Did you pay the full asking price ?

[Missisdoyle]

We are looking at putting in an offer for a house, which does not require anything doing,just cosmetic remodernisation & a new oven, but that's it. I t think it is worth the asking price, but DH (being a curmudgeonly miser )wants to offer less (£5 k). I think this could jeopardise our chances. What does one do in such circumstances ?

Complete. If we had pissed them off with a low offer they may well have walked away during the process.

20% under but that was 3 years ago. Took them 3 months to accept offer though.

We offered asking price, on condition it was taken off the market.

Reasons: very competitive area with few properties within our price range. We'd been looking for a long time.

Never regretted it. Property has gone up over 200k since we bought it 10 years ago. Well worth paying the extra 5k to secure it :)

it really depends.

some "asking price"s have been [deliberately or not] set go be a bit on the low side, for a quick sale, others a bit high, so much so that the place will likely stay unsold for a long time. you'd almost always end up paying asking price for the first place, almost never for the second.

my current place i think we offered very, very nearly asking price [say 98% of it] & then after a survey got them down to somewhere nearer 95% or a bit less.

We are currently purchasing and our offer was 5k under asking. Originally rejected we said ok, well we'll leave the offer on the table while we look for something else. They came back a day later and accepted.

The difference here is that the property had been on the market since January. In your position I wouldn't lose my dream home over 5k. The house we are currently selling (the house I love and the only reason we are moving is because we need more bedrooms) we bought five years ago. We viewed it the day it went on the market, knew it was the one for us and offered asking price on the same day in order to secure it. It completely depends on the circumstances.

Hm, I think it's hard if you have found the house of your dreams. We asked for £10k less (we didn't say it was cosmetic redecoration but that was why) and got it, no hassle. But we were willing to both go up in price or to walk away. If you're going to barter you need to know what your limits are.

We paid 10,000 under asking which was just over 4% off BUT the house had already been reduced by 10,000. The same week we completed some poor saps paid 10,000 more for a house about 8 doors down which I'd looked at and rejected as not as good as the one we bough (smaller, weird internal layout). So i think we paid a good price.

We paid asking price 2 out of 3 times. Both times we had been looking a while and would have been disappointed not to get the houses. The time we didn't was our first flat which was on with Foxtons, enough said I think!

It seems like a big deal at the time, in the long term if you're buying a home for a few years its really not. Unless ofcourse the house is massively overpriced in a Foxtonesque way!

We paid 25K under asking price. They were foreign, getting divorced and needed to sell up quickly and we were chain free.