From: Phil Deane 
Newsgroups: uk.finance
Subject: Re: offers over
Date: Thu, 01 Apr 2004 23:29:54 +0100

FJDx wrote:

> In Glasgow, the property market is such that people are bidding 30-40%
> over the offers over price. However, once a valuation is carried out,
> roughly how much over the valuation is bidded usually? The valuation is
> usually over the offers over.

Short answer is whatever you think it is worth. I in the last few months
have seen properties go anywhere from 10% under the valuation price to 45%
over the val price. The rules have been thrown out the window and got
caught in the mangle on the way I am afraid.

Just out of curiousity, Where abouts in Glasgow are we talking?

-- 

Phil Deane
http://www.MiracleExpress.force9.co.uk