Thinking of buying cork

[ellie2]

Sorry now I know this question has probably been asked loads but just looking for some advice. Ive seen a house I really like, currently guiding at 250k. I have mortgage approval.

Ive been told there is a offer of 225k which happened to be made on the day i went to view for the second time. House has been on market 3 months.
I want to put in an offer well below the 225k.

What do people think houses are going for at the moment, below the guide price. How do I put in an offer for lower than what she told me she has as an offer?
Any advice would be grateful.
Thanks

 

[HMC]

Ellie,
Don't believe the hearsay about 225k offer. You've no evidence.
Make an offer in writing (fax or email) and stipulate a deadline by which the offer must be accepted or rejected. Mean what you say but be prepared to walk away.
HMC

 

[neilster]

i would totally agree ...we have offered 180k on a 220k reserve for our ideal house in longford ,2500sq ft with a builders finish....we have trailed this house for 2 years from 325k ...the guy sold it at 215k to two teachers ....he nearly crowed on phone declining my offer ...

i have a mortgage approval but sold a little land (i farm) and with our two deposits we had the 180k on a cash offer so decided to resist the banks lure

anyway to cut story short one of these teachers is on contract so no mortage approved even though there was 100k annual income .

but guy is emboldened now and still talking nonsense about higher price but we are going after properties that suits our cash offer. so i am ringing auctioneers and they like that scenario or approval . There take is the only things selling are cash offers so they are tailoring vendors to that new reality so i would treat the offer you were told about as rubbish and the only houses worth going for are the neglected (in other words the vendor has resigned himself to being roasted) ..if you hear of another offer walk away ...come back in six weeks ....you will lose an odd one but the value could 25% of a mortgage

Most offers are not backed by cash or a mortgage and even though you may think everyone loves this property it often isnt backed by the cash you have ...

 

[falabo]

Ive been told there is a offer of 225k which happened to be made on the day i went to view for the second time. House has been on market 3 months.
Thanks

HAHAHAHA this game hasn't stopped yet ... Gosh will Ireland never learn ??