 How risky would it be to purchase a home in "as-is" condition? |
| This is a banked owned property, built in 1975. I'm a little concerned because the bank sent off several pages of seller's release of liability forms. The bank is basically saying that ... |
|
 Someone broke into our house? |
| About a month ago someone broke into our house took all of our money didnt touch anything but our money. Come to find out it was someone we knew. A week later he broke in again and took the money ... |
|
 Can you be reimbursed from the landlord if you erect a garage on their property? |
| The person was paying half of the morgage,but his name was not on the morgage. He build a garage on the block plus other bits & pieces, but when he died she said he was renting from her. There ... |
|
 How can you buy a house without using a Realtor? |
| I've dealt with about 4 Realtors already in about 2 years trying to find my first home (in California) which has been so far a bad experience and unsuccessful. In my experiences thus far I'... |
|
 I live in the country and a person who owns property next to mine, is planning on building a house, but..? |
| People who know both of us, have told me that where he is planning on building, is like 75 feet over into my property. I own several acres, and I don't think he knows where the boundry is. SO... ... |
|
 What to ask the estate agent? |
i am viewing a house today for the first time. What are the crucial questions to ask?
Is there anything important I should take into account when on a house viewing and dealing with an estate ... |
|
| I brought my home 1yr ago, I want to refinance, my mortgage was setup with a 1st and 2nd mortgage? |
| Total I brought the house for 87000 and I owe about 85000 total between the two mortgages. First mortgage has an itnerest rate of 9.5% and the 2nd is about 12%. Is this a good time to refinance. In ... |
|
 Christmas caroling door-to-door? |
| Would it be Ok for door-to-door christmas caroling in apartment buildings? Should we get approval from landlord/building managers?... |
|
 Can a manager of a trailer park evict me ? |
| he says he wont renew my lease & when asked why he siad i just told you why. he did not give any reason. he says he has power of attorney to do so, but wont show any proof that he actually does.... |
|
 My landlord won't let me out of my lease but the neighbors are toonoisy. Complaining doesn't help. Now what? |
| I have complained and complained and complained to no avail. Are there any laws or anybody got an suggestions?... |
|
 If I share my walkway with my neighbour, do I own half the walkway? |
| The walkway is between my house and the neighbours, I want to move my wall accross, so I can have my own walkway. This is because I do not know who comes to their house and it would add value on my ... |
|
 Do i have to tell landlord or letting agent i will be claiming housing benefit while looking for a property??? |
| im leaving my partner with my 2 kids and going into private rented accomadation i will be claiming housing benefit, do i need to tell the landlord that i will be claiming housing benefit even if the ... |
|
 How long to sell a house? |
| how long does it take, if you have no problems and it all goes smoothly and you have a cash buyer.... |
|
 Where is a good country to move to? |
| I am planning on moving out of this county in 2013. I want to live somewhere away from all the problems and live in a neutral country. got any suggestions?... |
|
|  |
m_krishi | Buying a house, help!? |
we like a 3 bed house in york, UK. the price is £150,000. We like the hosue but want to pay around £140,000 only.
Can we make an offer of £140,000 or will that be too low as offer???
Need hel, thanks. |
 |
 
jessicas127
|
Make an offer. They can reject it if they don't like the price. They will also make a counter offer if ur price is too low. |
|
MAC
 |
If you don't ask, you don't get!! Good Luck! |
|
Rolsy
 |
Put the offer in at 138,500. They will refuse this (I expect) but they may be happy when you up your offer to 140,000.
You've nothing to lose! |
|
ben dover
|
the uk property market is in decline so your offer will be more acceptable under such circumstances. i recently got a house for 30k under its value just by offering what i wanted to pay not what they were looking for. whats the worst that can happen? they will try &get a little more from you. leave them to think about your offer over xmas |
|
q127
 |
I would probably make an offer of 138000 pounds so that there is some upward margin for negotiation. Good luck |
|
chris p
 |
depends, if you've got no chain and a secure mortgage offer you can try your luck, play on the fact that you've got no chain etc- usually the first offer is always refused though so dont be too down beat if it is refused. good luck |
|
♥deb b♥
|
Usually a good first offer is 10% off the asking price so i'd say it was a good offer to start. If they accept depends on if they have their eye on their next home or how long it's been on the market as it's been at a bit of a stand still at the mo. good luck. |
|
Mr Tripod
|
offer the 140, see what they say. |
|
gimp3836@sbcglobal.net
 |
Make your offer 130,000 Pounds (Sorry, I don't that character, I'm in the colonies). The worst that they can do is decline the offer completely in which case you can bump it up 10,000 Pounds (see above).
Best case is they accept the offer and you owe me 5,000 Pounds (ditto).
The middle of the road is they counter with an offer to sell for 140,000 Pounds (no more explanations) and you get the house for what you want to pay.
OK, I had a little fun with the money stuff but the advice is sound. And when all the smoke clears if you end up not buying the house for whatever the reason there will be other houses. Just remember, you are buying a house, not adopting a child so you should set aside the love affair you think you are having and look at this like an investment with fringe benefits.
Good luck and Merry Christmas... |
|
beebee
|
just make the offer,that's all you can afford... what's the worst that could happen? |
|
LuvMyPup
|
10,000 under is always a good place to start negotiating. |
|
Aprils
|
depends? do you really really like the house
and if nobody makes a bid on the house then they would go down on the house defo |
|
Butternut27
|
1.Look at how long its been on the market...and why are they selling? How soon do they need the money/sell the house?
2.also try to find out from the vendor how much they have on the mortgage and any other debts on it...sometimes vendor's will tell you
3.also go to hometrack and see what they paid for it
4.go to rightmove and findaproperty and see what similair is going for
5.How many other people are interested in this property...whats the competition and what is there situation?
This will all help you make a decision...£140K is still too high, if the market falls 5-10% and there is a high chance of that... where will that leave you? Consider this...Always start low you can always go up...but can never come down... |
|
mdagron
|
The £10,000 difference is only 6.7% under the asking price. Is the market going down like the US market? If it is then they may split the difference with you. If you only want to pay £140,000, then you have to go to £130,000. The split the difference after a few counter offers. However, they could just walk away from you and not let you bid on the house. Bidding (or selling) a house in a down market is bit like playing poker. Sometimes you win and sometimes you lose. MDM |
|
Ryan
|
My advice is wait a while. Last month saw the biggest drop in house prices since 1995. Dont listen to the hype! Prices do change |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
15 | 26 minutes(s) ago
| | | |
15 | 3 hour(s) ago
| | | |
15 | 8 hour(s) ago
| | | |
15 | 2 day(s) ago
| | | |
15 | 5 day(s) ago
| | | |
15 | 6 day(s) ago
| | | |
15 | 1 week(s) ago
| | | |
15 | 3 week(s) ago
| | | |
15 | 2 month(s) ago
| | | |
16 | 4 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
