Genie Posted March 11, 2011 Author Share Posted March 11, 2011 Cheers mate, I'll let you know when the VT party is going to be... Link to comment Share on other sites More sharing options...
kingphil Posted March 11, 2011 Share Posted March 11, 2011 Top banana - Just make sure you invite us all to the house warming party Link to comment Share on other sites More sharing options...
ender4 Posted March 11, 2011 Share Posted March 11, 2011 Just accepted our second offer (3k below their 'minimum', 12k lower than their original price) :mrgreen: :mrgreen: good one! Link to comment Share on other sites More sharing options...
ender4 Posted March 11, 2011 Share Posted March 11, 2011 a lot of the strategies depends upon the area you are buying in, how desirable the house is, and how much you really want the house. i bought my house a few months ago, it went on the market on friday, i viewed it on monday (for 5 mins), offered just below asking price on monday evening, rejected straight away, offered asking price straight away conditional on them not letting anyone else view it. They rejected that saying that they were going to see the people already booked to view it. Tues evening they rang & accepted my offer. my sister-in-law is currently trying to buy a house - twice she has offered asking price on different houses and has lost out because someone offered more. last week she offered asking price on another house, and was told if they offered 5% above the asking price, then they would take it off the market. She did so, and offer is now accepted. Link to comment Share on other sites More sharing options...
Genie Posted March 11, 2011 Author Share Posted March 11, 2011 I think in scotland its normal to offer more than the asking price isn't it? Link to comment Share on other sites More sharing options...
jonno_2004 Posted March 11, 2011 Share Posted March 11, 2011 Congrats Link to comment Share on other sites More sharing options...
YankeeinMadrid Posted July 23, 2011 Share Posted July 23, 2011 Bump! Just starting to look at houses...first time buyer. Think we're at an advantage as we don't have to sell to buy and can close quickly as mortgage is already in place plus 25% deposit. The problem I'm finding is that whatever your budget is, you're always sacrificing something and always want a bit more house or a bit better location. Any tips for a first time buyer?? Thanks! Link to comment Share on other sites More sharing options...
bully Posted July 23, 2011 Share Posted July 23, 2011 Open your bidding low, piss takingly low, the market is still very fragile. Link to comment Share on other sites More sharing options...
TheDon Posted July 23, 2011 Share Posted July 23, 2011 Check how long the house has been on the market for as well, the longer it's been on the more you can take the piss. Link to comment Share on other sites More sharing options...
YankeeinMadrid Posted July 23, 2011 Share Posted July 23, 2011 How low is piss takingly low? What would be considered on the market for a long time?? Looking in Sutton Coldfield area...walking distance to train station preferably. Link to comment Share on other sites More sharing options...
dudevillaisnice Posted July 23, 2011 Share Posted July 23, 2011 Which train station is this your on about? Four Oaks? or Sutton itself? Link to comment Share on other sites More sharing options...
YankeeinMadrid Posted July 23, 2011 Share Posted July 23, 2011 So far have looked at houses within walking distance of Wylde Green or Chester Road. Boldmere seems pretty nice actually. Haven't looked in Four Oaks or Sutton yet (generally more expensive and further from work). Link to comment Share on other sites More sharing options...
cheltenham_villa Posted July 24, 2011 Share Posted July 24, 2011 spend a bit of time in the neighbourhood. check how many other houses are for sale, lots on the same street could suggest neighbour issues. websites like zoopla can tell you sold prices in the same area. Link to comment Share on other sites More sharing options...
ender4 Posted July 27, 2011 Share Posted July 27, 2011 depends on the area, a nice house in a nice area will still be snapped up at asking price. an average house in a nice area, you can go 10% lower. a crap house in a crap area, you can go 25% lower. Link to comment Share on other sites More sharing options...
YankeeinMadrid Posted August 10, 2011 Share Posted August 10, 2011 Thanks for the tips guys. We've found one that we like and want to make an offer, but there is a problem. Before they will communicate the offer to the owner the estate agent wants us to come to their office and provide them with: ID, Bank info to prove we are in work and our earnings, an official letter from mortgage lender with approval AND bank details showing that we have the deposit money in our account. All of this before being "allowed" to make our offer. Is this standard or is the estate agent taking the Michael? I've already provided them with a letter from our financial advisor with approval from a mortgage lender and asking any estate agent to ask the advisor any additional questions, should they be necessary. The agent insists that we must physically go to the office with all of this info, or our offer can't be communicated to the seller. Really strange or standard procedure here? Some buyers market!! Link to comment Share on other sites More sharing options...
Davkaus Posted August 10, 2011 Share Posted August 10, 2011 It's certainly not standard, but I think if they've had a few piss takers or deals falling through, they can put any restreictions in they like. Link to comment Share on other sites More sharing options...
Genie Posted August 10, 2011 Author Share Posted August 10, 2011 I've heard of this being the case sometimes. It might be the wish of the seller that potential buyers are confirmed as having the funds before they are allowed to bid. Link to comment Share on other sites More sharing options...
YankeeinMadrid Posted October 23, 2011 Share Posted October 23, 2011 Bump Does anyone live in/near Moseley? Looking at a house there tomorrow just East of the High Street a few blocks south of St Mary's row. I looked at some crime stats and it doesn't look too safe. Commute to city centre seems to be 30mins max by bus. Anyone wanna chime in? Thanks Link to comment Share on other sites More sharing options...
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