Buying a house and putting an offer in today. Buying a house and putting an offer in today.
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    Default Buying a house and putting an offer in today.

    At last I've found a house that I like in the country and near a pub.

    I'm putting in an offer today, 20k under the asking price and wanting a few things added to it.

    Any advice or tips with negotiating or buying a new house?

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    1. Find out how many others are interested in it/have had viewings/put in offers
    2. Let them know your position - have you a chain? What is your timing? Can you be flexible on dates?
    3. Don't start negotiating things you want/don't want until the vendor comes back rejecting your first offer.

    Last house I bought, I went in at £40k below the asking price, pointing out I had no chain and was happy to move when the vendor was ready to. The agent told me straight away that it would be rejected. I told them to put the offer on the table anyway, so that the vendor knew I was wanting to start negotiating.
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    Quote Originally Posted by woohoo View Post
    At last I've found a house that I like in the country and near a pub.

    I'm putting in an offer today, 20k under the asking price and wanting a few things added to it.

    Any advice or tips with negotiating or buying a new house?
    If you are not embarrassed by an offer, it is too high. Was buying a house a few years ago and was about to put an offer in 20k under. Then went for 30k under and it was accepted.
    Where there's muck there's brass.

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    Ddraig Goch

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    Quote Originally Posted by woohoo View Post
    At last I've found a house that I like in the country and near a pub.

    I'm putting in an offer today, 20k under the asking price and wanting a few things added to it.

    Any advice or tips with negotiating or buying a new house?
    how much is the house?

    Personally, I'd put in a low offer as long as its not a piss take (i.e.house aint £50K I presume!). Someone else will be cheeky enough to do it.

    (Ever sold anything on gumtree - can guarantee whatever it is some chancer will offer you about 1/4 of whatever you've advertised something before because "they've got cash waiting")
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    Quote Originally Posted by northernladyuk View Post
    If you are not embarrassed by an offer, it is too high. Was buying a house a few years ago and was about to put an offer in 20k under. Then went for 30k under and it was accepted.
    Well I put the offer in at 30k under asking, builders are working on it now so have asked for a few changes included in that price. Getting back to us tomorrow.

    As you said, they can only say no. Though, my Dad sold a house and was offended by a low-ball offer. He actually said to them he had second thoughts and put the price up. Got the asking in the end. But he has a way with money.

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    Quote Originally Posted by psychocandy View Post
    how much is the house?

    Personally, I'd put in a low offer as long as its not a piss take (i.e.house aint £50K I presume!). Someone else will be cheeky enough to do it.

    (Ever sold anything on gumtree - can guarantee whatever it is some chancer will offer you about 1/4 of whatever you've advertised something before because "they've got cash waiting")
    I'm not going to give the house price away but it's more than I imagined spending on a house. But had to raise the budget to get what I wanted.

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    Out of interest, roughly where is it?

    One trick that just occurred to me is to ask a couple of friends who don't live near you to put piss-take low offers in for the place, and then maybe your low bid won't look so bad by comparison
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    Quote Originally Posted by OwlHoot View Post
    Out of interest, roughly where is it?

    One trick that just occurred to me is to ask a couple of friends who don't live near you to put piss-take low offers in for the place, and then maybe your low bid won't look so bad by comparison
    Unfortunately, that suggestion is rather underhand and not my cup of tea. Also, i don't have a couple of friends!

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