B
BruceGoose
Guest
My first post here, So greetings all.
Im looking to purchase my first house (cash purchase). It's a new build even though it was built 3 to 4 years ago, No one has lived in it, It is the 2nd last of 8 houses left for sale, And i need some advice on what i do first.
Do i
1. Negotiate a price with the seller first and then go ahead with a structural engineer to do a survey on the house
Or
2. Get the survey done first and then negotiate a price with the seller ?
I myself would have thought to negotiate a price first because the way i see it is that if i get the survey done first then im shooting myself in the foot in terms of negotiating. The house is €220,000 and if i have the survey done and then i offer €200,000 the seller might just reject that offer as he will think to himself that i the buyer have had the survey done therefore i am seriously interested in the house, So he may reject my offer as he will feel i will come up to asking price.
But an engineer has said that having the survey done first might work to my advantage as he says with experience of doing structural survey's that he would expect about 100 major/minor problems (snag list right ?) and then with this i could negotiate the price with the seller.
So is there anyone out there that can lead me in the right direction in terms of what to do first ?
Thanks for reading
Im looking to purchase my first house (cash purchase). It's a new build even though it was built 3 to 4 years ago, No one has lived in it, It is the 2nd last of 8 houses left for sale, And i need some advice on what i do first.
Do i
1. Negotiate a price with the seller first and then go ahead with a structural engineer to do a survey on the house
Or
2. Get the survey done first and then negotiate a price with the seller ?
I myself would have thought to negotiate a price first because the way i see it is that if i get the survey done first then im shooting myself in the foot in terms of negotiating. The house is €220,000 and if i have the survey done and then i offer €200,000 the seller might just reject that offer as he will think to himself that i the buyer have had the survey done therefore i am seriously interested in the house, So he may reject my offer as he will feel i will come up to asking price.
But an engineer has said that having the survey done first might work to my advantage as he says with experience of doing structural survey's that he would expect about 100 major/minor problems (snag list right ?) and then with this i could negotiate the price with the seller.
So is there anyone out there that can lead me in the right direction in terms of what to do first ?
Thanks for reading