We were interested in a house in a very average area in Dublin in the summer and put a couple of offers in on it. We set a limit on the amount we were prepared to go based on our belief that the house was quite overpriced. Initially there had been several bidders who all pulled out as it reached the 520k mark; we went to 525k but there was a bidder who was determined to get it and offered 535k. We withdrew at that point and the final bid was accepted.
We have found out that the purchaser has just bailed as the sale was about to close. We also know the vendor has gone sale agreed on another house and needs to sell their house to make the move. We are interested in the house but only if we got it at the 520k mark.
Does anyone have experience in putting in a lower offer on a property when something like this has happened and was it accepted?
Many thanks
We have found out that the purchaser has just bailed as the sale was about to close. We also know the vendor has gone sale agreed on another house and needs to sell their house to make the move. We are interested in the house but only if we got it at the 520k mark.
Does anyone have experience in putting in a lower offer on a property when something like this has happened and was it accepted?
Many thanks