I've posted on here a few times - we've been trying to sell DM's house since last August and had all kinds of setbacks with fraudulent estate agents, forged signatures and so on.
With that and the fact that DM had an unusual house that was tough to sell, she didn't get a buyer til January. We've been desperately searching for a property since - I'm going to be living in the main house with DP and DC, and DM is going to live in an annexe. It's been impossible trying to find anywhere with the room to build the annexe and of course, prices have been rising.
On Saturday we finally found a house within budget and that has the most marvellous space - plus the annexe is more or less already built. Such a huge, huge benefit as we were expecting to have to build from scratch. It's the only house like it that's come up in 6 months of looking every day.
It's very unloved and needs LOTS of TLC, which is fine by us. We offered full asking price....but then so did two other people on the first day of viewings......we had been hoping that due to its poor condition other people would be put off....
So it's best and final offers today and I am BRICKING myself. We've offered a good price that's well above asking - but it's nowhere near 10% extra. Been checking out best and final threads on here and it seems that people have been offering 10-15% over in order to secure a property. We're nowhere near that!!
I was feeling like we had a decent chance of winning, but now I'm thinking we probably don't. We've done our best with the price but have had to take into account that building work needs to be done, plus repairs. I've told the estate agent why we want it so badly, and that we're proceedable, don't need a mortgage to buy, and there's no chain below DM (hers is a cash buyer). We're near the Welsh border/West Mids.
Best and final offers have to be in by 7pm tonight and then apparently we should hear shortly after. I'm going to be a bloody wreck all day today!!!