How do I pursuade her?!!?!?

[Jasandjules]

Friend is FTB. Has a decent chunk for deposit. Looking at an off plan flat. Doesn't want to put in a p**s take offer. So, what impolite methods can I use?!?!? I've already tried are you f***ng stupid now is the best time to take the p**s......

[snowy slopes]

Politely point out that in about 18 months 2 years, it'll cost about an extra 25k ish for the same place!!

[V8mate]

I wouldn't chase an off-plan property; no guarantee, at the moment, that it'll ever get built.

Newly-built, standing-around-empty propeties are offering the best discounts, as every day they go unsold is costing the builder money.

[Jasandjules]

V8mate said:

I wouldn't chase an off-plan property; no guarantee, at the moment, that it'll ever get built.

Newly-built, standing-around-empty propeties are offering the best discounts, as every day they go unsold is costing the builder money.

Agreed, and I've tried that.

I've also gone with the whole it'll be worth 10-15% less in 1-2 years so a 25% discount at least should be sought.. She's not sure..

BUT, for some unknown reason some genius has told her that if she goes in too low, "she looks desperate"... I kid you not.

[Buffalo]

Jasandjules said:

BUT, for some unknown reason some genius has told her that if she goes in too low, "she looks desperate"... I kid you not.

How can anyone be "desperate" to spend 30 miserable years paying off a mortgage..?

[Jasandjules]

Buffalo said:

Jasandjules said:

BUT, for some unknown reason some genius has told her that if she goes in too low, "she looks desperate"... I kid you not.

How can anyone be "desperate" to spend 30 miserable years paying off a mortgage..?

I have NO idea. Nor indeed how anyone who puts in a really low offer would be seen as desperate... Some people defy logic....

[Simpo Two]

The worst they can say is 'no'.

[B17NNS]

Why not do a reccy for her. Go in and pretend you are in the same position as her and fire in a low offer to start negotiations and see what they will accept.

Or go in with her for the negotiation.

If she is unhappy with you trying to save her money, leave her to it.

If it doesn't embaress her, it isn't low enough.

[OllieWinchester]

Diappointed, was expecting a reference to the 'chocolate starfish'.

[Jasandjules]

OllieWinchester said:

Diappointed, was expecting a reference to the 'chocolate starfish'.

I am not convinced my OH would be too pleased with that..........

Yes, I have now offered to do all the negotiations for her.. We will see, she is thinking about it.

[Glocko]

I'm sorry...FTB?

[barney123]

Glocko said:

I'm sorry...FTB?

First time buyer....

[entwisi]

offer it as a service, you get 10% of anything you get knocked off. that way you get something for your time and she can console herself that she is employing someone to get her the best deal.

Once its on a 'business' footing all friendship stuff fades away.

[scotal]

Jasandjules said:

BUT, for some unknown reason some genius has told her that if she goes in too low, "she looks desperate"... I kid you not.

Do you know who this genius is? The mortgage broker linked to the property developer perchance?

[A - W]

25% doesnt seem unreasonable. An estate agent friend said people were dealing straight away at 10% less then asking prices.

[Dave_ST220]

I secured 26% off a new build with ease. Would've got more i think but was happy at that(would rather a nice family home than risk losing it to someone else for the sake of £10-£15k).

[Jasandjules]

scotal said:

Jasandjules said:

BUT, for some unknown reason some genius has told her that if she goes in too low, "she looks desperate"... I kid you not.

Do you know who this genius is? The mortgage broker linked to the property developer perchance?

He is another friend. A bit of a muppet IMHO who also bought his house last year at a high price and is quite shocked that he is in negative equity.

Good to hear that there are people getting 20% or more off. I was thinking of going in at 40% off... And maybe moving up a bit slowly..........