Just low balled a project house. They put it on for 1 about 5 months ago, dropped it to 0.86 about a week ago and we offered 0.67 yesterday. Needs a lot of work. As far as we can tell we are the first offer. Wonder what they are thinking...
Tbf that is a bit of a kick in the nuts, but as with everything , it's just a starting point.
It's only worth what a buyer is prepared to pay, regardless of what the vendor or their estate agent thinks it's worth. Might feel like a KITN but it might still be a fair price.
Just low balled a project house. They put it on for 1 about 5 months ago, dropped it to 0.86 about a week ago and we offered 0.67 yesterday. Needs a lot of work. As far as we can tell we are the first offer. Wonder what they are thinking...