Vendors Divorcing - want to put in a cheeky offer

176 replies

Isitover23 · 13/08/2023 09:31

we viewed a property a few weeks ago that is over our budget.

It was originally on for £950,000 in May and has since been reduced twice by £25k a time, and is now advertised for £900,000.

we know they are divorcing but the EA said they aren’t in a rush to move! It’s a lovely house but does need a bit of work. We are in the South.

if we were to offer, we would want to put in a cheeky offer and I was thinking 15% below the asking price (£765,000). We aren’t in ‘love’ with it so wouldn’t be too sad if the offer isn’t countered! But this seems like a lot of money and is nearly £100k less than what they paid for the house last year when they bought it.

has anyone has any experience with a vendor divorcing, as I would think they would just want to see to enable them both to move on?

thanks

OP posts:

XVGN · 14/08/2023 19:15

BlueMongoose · 14/08/2023 18:46

I get tired of saying this, but
.........if you really want a house, offer what it is worth to you. Offering more is daft and offering less is risky (if you offer less and piss off the vendors, they may even rule you out regardless even if you offer what you really do think it is worth later on).

If you don't really want it, walk away and don't mess the vendors about- no vendor likes their time wasting, nor will their agent who may have other houses you may want to offer on, and these particular vendors have enough problems without you adding to them by raising their hopes of a sale you don't appear to be all that interested in anyway.

Yep, Charlie said the same on his most recent video for Buyers - Offer your maximum comfortable amount. No need to explain or justify it. And just walk away if the offer is not accepted.

That offer may be 15% over or 15% under - it doesn't matter.

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