We saw a rundown but ripe with potential house last night that is on for a very good price relative to its space and general quality.
Not suprisingly it's gotten other attention since coming (back) onto the market Wednesday, and offers are now going to sealed bids - today.
We were told there was already a bid at asking price, as well as a bid well below what we already put in (£10k off asking). We don't know the position of the full-price bidder but do know the seller is keen to settle because an earlier offer fell through and they have offered on their next house.
We are in a very strong financing position with more than half of the purchase price in cash and a mortgage in principle letter in place.
So what do we bid??
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Need advice on sealed bids - fast!
4 replies
chandellina · 10/03/2011 14:04
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