full price offer the next morning! Good luck.

If you are mortgage free, is there a reason you can't get a mortgage for your next place? Yes, you are already taking a hit in real terms with moving costs (solicitors, etc.), but plenty of other investments are losing money, so you are at parity with that situation.

Also, I'd like to know why it is only offers which are cheeky and not asking prices!

As you can tell from my post, yes, we are househunting. However, that doesn't make my position and opinion invalid, as I represent the other half of the transaction you are supposedly interested in completing!