I was the under-bidder on a house where the highest bidder has pulled out. The agent called me to give me a right of first refusal, and said that the vendor is willing to come down off the agreed price. This is because the first sale was agreed at significantly over the asking price (7%) and the bidding was between me and the purchaser who ultimately wasn't good for it.
My dilemma: I don't want the house going back on the market. It's buoyant in the area, and a neighbouring house has been sale agreed at a higher price. Do I make an offer that's above asking but below where sale was agreed last time, or go to my last bid (which was pipped by the ultimately unable purchaser)?
All thoughts welcome!
My dilemma: I don't want the house going back on the market. It's buoyant in the area, and a neighbouring house has been sale agreed at a higher price. Do I make an offer that's above asking but below where sale was agreed last time, or go to my last bid (which was pipped by the ultimately unable purchaser)?
All thoughts welcome!