Hey guys,
Just looking for opinions on an offer.
4x2 house on 600ish sq.m
asking price recently dropped from $385k to $370k
The house is good enough, but i really like the location. Looking to move in in about 12 months, but like the idea of locking it down right now, current tenants happy to stay.
I'd be happy to pay $350-$360k, but if i buy now and rent it out, it will cost me about $10k in holding costs. (Cash - NOT allowing for tax deductions)
How receptive should I assume the vendors would be to a $340k offer? I could settle at their convenience.
Is it worth making the offer, or should i just be patient and spend the next 12 months continuing to monitor the market and looking for something closer to my price, or closer to my time frame?
Just looking for opinions on an offer.
4x2 house on 600ish sq.m
asking price recently dropped from $385k to $370k
The house is good enough, but i really like the location. Looking to move in in about 12 months, but like the idea of locking it down right now, current tenants happy to stay.
I'd be happy to pay $350-$360k, but if i buy now and rent it out, it will cost me about $10k in holding costs. (Cash - NOT allowing for tax deductions)
How receptive should I assume the vendors would be to a $340k offer? I could settle at their convenience.
Is it worth making the offer, or should i just be patient and spend the next 12 months continuing to monitor the market and looking for something closer to my price, or closer to my time frame?