Purchase opportunity single-family house from the 80s - risk?!

  • Erstellt am 2022-10-17 11:37:43

kati1337

2022-10-19 08:57:15
  • #1
Is there already something new here? Some pages of discussion about a hypothetical price, I would be interested in the actual price they want now. :D
 

Alibert87

2022-10-19 09:45:12
  • #2
It's not that easy. I wouldn't pay any price... The dilemma is that I fear the agents tempt the seller with a "TOP" price and the seller is heavily influenced by that. We'll manage the financing, but I didn't want to dig my own grave. Wishful thinking: Good property at a fair price
 

Alibert87

2022-10-19 09:56:35
  • #3


That is correct. We have already looked at many properties, only this one fits (for us) quite well. Regardless of the fact that my better half is a lawyer :p (no idea if that’s good or bad), the location is “that good” because it is quiet and close to the city (basically the desired area for all families who don’t have to/want to move to the countryside). You almost never get a purchase offer here because everything is sold under the table. The price comes 80% from the location (we are aware of that since we don’t want to put ourselves in a much worse position than currently).
Honestly, the chance is high that the agent will set it at 600K and more here (otherwise we would have snapped it up long ago).
 

Alibert87

2022-10-19 09:58:46
  • #4


I am also already "hot as frying fat" about the agents' prices, but unfortunately no feedback yet. We wanted to ask again on Friday
 

11ant

2022-10-19 16:23:50
  • #5
And the seller himself has not said how much he wants yet??? You are the smith of your own luck, you, not the broker. The ball is (only) in your court. How you buy the house at a fair price (or not at all) I have explained to you in post #28, free of charge but sufficiently detailed for you to do it yourself. A great chance for a price driven up too high due to broker nonsense is equivalent to the risk (for the seller, not for you!) of not being able to sell the house at this price. You have two options here (exactly twopoint zero, not one bit more!), to act for or against yourself: A) firmly link your offer in the seller’s mind with the irretrievability of the opportunity to accept it; B) make yourself dependent on wanting to have the house (and thus also make the aforementioned problem yours). The way B will fulfill two masochistic wishes for you, namely secondly to pay more than necessary and firstly to be kept waiting until the seller becomes aware of the overpriced price. If you like him, then do both of you a favor and convince yourself and him of way A.
 

st3lli83

2022-10-20 07:40:28
  • #6
Interesting. This could also be my thread :)

What I can tell you from current experience:
If you don’t buy it, someone else will. Period! Always assuming no dump, no bad location, etc.
Yes, prices are high, interest rates are rising.. but properties in desirable locations still get sold...

It’s the same here. Single-family house from ’87 - unfortunately with a realtor. Everything’s great for us :) except the price :D But what can you do?! I have been (and still am) racking my brain almost every day... Yes, no?! Not a bargain, plus high interest rates.

Almost the end of the story: next week is the notary appointment (that reminds me, I should update my thread :)

Good luck :)
 

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