I've come across a "do-er up-er" thats there for 250K. It's got the potential, and I reckon we can manage the cost. Unfortunately the bank will only offer us 170K, and we've 50K in savings.
Clearly that puts our upper offer at 220K, but it'd be best if we could minimise the mortgage amount.
In the current market, what a "reasonable" low first offer on a 250K asking price?
Would 190K be insulting and get us off on the wrong foot?
200K?
???
Thanks
Clearly that puts our upper offer at 220K, but it'd be best if we could minimise the mortgage amount.
In the current market, what a "reasonable" low first offer on a 250K asking price?
Would 190K be insulting and get us off on the wrong foot?
200K?
???
Thanks