You are reading a single comment by @NickCJ and its replies. Click here to read the full conversation.
  • An update on my on-going saga

    Asking is £X50K
    Initial offer was £X25K
    Second offer accepted at £X40K.
    Valued by Halifax at £XK
    Went back to Foxtons said, don't want to pay £40K over value.
    Took it to vendor. Vendor said they have a private sale of £X10K (not involving agents)
    I say let's meet in middle £X20K
    Vendor comes back and would do £X30K as he needs to cover his fees and costs
    I said £X25K - that's my final offer and about as much "over the value" I can wear and we're going to have to walk away from the sale if it's a no.
    He's taking it to vendor....

    Points to consider:

    1. Private sale, is this just a bluff? To bump my "over the value" figure?
    2. Foxtons best interest would be to sell to me otherwise they get £0 - if indeed there was a private sale.
    3. May have to walk away.
    4. A house, bit further away, not as nice but a v good option is £80K cheaper...

    waiting....waiting....

  • Private sale is almost certainly bullshit. If there's a workable alternative then make that point to the vendor and sound like you're walking away - let them chase you rather than negotiate against yourself.

About

Avatar for NickCJ @NickCJ started