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Second offer on house

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  • 11-06-2013 2:16pm
    #1
    Boardieman
    Registered Users Posts: 54 ✭✭


    (private)


Comments

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    #2
    jethrothe2nd
    Registered Users Posts: 579 ✭✭✭jethrothe2nd


    I certainly wouldn't be telling the estate agent what you are approved for. It is none of their business. Put in an offer of what you are prepared to pay for the house, and tell the estate agent the offer is good until XXXXX. Having said that, I wouldn't be tempted to rush in with a significantly higher offer. If the house has been on the market for three years there obviously isn't any significant level of interest. If the owners aren't willing to negotiate to a price you are comfortable with, then walk away.


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    #3
    miezekatze
    Registered Users Posts: 1,341 ✭✭✭miezekatze


    I agree with the previous comment, I wouldn't tell the EA what you're approved for either. It doesn't matter if you're approved for more money or not. If you think the property is worth X then that's what you offer. Even if you were approved for 250k, if you don't think the house is worth that much then you shouldn't offer that amount. There will be other houses coming up, and in your case it seems like the sellers are being a bit unrealistic about what they can get for the house. If even the EA says the seller is difficult then you might be better off looking elsewhere.


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    #4
    Boardieman
    Registered Users Posts: 54 ✭✭Boardieman


    Thanks for the advice. Much apprec


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