How do I negotiate a price for a house in a falling market. I need to use a mortgage and I'm worried about down valuing in the valuation
The property has been on the market for a year and has gone from 1,250 to offers in excess of a million during that time. I am the only person to view since it dropped to it's current price in early May - so do not believe it is worth a million. Probably closer to £950k. It is in good condition, the owner is the developer who refurbished it. I don't want to offend him but I also don't want to overpay. Help!!
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