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First time buyer tips (House asking price)

  • 17-06-2013 4:24pm
    #1
    Registered Users, Registered Users 2 Posts: 127 ✭✭


    The asking price of a house.
    Do they usually sell for the asking price or even more?

    We have a mortgaged approved for 120k so would I be wasting my time enquiring about houses priced 125-155k??

    Another house we are looking at for 125k what kinda bid would you go in with and what kinda money do you think the house will sell for?

    Thanks all


Comments

  • Registered Users, Registered Users 2 Posts: 4,793 ✭✭✭Villa05


    Have a look at the property price database - check the most recent sales in the area - then see if the listing is still on daft. If you are lucky you will see the difference between the asking and the selling price

    http://propertypriceregister.ie/

    Need more info to help you, such as area, condition, etc


  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭Trish56


    I would start at 20k below asking price and work your way up. Most people go up by 5k each bid however I think 2k above highest bidder can be enough to secure the deal.


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