A really good house has just come on the market.
The problem is that the owners and their agents know me. I used to live very near the owners and the agents sold my house. (This concerns me as they would know what I sold for and the agents might tell them who I am if they didn't know).
The house is on for 275k. They bought it for 250k in 2005. They rented it out for a year, then moved in and out of it within a year, put it on the market for 340k! with a notoriously pricey agent a year ago but didn't sell it, and then have tried to rent it without success for about the past 6 months. I know from one of the neighbours that they only tried to rent it in the end because they couldn't sell it (at the price they wanted).
Where would you start with offers? And what would you go up to?
My inclination is to think that they are trying to get their 250k back before the market does something awful??????
Up late tonight, unable to sleep!