Making An Offer With An Estate Agent In Forest Hill.

When we are thinking of an offer, it is natural to be tempted to give them a lower then low offer, which may be considered cheeky. You can try and slash the asking price a great deal but that also carries the risk of you losing the property all together. If you can, get the property valued then that will give you a realistic look at what they are asking. You will then know if you can drop the price or that the house is actually worth the price they are asking for.

Do you know if the person selling house is in a rush or not. Ask your estate agent in Forest Hill to find out. It could be they have to get the house sold as soon as possible because they have the deadline of a child on the way or a job starting, so they could be in a position of accepting a lower than normal figure. If they have the luxury of waiting and they are not in any rush, then it'll be more than likely they will only accept the asking figure. So it would be handy for you to get that information.

Your estate agent in Forest Hill will be able to let you know if there have been any offers made previously and how many offers have been close to the asking price. You will get a good idea of what response you will get with your offer.

Now it is time to make your offer. You have researched the value of your property and you now understand the sellers circumstances and you are crystal clear on your own circumstances and position you are in.

You can go into the estate agent in Forest Hill or you can contact them via telephone to make the offer. If you are going to offer the seller the asking price, you make sure they take the property straight off of the market, so no other buyers can come in and have the chance to take it off you.

To make sure you still have an opportunity to revise the amount, make sure your offer is subject to a survey and mortgage offer.

If you are making an offer below the asking price, make sure you have a good enough reason to for that reduced offer. It could be :

You have seen a property very similar to the one your buying selling for a lower price and the market is no different from then.
You may have to spend some money on the house, for example a new stairwell or some work doing on the roof after you move in so you may want to knock that off of the asking price.
Your budget only allows for the amount you are offering.

By: Charlie Covington

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