Putting An Offer In On First House

[teapea]

I saw a mortgage adviser last week, and with the deposit I have saved and my circumstances was able to get 'the green light' for a mortgage.

With my deposit and the mortgage, the maximum I can spend is 115k - which is fine as I wouldn't want to commit myself to a mortgage I couldn’t afford.
I work in Hull and this is plenty to buy a house around here.

I know the area I want to be in (perfect for work/decent area) however, for the sort of house I'm after the asking price is more like 140k, there's actually 6 near identical houses for sale within a few streets, but every single one is priced at 139 or 140k

Would it be unreasonable to offer them all 115k and see if any of them accepted? Or is this being unrealistic? According to property bee some of these houses have been for sale at this price since last October and haven't dropped the price.

Cheers,
Tom

[craigjm]

Never be scared to put in a cheeky offer as you never know the sellers circumstances. This is why it is good that you do so via the estate agent so you dont have to face them! Most likely an offer of 115 for a house of 140 will be rejected but you never know. If it is accepted though alarm bells might start ringing and I would suggest a very thorough survey as what you dont want is to end up having to pay the additional 25k in repair costs.

[anonymous-user]

start with 110k, then you can come up 5k with your second offer if you need to

[simonej]

If you spend a while on Zoopla looking at the sold prices and compare them to the asking price you'll find that people seem to be getting away with some seriously low offers. I spent a while looking and a sale price of 25% lower than the asking price wasn't uncommon (Northern England in an area much like Hull).

[fid]

ALWAYS put in a cheeky offer, else you'll be gutted if you find out the next one sold for less than yours. Although, with interest rates as low as they are, that'll probably happen in the next few years anyway.