TL;DR Autistic and don't do ambiguity. Lost lots of bidding wars in last 2 years. Really need this to be my last one. Tips for picking the right figure to win?!
I'm in a best and final offers situation, not for the first time in my life. I'm autistic and have adhd and find the ambiguity / guessing game of the process completely baffling and overwhelming.
But i really, really want this house. I have been trying to buy for 2 years and am completely exhausted and this is the first house i've viewed that doesn't have one thing that's a concern or compromise. People say 'others come up all the time' but in 2 years of intense searching I haven't found anything as good for me as this.
Twice I have been the highest bidder on a property and lost out to someone with a bigger deposit 'because the vendors were worried about the lender downvaluing it'.
One of these i bid 186k on as the agent said they had several offers for more than 10k over asking price of 170k. I looked on Rightmove the other day and saw it sold for 181. So I am scared of going too high.
Agent for this house has told me they have several offers for 'quite a bit over' the asking price. What does that even mean? 5k? 10k? 15k? 20k? How high am i supposed to go? I know no one here can answer that, but I feel so confused. Think it's harder as buying alone so no one ti hash it out with.
I don't want to get turned away again for bidding too much, or end up with a mortgage that's a struggle to pay when i could have got away with offering much less. But this whole process has completely burnt me out and i urgently need to get out of my unsuitable and depressing rental. Plus the house is *so right* for me.
What the hell do I do?! Any advice for landing on the right number in these situations? I feel completely lost and out of my depth and so afraid of getting disappointed and being back at square one AGAIN. Thank you.