If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Cash Sale, Should I Tell EA??

Independance · 2013-05-21 12:03:46

Hi just wondering, I'm interested in a house, have a bid in and nobody has outbid us yet, but just on the off-chance we do get outbid and it goes nearer the asking price (current bid -11%) should we make a bid and tell the EA it's a cash price in the hope it would be excepted over others. Eg: House price: €230k, our bid…

Options

21-05-2013 1:03pm

#1

Independance

Registered Users Posts: 48 ✭

Join Date: July 2012

Posts: 27

Hi just wondering, I'm interested in a house, have a bid in and nobody has outbid us yet, but just on the off-chance we do get outbid and it goes nearer the asking price (current bid -11%) should we make a bid and tell the EA it's a cash price in the hope it would be excepted over others.

Eg: House price: €230k, our bid €210, counter bid of €220, new cash bid of €215k

Any experience from other cash bidders would be helpful, how did you bids progress?

Thanks in advance

0

Comments

Options
#2 21-05-2013 1:59pm
pwurple

Closed Accounts Posts: 12,449 ✭✭✭✭

Join Date: February 2007

Posts: 12134

Tell them now your current bid is cash. It makes a big difference to a seller.

0