Hi all, its been a while since I've posted here in AAM so here goes...
I'm in a position to purchase a house. We've found one that literally ticks all of our boxes with the exception that my OH will have to do the same commute he moved to the city to get away from 15 years ago. We also need a very specific type of property as I've medical needs that render 2 up 2 downs unsuitable and we currently live in a multi development apartment that we own, are currently paying 25% towards the capital of the mortgage so will pay it off early I suspect. I currently don't need to work for financial reasons, but would like to volunteer and we've no other high interest debt, clear credit and don't need a mortgage & would be unlikely to get one given my OH is an Architect.
My question is would be silly to offer the asking price simply because I have no interest in getting in a bidding war and we will be paying cash, that we actually have access to, its in a 7 day deposit account.
The asking price is 400K, not many houses go up for sale on this particular road, and the last one that did sold for 725K 5 years ago.
Thanks, I’m not trying to cajole anyone out of a fair price? Just not sure what to do, with that and don’t want to get into a gazumping bid war with the seller.If a cash buyer offered me the asking price for my property, Id assume there was more in the tank. There really is no guaranteed way to try and cajole a property sale.
Make an offer of the asking price and let it run its course. From what you say about previous sale prices, that sounds like a starting price.
Not a chance it’s MINE maybe we’ll see .Can you put up a picture of the place and directions to it? Wouldn't mind having a go at it myself. Ah no, but why is a house gone down in value so much in 5 years
We would have liked to avail of the deep retrofit grant but since the shambles of recent days, it’s probably not going to be possible.
That was never a runner, the application deadline for the pilot was back in July and there was never anything promised in terms of what would follow the pilot.
However, it’s not a make or break point for me, the works would need to take place irrespective of the deep retrofit grant.
when they come to their senses
Bit harsh, did you expect them to do you a favour and not seek the best possible price for some reason?
But holding out in the hope of a bidding war may not be the best course of action
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