Hello, just been to view a property we like today which is up for offers over £435,000. We put in an offer a few hours after viewing for £437,000. The property is not my ideal property, it’s a property to live in for now, we like it but don’t love it, however it’s our favourite area and below our budget so more affordable for us. There would be some renovations and it’s currently tenanted so would need them to leave (due to end of month) before we incur any costs.
Upon putting in the offer, the estate agent rang me back shortly after saying the owner has said there is too much interest to accept my offer now but they would accept £450,000 now. Do I hold my cool? I’m not going to £450,000 but could go to £440,000, but for all I know my offer may be the only one on the table.