| |
Major Site Upgrade in Progress |
|
Liam
Beginning Saver
Joined: 06 Oct 2004
Posts: 29
Cash Points ££ 180.00
|
|
|
 |
|
 |
|
 Posted: Fri Oct 22, 2004 2:36 am Post subject: How much should I offer on a property I want to buy ? |
 |
|
|
 |
|
 |
|
|
|
|
If the house is on the market for £150k, then how much should I realistically offer for it ? £140 ? or less in the current market ?
Any advice appreciated. |
|
|
|
|
|
|
|
Deborah
Veteran Investor
Joined: 12 Jul 2004
Posts: 418
Cash Points ££ 1730.36
|
|
|
|
|
|
|
| Posted: Fri Oct 22, 2004 10:57 am Post subject: |
|
|
|
|
|
|
|
|
|
|
Well, you could offer 5% less than the asking price, thats about £142.5k
Then up the offer depending on what their reaction is to say 145k |
|
|
|
|
|
|
|
cardjunkie
Professional Investor
Joined: 24 Jul 2004
Posts: 311
Cash Points ££ 2248.20
|
|
|
|
|
|
|
| Posted: Sat Oct 23, 2004 12:53 am Post subject: |
|
|
|
|
|
|
|
|
|
|
Your offer will depend on how much the house is worth to you.
I would offer £140k as a starting and then the rest depends on how much you want it. |
|
|
|
|
|
|
|
cashman
Beginning Saver
Joined: 01 Oct 2004
Posts: 49
Cash Points ££ 140.00
|
|
|
|
|
|
|
| Posted: Sat Oct 23, 2004 12:02 pm Post subject: |
|
|
|
|
|
|
|
|
|
|
If your a first time buyer or paying with cash then you will have a stronger case with the seller so can offer less.
You can always adjust the price if things come up in the survey |
|
|
|
|
|
|
|
coffee
Stranger
Joined: 24 Oct 2004
Posts: 3
Cash Points ££ 15.00
|
|
|
|
|
|
|
| Posted: Tue Oct 26, 2004 2:36 am Post subject: |
|
|
|
|
|
|
|
|
|
|
I put an offer into a small terraced property a couple of years ago, they were asking £66k, I offered £60k and was turned down. The estate agent called me up about a month later saying that they would now accept my offer.
I told them okay, I now offer £58k. Well they did not budge and I left it and bought another better property. |
|
|
|
|
|
|
|
housebuyer
Money Saver
Joined: 02 May 2005
Posts: 81
Cash Points ££ 2815.22
|
|
|
|
|
|
|
| Posted: Mon Oct 30, 2006 8:11 am Post subject: |
|
|
|
|
|
|
|
|
|
|
Don't trust the estate agents !
They will do and say anything to drive prices higher !
Try to communicate directly with the vendor. |
|
|
|
|
|
|
|
Sarah
Money Manager
Joined: 16 Jul 2004
Posts: 831
Cash Points ££ 12024.38
|
|
|
|
|
|
|
| Posted: Tue Oct 31, 2006 11:37 pm Post subject: |
|
|
|
|
|
|
|
|
|
|
Its good to get a comparison with how much recent sales of similar properties in the area have gone for, there are now many websites that provide this information.
After you have this list, next you want to compare the house your thinking of buying with this list i.e. size of bedrooms, condition.
Is the house in line with the others ?
Also look at the housing market is it hot or is it cooling in the area.
Whats motivating the seller to sell ? Do they want a quick sale ?
All of these are factors in determining the right price to offer the vendor. |
|
|
|
|
|
|
 |
Online Finance Tools & Calculators |
 |
| Credit Score Calculator |
Easy to use online Credit Scoring tool - Calculate your credit score now online for FREE ! using the Moneyforums.co.uk credit scoring tool. Also TEN Tips on improving and mainting a good credit rating ! |
|
| Quick Health Calculator |
Easy to use quick health calculator to help you get started on the path to fitness. Calculates your body mass index (BMI). |
|
| "When will I die ?" Calculator |
Calculate when will you die based on your current life style and then more importantly what you can do about extending your lifespan ! |
|
| Mortgage Calculator |
Easy to use online Mortgage calculator tool - Calculate how long it will take to pay off your mortgage and what your monthly repayments will be as well as interest charged per month per each year. |
|
| Savings Calculator |
Use the flexible savings calculator to estimate the amount of interest you would earn given a level of monthly savings, with many optional settings. |
|
| UK Tax Calculator |
Check your tax and NI liability using this easy to use online tool. Outputs, Tax, Ni, Net pay and gross pay on an annual, monthly and weekly basis, also estimates your tax burden and the number of days a year you work for the tax man ! Plus lots of tax saving tips. |
|
|
 |
|
 |
|
Money
Forums Guides |
|
| Credit
Card Stoozing |
The
following guide explains the basics of credit
card stoozing in a step by step basis. |
|
| Discount
Vouchers |
Online
discount vouchers giving upto
50% off in stores such as Dixons,
Tesco, Avon, Currys, Boden and more. Many
of the vouchers are time limited - So check
back regularly |
|
| Money
Saving Guide |
Guide
to saving money on household bills & personal
finances - Start saving thousands of £'s
every year TODAY ! |
|
| Savings
Tree |
A
guide to Savings Accounts, from Cash ISA's to
Regular Savers to Premium Bonds, all explained
in an easy to understand manner. |
|
|
Users
Groups | Profile
| Messages
| FAQ | Sponsers
& Links | Member
list | Recommend this site | Top Money Saving Sitee
© 2004 - 2007 Moneyforums.co.uk / Market Oracle Ltd - Asserts copyright on all topics & posts made on this site. Moneyforums are open forums, and thus posts are NOT endorsed by Moneyforums.co.uk / Market Oracle Ltd . Any and all information provided within the Website is for general information purposes only and nor is or shall be deemed to constitute, financial or other advice. We recommend that independent professional advice is obtained before you purchase any product and/or service. All tools and guides are provided as is for general information purposes only.
|
 |
Website Designed and Mantained by Walsoft.net |
 |
| |
