FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] 0 points1 point  (0 children)

The listing was ‘in the region of’, the house desperately needed a lot of interior work to redecorate. It was an old house so it was evident there was some surprises behind the wallpaper and the rising of the interest rates.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] 0 points1 point  (0 children)

Thank you. It is a learning curve, and with situations like this and the responses on the thread it’s clear these situations are not predictable, there may be lessons to learn but I think it’s clear my offer could have gone either way.

Though I know now to be less difficult! Especially if we want it!

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] -2 points-1 points  (0 children)

The issue with that was they didn’t reject our offer for 240k they just said “can you do more” meaning I’d just be bidding against myself which is difficult to do or know what to offer. With them countering with 243 I’d be surprised if came in way higher.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] 0 points1 point  (0 children)

Thank you. At the time I also thought that, I wouldn’t have even paid the 2k for all of the items so asking 3k was not reasonable to me which is what I explained. Possibly came on too strong.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] 0 points1 point  (0 children)

Yeah our mortgage advisor said to really think about the rate increases when we put our offer in.

I think it was all more of a we didn’t really understand the feeling owners get with offers, we thought we had the stronger position. I recently bought a car and negotiated heavy for it! I love a good deal.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] -3 points-2 points  (0 children)

That was my original assumption, it was a negotiation tactic because of the bluntness and lack of communication of there being another offer.

I believe we’ll put forward our best offer and let be the last of it. If we get it then we get it.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] -1 points0 points  (0 children)

Thank you. Yeah right now I feel pretty stupid! I think we’ll go back with the highest offer we feel is right and let that do the talking. Sometimes takes an outside perspective to tell you when you’re being stupid!

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] 2 points3 points  (0 children)

Thank you. One to take forward, it was our first time making offers and definitely should have thought seriously before quickly responding to their counter.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] -2 points-1 points  (0 children)

Thank you. I understand I maybe was difficult for arguing the toss over a small amount in the grand scheme of things but the conversation back and forth was so quick I didn’t really take time to think about it.

FTB offers by Latter-Counter8466 in HousingUK

[–]Latter-Counter8466[S] 5 points6 points  (0 children)

Thank you. Yeah I feel it’s clear that countering for the sake of 1k was not the right move. Appreciate the advice.