I've got a cash buyer for my house and I have found the house we want. It's on the market for £176,500 (house are ridiculously cheap in my area) and I have put an initial offer of £170,000 down, which has been refused. The house has only been on the market for 3 days, so they are obviously relcutant to sell too cheap, but I know they have money problems and therefore probably want to move straight away (which we can) It is in a very sought after area and I know that lots of people are already interested.

They have asked for our final offer, so I think I will go back and £173,500 and bluff it as my 'walk away' price.

Any advice?