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House Price Crash Forum

drukuk

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About drukuk

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  1. Thanks guys, the whole thing just goes round and round my thoughts without a decision being made, i think it's due to it being a fixed price as this tells me that this is the price they expect, one thing i do know is its not worth the fixed price they are asking as it will caost a lot of cash to refurbish it. cheers.
  2. Just viewed a property in Scotland, it's on the market at a fixed price of £250,000, it has been on the market since last March, the price was dropped from £270,000 at the end of last year, the proberty is needing a lot of upgrading including a re-wire, the windows are double glazing but are old type which were installed in the mid 80's and they have a very small gap in between the glass, the house has loads of windows from floor to ceiling it also has a lot of flat roofs. The home report stated a present value of £300,000, there has been 3 or 4 other viewers, the people that are selling are in their early 80s and would like to move to a smaller house in another area with easy kept garden as the garden on this property is large and takes a bit of looking after at present. We like this property but don't have a clue what price is normally acepted with a fixed price in Scotland, we also would't pay the asking price due to the amount of work that would need done as this would take us way out of our budget we also think that this is the reason other people are being put off.
  3. looks like it will be going to a closing date, this has put me off as i only want to put a low offer in which may not be worth it now.
  4. Hi, I spotted a house for sale in Scotland which is very badly damaged inside due to burst pipes, the price is for offers over £100,000 which in my opinion is too high I am told by the sellers lawyer that one other party is interested i do know 3 other parties were put off due to the extent of the damage, they have further viewings but I've heard nothing from them since last weekend when it was the first open viewing. My present house is payed off so i can easily raise the cash needed on my existing house, i supose the problem with other buyers is that you may find it difficult to get a mortgage on the damaged property My questions are, What is the average pricein this present climate people pay when it states offers over. Can i put a verbal offer in firstly with a reduced price, if so is this my last chance gone and could someone else put a slightly higher one in or will the seller start negotiating. If i put an official offer in can the same as above happen.
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