I would really appreciate some help as my mind is going round in circles!
We are currently renting in a village and have been looking for a few months for a property to buy. We are limited to quite a small area (by choice) so not much has been coming on. Now we are at the spring market a property has come up that I LOVE! We thought we would have to buy a three bed and save to extend but this has four beds and a reasonable garden.
Looking back on Rightmove there are probably only 3-4 suitable properties that come up per year in our search area that would fit our requirements. I think this property is overpriced at £495,000 but it’s about what someone is prepared to pay and it’s a popular area. We were the first to view on Friday and offered £475,000 the same day. This has been rejected as it is new to the market and they want to get more. We have a second viewing tomorrow and I know there are other viewings booked.
We can stretch to asking price if necessary but I’m not sure if it is worth it? I don’t know that we would get something better though and I have mentally moved it!! What would you suggest in our position - if we still like it tomorrow to offer say £490,000 or wait and see if anyone else offers? We are in a great position being chain free but I don’t want to overpay and don’t want to lose it!!
Any advice welcome 