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Confirm price of Property

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  • 27-02-2014 10:35pm
    #1
    TemujinKhan
    Registered Users Posts: 37 ✭


    Hi,

    I am 28 and pretty new to property, but myself and GF are right in the middle of it. We found a house that we like inside of our price range. The auctioneer(rep for the owner) has told us that the price at x amount is the baseline, and no offers below this will be considered. I dont have much experience with pricing, so Im not sure if this is a good price or will I be paying a premium.

    My question is: Can I get a third party to come and value the house? (to give me piece of mind). And is this standard procedure?

    Side Question: When I want to make an offer, is there any formal way to do this? or do I just call the auctioneer/estate agent?

    Thanks,
    Kevin.


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    #2
    MouseTail
    Registered Users Posts: 1,663 ✭✭✭MouseTail


    TemujinKhan wrote: »
    My question is: Can I get a third party to come and value the house? (to give me piece of mind). And is this standard procedure?

    Side Question: When I want to make an offer, is there any formal way to do this? or do I just call the auctioneer/estate agent?
    .

    Have you looked on the Property Price Register to see what price similar houses in the area went for? It is standard procedure to get a valuation (in fact your Bank will insist on it), after your offer has been accepted.

    no formal way to offer, just phone the agent.

    good luck 😊


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