Tag: Property Offer
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Offers Over – How Much Should You Pay?
Read the article: Offers Over – How Much Should You Pay?If you are looking at purchasing a property marketed as ‘Offers Over’, the main question you will probably be asking is “how much will I need to pay to get this property?”. Unfortunately there is not one straightforward answer to this question for all properties or circumstances. Ultimately there will be a number of factors…
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How Much To Bid For Your Home
Read the article: How Much To Bid For Your HomeWith the Edinburgh property market picking up here’s our advice on how much you should bid when you are looking for your dream home. Over the last year, demand in the local property market has been on the rise. More homes are going to closing dates, buyers are making higher offers and more properties are achieving,…
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Is This a Good Offer on My Property and Should I Accept This Offer
Read the article: Is This a Good Offer on My Property and Should I Accept This OfferWhat Makes a Good Offer and How Should I Know Whether to Accept It or Not? Sellers often ask our Property Negotiators what they would consider to be a good offer for their property, and whether they should accept it. So, how do you answer this question?
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Offers Over, Offers Around and Fixed Price in Scotland – the Return of Offers Over and What Does This Mean for You
Read the article: Offers Over, Offers Around and Fixed Price in Scotland – the Return of Offers Over and What Does This Mean for You‘Offers Over’, ‘Offers Around’ and ‘Fixed Price’ are the three main methods of pricing your house for sale in Scotland in today’s market. With every house sale being unique, the best pricing system for each property depends on a number of factors. Can we look at changes in the number of properties using these asking…
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What Does Offers Around Mean in Scotland? What Does Offers in the Region of Mean in Scotland? How Much Should You Pay for Offers Around or Offers in the Region Of?
Read the article: What Does Offers Around Mean in Scotland? What Does Offers in the Region of Mean in Scotland? How Much Should You Pay for Offers Around or Offers in the Region Of?‘Offers in the Region of’ and ‘Offers Around’ are, at the time of writing, probably the most common price ‘prefixes’ that you’ll find when you’re looking for a property in Scotland. In the ‘old days’, it tended to be either ‘Offers Over’ or ‘Fixed Price’. Unless you were selling a massive estate with salmon fishing…
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How Much Should I Pay at a Closing Date and How Can I Avoid Closing Dates
Read the article: How Much Should I Pay at a Closing Date and How Can I Avoid Closing DatesClosing Dates can be the bane of a property buyer’s life. There is always a conflict between wanting to buy a property for the best possible price and the fear of over-paying because of the temptation to pay too much in order to beat the other buyers to the prize and to prevent the frustration…
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What Does Under Offer Mean in Scotland? What Does Sold Subject to Conclusion of Missives Mean in Scotland?
Read the article: What Does Under Offer Mean in Scotland? What Does Sold Subject to Conclusion of Missives Mean in Scotland?When a seller’s estate agent or solicitor/estate agent accepts an offer from a buyer, even verbally, the property is ‘Under Offer’ or ‘Sold Subject to Conclusion of Missives’. Legally, this status means very little. Until there is a binding, written contract (in other words, ‘missives are concluded’) then the sale is little more than theoretical.…
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What is a Closing Date in Scotland?
Read the article: What is a Closing Date in Scotland?A Closing Date is a day and time, set by the seller’s estate agent, by which time the seller’s agent must have received an offer from anyone who wishes to submit an offer on that property. Most often, buyers’ solicitors will fax the offer prior to the time of the closing date, on the day…
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What is a Note of Interest or Noting Interest in Scotland? How Do I Note Interest in a Property?
Read the article: What is a Note of Interest or Noting Interest in Scotland? How Do I Note Interest in a Property?If you are interested in buying a particular property but are not yet ready or willing to offer, a Note of Interest is a first step towards ensuring (but not a guarantee) that you get an opportunity to make an offer on that property before it is sold to somebody else. A buyer who wishes…
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What Does the ‘Asking Price’ Mean in the Scotland?
Read the article: What Does the ‘Asking Price’ Mean in the Scotland?Quite simply, this is the amount of money that the seller is asking any potential buyer to pay for their property. However, to complicate things, buyers put prefixes in front of the asking price. For example: “Offers Over”, “Fixed Price”, “Offers Around”, or “Offers in the Region Of” and even “Offers Under”.