Owning your own home

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ReekBlefs in reply to @Grumpy_Git

Bid first. View after?

This is exactly what's happening. We had an offer of £25k over asking, unseen, if we'd cancel the remaining viewings on our place. It's insane out there.

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danb in reply to @ReekBlefs

Yeah - seems mental.
We had 30 viewings on our place at the weekend - 10 initial offers apparently, including one 40k over - going to best and final tomorrow....

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mustardbeak in reply to @danb

I would want to know how they are funding that before accepting. If they need a mortgage, they will need to bridge that themselves as the valuation won't come in a 40k over.

Personally I would be wary of huge offers over, as their intention could be to secure and chip the price down later.

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