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 Would you buy this house?
We had an inspection done on a house. It came back that there was 6 inches of water under the house. If the problem was fixed before you bought it would you buy the house. It is in the location that ...


 Is it not suspicious to buy a house with cash?
What will happen if I would purchase a house in England with cash? Is it suspicious? Will I have any problems in the future?
Additional Details
By cash I mean WITHOUT A MORTGAGE, not to ...


 How do you deal with a rude landlord who also has rude employees?
Every time I go pay my rent, the property owner yells @ me, & his employees act very snobbish & belittle me....


 Which is a better purchase? A home that needs a lot of work for $90k or a home ready to be moved into at 150k?
I'm in the process of purchasing a new home. The home I'm currently in the process of buying I can get for $90k, but there's a ton of mold in the finished basement, it needs a new roof,...


 What can a normal person do about the gas prices??
I know that the gas prices are high everywhere, but here in Arkansas, it seems we have the highest. Most of us live up in the mountains and we have to drive in town to work, how can we cut the price ...


 My tennant has stopped paying me rent because im selling my house?
last month i gave my tennant 3 months notice as i intend to sell my house. her rent is paid by housing benefit and she tops it up by way of standing order because her benefit does not cover all the ...


 Why do people buy a home they can't afford and get a mortgage that isn't fixed rate?
Now look at these idiots. Forclosures surging and people making late payments. I saved for my home for 17 years and then in 2003 put a huge downpayment and got a fixed rate @ 5.25 %...IT CANT MOVE ...


 I went to an open house alone. Now the selling realtor is claiming I have to use her to write the offer.?
I went to an open house and now want to make an offer. Do I have to use the selling realtor? I have a realtor that I know that would like to offer with, and don't feel comfortable using a ...


 I just brought my house and i don't want to keep it. Is there any clause to get out of the house?
I just purchased a home 30 days ago. Not satisfied with the house and I want to know if I can get out of the house without penalty....


 Pay rent in cash?
Is it common for apartments and other rental units to not allow their tenants to pay rent in cash?...


 Is there anything wrong with living in a hotel?
I thought it would be ok because you don't have to pay utilities. Whats wrong with living in a hotel?...


 How to pay a loan off quicker?
I asked a question earlier about how to pay a loan off earlier. I think some of you misunderstood my question. I am not in debt over my head and I have money set aside for emergencies. I only wanted ...


 Can the maneger in my apartments charge this?
Houton,TX. I move out and my apartments are trying to charge me for dirty carpet and writing on some walls. I also had my TV mounted and he wants to charge me for the tiny holes for the screws. I was ...


 How do you get rid of a renter that hasn't paid rent or utility bills in 3 months?
...


 I rent for $800 a month. Would it be better to buy a condo and pay a mortgage even though my mortgage payments
would be $1500 a month? Should I continue to rent or invest in a property? The $1500 rate is a hypethetical estimate. I live in RI....


 I am on the deed with my ex boyfriend but he is the only one on the loan. Do I own the property with him?
I loaned him 40,0000 as a down payment and I went on the deed and he took out the loan in his name only. He tells me I do not own any of the house and will not pay back my 40,000 loan that I gave him....


 What area of the usa is nicest to live in?

Additional Details
I live in southern cali. I don't like too much rain. I don't like hurricanes, who does? I'm looking for a quiet but not boring town. any ideas??...


 Is it worth buying a house for only three years?
I will be stationed at a military base for 3 years. Is it worth buying a house just for the 3 years I will be stationed ...


 Renting vs. Buy a Condo.?
My fiance and I are paying $715 for rent on our apt. We are in St. Louis, MO. We have been in apartments for the past 2 years and dont want to keep wasting money on them.

We found a nicer ...


 Please help. I'm being evicted.?
I've got myself into a bit of bother. I'm behind on my rent as the council did not recieve the housing benefit forms. I really thought that my mother posted them for me, but they didnt ...



sam c
House for sale 134,000 what do we offer?
never bought before no idea what we are doing....what is a good starting offer and how do we apporach the purchase?
                     
 




Ian M
It depends on the house in question. If the house is newly on the market and you think there will be a great deal of interest, don't waste time and go for the asking price. If the house has been advertised for months with nary an offer you have a lot more freedom on your offer perhaps starting somewhere around 119000 - 124000 depending on the neighbourhood and housing market.

Best of luck!


2103ajay
I guess it just depends on how much you want that particular house. If it the house of your dreams then the asking price is acceptable but bear in mind interest rates may go up again soon


sam g
Rating
Personally I wouldn't make the first offer anything below £125k. That way, they know you are serious, and will not just dismiss it.

It also depends on how long the house has been on the market, and how many other people are interested. Just remember, the Estate Agent is not on your side.... they get a cut of the selling price, so they want to sell the house for as much as possible. They may turn around and say there are other ppl interested, just to make you offer more money.

Speak to the owners directly, and tell them about the offer you are making. This way, they know the facts first-hand. Estate Agents have a way of twisting things to their favour.

I would say, that 125k, would be a good price.

Good Luck...


Dr
The housing market is experiencing difficulty at the moment. I was going to put my house on the market a few months back. The agent valued it at £125,000 - but told me to realistically expect offers around the £120,000 mark.

My advice would be to offer no less than £130,000. Any less than this and the vendors will chuck it back at you (a good estate agent will persuade you to up your offer before he puts it forward though). £130,000 is a good starting point. Do not be afraid to walk away. Remember, you are in control. You have the money.

Talk to the estate agent.


**tomtom
Rating
Find some fault with say central heating or bath or wall paper and negotiate accordingly.
A good starting point if you are a first time buyer is also to day that you have an agreed mortage and you are willing to buy right away.
Start with between £127K-£130K
good luck


Marky
Rating
Find out how long its been on the market. If its a long time, lower your offer.

I would offer arund £125K and tell them you are first time buyers (ie no chain which is desirable). If they reject, then offer up to what you think it is worth.


Rothiequine
It all depends on how many other interested parties there are. If there's nobody else start low, you never know how desperate the seller is to sell, also let them know you are ready to buy now and are not in a chain, many sellers find this attractive. If on the other hand there are plenty of interested parties it depends on how desperate you want the house, you may have to offer the full whack, but get the house surveyed to find out how much it is worth.


NY PTK
That depends upon where you are. If the market you are in is very competitive, sometimes people even offer more then the asking price. It happens where I am. However, if you are in a normal area, I would consider 130K. That is reasonable, but I wouldn't offer below 127K.


s.waters1@btinternet.com
How much do you want it,Is there much work need doing to it,Good area,how long on market.You need to ask yourself these questions then make your offer.Perhaps start at £125000.


nina m
Depends how bad you want it. I would start at £125000


needmorecubes
Rating
I'd offer about 127K (ish) all depends on the survey report as well remember, we got ours from £117k down to £110,000 and £2000 cashback on completion, downside is, £3000 for a complete rewire as part of the mortgage (survey report). Highest I'd go, £130K, then walk away....


beachlover
Rating
find out what is selling around that area you can email and ill do a pencil search and find out latest sales for you.

you may want to read this article before you make a offer it could save you alot

http://www.directlendingplanet.com/article6.html

never knew you could get the seller to pay some of your closing costs.
this article opend my eyes


dixie58
first see how long the home has been on the market.second the home should be inspected so there are no surprises later and a title search on the home and property to be sure it is not used as collateral for any loans and that no one else has a claim to said home and property.see what the property taxes and house insurance will cost .the age and condition of the septic system,well,plumbing,hot water heater,furnace appliances etc. you really must be careful if all seems in order and the home in good condition ,free of termites ,mold and the foundation and roof and electrical are all in good condition then like this if the home has been on the market for a year or longer i would offer 111,000 up to 121,000 and probably no more.if it has been on the market 6 months or less i would offer 125,000 and go up to 130,000.keep looking do not get locked into something you may regret,there are many places for sale.remember it is a buyers market not a sellers.good luck.


mandychavis357
Rating
If you are in the USA, go to your county's property tax website, you can see what the current owners paid, whats sold recently in the area and make an informed offer that way.


Ronin
Rating
You should use a buyers agent to negotiate. They have the knowledge and experience. You don't and you don't pay the commission the seller does.


charli
start at about 125k, if they reject raise your offer to 128k


Sorry deleted
You can find out other property cost around the area just to be sure,and take of 5 to 10 thousand of the real price ,the real price is what it really is worth and it may not be what they are asking for, you must stay calm at all times when offering,and be sure to see other houses and not fall only for the first one you have seen, its a good idea also to see what happens on a rainy day, does the wall get wet does the ceiling drip or any sign of water.
Also check the water,does it run with power on the sink-shower-etc.
Hope you find the house of your dreams and can really enjoy it.
good luck


deedee
Rating
offer 100,000. still have room to go up to meet them, but a reasonable offer should not be refused. goodluck.


livinfortheweekend2
Rating
I'd start at £120,000. Don't make your offer too low, they may have a better offer elsewhere and think you are not really serious.


Charlie Brigante
Rating
Gotta be in the states? No way could you get a house in the UK for that price any more. I'd offer 120k and go from there. Its probably too low, but then you can edge to 125k and come up with a reason why. The worst I'd expect is 130k


Mrs M
Rating
I sounds cheap enough, if you really want it offer the asking price.


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