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Buying a house off a landlord

2 replies

Fluffycloudland77 · 20/02/2012 20:07

Our landlord wants to sell, the market value is 209,000 but he is talking about being open to negotiation as we are such good tenannts.

What would you offer? it needs new windows all round and it has no bath but I dont know if that would affect the target market of I presume families?

We are in a bit of state about it tbh.

Tia.

OP posts:
AKissIsNotAContract · 20/02/2012 20:10

If you are certain the market value is £209,000 I would offer £190,000. You can always go higher if necessary. Remember you are saving him money and hassle if you buy it.

Good luck, I bought my first flat this way.

oreocrumbs · 20/02/2012 20:41

Have you checked online to see what the local sold prices are. It might even tell you what your LL paid. Once you are happy that you know the value, you can decide what you want to pay for it, and then put in a much lower offer. as AKiss said you can always go up!

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