House Prices Now At 2004 Levels
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This is fair advice from SSU ,but ......
If you really ,really want the house ,is it worth losing for a few grand .?
If you intend staying put for a few years then ,I would not lose it for such a smallish amount .If it has developement potential ,extension etc ,then I personally would go for it .
It really depends on how much you love the place and how exactly does it tick the boxes .Only you know this .
Good Luck .
If you really ,really want the house ,is it worth losing for a few grand .?
If you intend staying put for a few years then ,I would not lose it for such a smallish amount .If it has developement potential ,extension etc ,then I personally would go for it .
It really depends on how much you love the place and how exactly does it tick the boxes .Only you know this .
Good Luck .
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No garage.
No Offers received as yet after many viewings.
No panic to buy - another will come along as sure as night follows day.
Buyers market.
"Just a few thousand" is where we start treading down the road to debt and doom once more.
"Just a few thousand" is like 5 brand new top of the range plasma 50" TV's! OR a conservatory / extension even.
No Offers received as yet after many viewings.
No panic to buy - another will come along as sure as night follows day.
Buyers market.
"Just a few thousand" is where we start treading down the road to debt and doom once more.
"Just a few thousand" is like 5 brand new top of the range plasma 50" TV's! OR a conservatory / extension even.
Scooby Regular
Joined: Mar 2006
Posts: 2,162
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No garage.
No Offers received as yet after many viewings.
No panic to buy - another will come along as sure as night follows day.
Buyers market.
"Just a few thousand" is where we start treading down the road to debt and doom once more.
"Just a few thousand" is like 5 brand new top of the range plasma 50" TV's! OR a conservatory / extension even.
No Offers received as yet after many viewings.
No panic to buy - another will come along as sure as night follows day.
Buyers market.
"Just a few thousand" is where we start treading down the road to debt and doom once more.
"Just a few thousand" is like 5 brand new top of the range plasma 50" TV's! OR a conservatory / extension even.
He did not say he was buying a second home like yourself SSU .
To him this may be the one .!!!
Sometimes ,some people fall in love with a place and dont want to lose it .
Who needs 5x 50 inch plasmas ??
Horses for Courses I say .
Its great if you can detach yourself from things and make a business like decision ,but sometimes Emotions will come into it .
My Advice stands .
Do what you think suits you best and your circumstances .
Scooby Regular
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From: Dumbartonshire
No garage.
No Offers received as yet after many viewings.
No panic to buy - another will come along as sure as night follows day.
Buyers market.
"Just a few thousand" is where we start treading down the road to debt and doom once more.
"Just a few thousand" is like 5 brand new top of the range plasma 50" TV's! OR a conservatory / extension even.
No Offers received as yet after many viewings.
No panic to buy - another will come along as sure as night follows day.
Buyers market.
"Just a few thousand" is where we start treading down the road to debt and doom once more.
"Just a few thousand" is like 5 brand new top of the range plasma 50" TV's! OR a conservatory / extension even.
At Any Given Moment:
79,000,000 people are engaged in sexual intercourse.
58,000,000 are kissing.
37,000,000 are relaxing after having sex.
1 lonely bugger is constantly responding to e-mails about the housing market.
You hang in there sunshine!
79,000,000 people are engaged in sexual intercourse.
58,000,000 are kissing.
37,000,000 are relaxing after having sex.
1 lonely bugger is constantly responding to e-mails about the housing market.
You hang in there sunshine!
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From: Runway two seven right.
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A couple af attitudes above worry me somewhat .......... "just pay the extra £5,000" 
It's this attitude which got us where we are now - in deep **** .....
Treat everything as a business decision and you will not go far wrong .... yes, a house has emotions attached to it (while your living there) - when you are buying or selling it is merely a pile of bricks glued together, remember that and treat yourself to something nice with the £5000 you will have saved
It's this attitude which got us where we are now - in deep **** .....
Treat everything as a business decision and you will not go far wrong .... yes, a house has emotions attached to it (while your living there) - when you are buying or selling it is merely a pile of bricks glued together, remember that and treat yourself to something nice with the £5000 you will have saved
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From: Runway two seven right.
A couple af attitudes above worry me somewhat .......... "just pay the extra £5,000"
It's this attitude which got us where we are now - in deep **** .....
Treat everything as a business decision and you will not go far wrong .... yes, a house has emotions attached to it (while your living there) - when you are buying or selling it is merely a pile of bricks glued together, remember that and treat yourself to something nice with the £5000 you will have saved
It's this attitude which got us where we are now - in deep **** .....
Treat everything as a business decision and you will not go far wrong .... yes, a house has emotions attached to it (while your living there) - when you are buying or selling it is merely a pile of bricks glued together, remember that and treat yourself to something nice with the £5000 you will have saved
If they were forced to hand over the extra £5k in one go, attitudes might be somewhat different!
Remember the agent is on commission, the more you pay the more they earn, def stick to your guns on the £160k, and start actively looking at others.
Remember the estate agents "client" is the person selling the house,and not YOU as they are the ones who pay their wages.
The vendors are clearly trying it on, as you or I would.
Let them sweat on your offer and see what happens.
Remember the estate agents "client" is the person selling the house,and not YOU as they are the ones who pay their wages.
The vendors are clearly trying it on, as you or I would.
Let them sweat on your offer and see what happens.
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And hopefully no one else will come in and snap it up .!!!!
5K over 10 to 15 years of living in the property is insignificant to be honest .As I also said ,if there is development opportunity then even better .
In most cases there is Emotion involved when buying your home (bricks and mortar ) ,so there are not many people who can buy it in a business like fashion ,because it is not business for most ,especially if it is your first home .
I would say most of the posters on here have bought their homes in an emotion filled fashion .!!! Because thats human nature .
Its very Blase ,to say do it any other way ,when its someone else making the purchase .
5K over 10 to 15 years of living in the property is insignificant to be honest .As I also said ,if there is development opportunity then even better .
In most cases there is Emotion involved when buying your home (bricks and mortar ) ,so there are not many people who can buy it in a business like fashion ,because it is not business for most ,especially if it is your first home .
I would say most of the posters on here have bought their homes in an emotion filled fashion .!!! Because thats human nature .
Its very Blase ,to say do it any other way ,when its someone else making the purchase .
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From: Dumbartonshire
I have my eye on a property which was placed on the market at an asking price of £349,950 in July 2008.
It is now on at £209,950 .... and has been for about 5 weeks now, not sold - another agent has now been employed in a desperate attempt to sell it ... probate sale.
just 6 months ago it would have been snapped up at £209,950 if not more - it shows the sign of the times that it sits there, empty. It is generating interest as it is nicely situated in an expensive part of the UK .... but, it will only sell if a low offer is accepted.
It is now on at £209,950 .... and has been for about 5 weeks now, not sold - another agent has now been employed in a desperate attempt to sell it ... probate sale.
just 6 months ago it would have been snapped up at £209,950 if not more - it shows the sign of the times that it sits there, empty. It is generating interest as it is nicely situated in an expensive part of the UK .... but, it will only sell if a low offer is accepted.
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And hopefully no one else will come in and snap it up .!!!!
5K over 10 to 15 years of living in the property is insignificant to be honest .As I also said ,if there is development opportunity then even better .
In most cases there is Emotion involved when buying your home (bricks and mortar ) ,so there are not many people who can buy it in a business like fashion ,because it is not business for most ,especially if it is your first home .
I would say most of the posters on here have bought their homes in an emotion filled fashion .!!! Because thats human nature .
Its very Blase ,to say do it any other way ,when its someone else making the purchase .
5K over 10 to 15 years of living in the property is insignificant to be honest .As I also said ,if there is development opportunity then even better .
In most cases there is Emotion involved when buying your home (bricks and mortar ) ,so there are not many people who can buy it in a business like fashion ,because it is not business for most ,especially if it is your first home .
I would say most of the posters on here have bought their homes in an emotion filled fashion .!!! Because thats human nature .
Its very Blase ,to say do it any other way ,when its someone else making the purchase .
mortgage company are on hand to provide a realistic valuation.
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Quite correct nixxon ....
Plenty of properties are returning to the market when the valuations come in and are 15% less than the buyer agreed to pay ..... "as it was just a few thousand more"
Plenty of properties are returning to the market when the valuations come in and are 15% less than the buyer agreed to pay ..... "as it was just a few thousand more"
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stiscooby ,time for you to update us if you have heard anything .Has your misses set her heart on it ,or are you both fairly relaxed about it and happy to walk away .
I hope you are both happy to walk to be honest .But I know what I am like when purchasing a home that I want .If its the one ,then its the one .
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From: K
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From: Flying the Flag for the GC8A
That really was money from nothing.
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From: K
Absolutely nothing wrong with debt per se
Debt to buy depreciating assets like Cars (boys) or Shoes (girl) – madness
Debt to fund investments – its what makes the world go round
Best advice given to me was “buy the most expensive house you can afford and the cheapest car you can get away with”
Show me someone who has lost money on property and I will show you someone who bought a 1 bed flat over a chip shop in a busy high street, or someone who bought a new build off a developer in a new build estate with 2000 other identical properties
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From: Suffolk
Well thought I would post an update
We decided to go to 162,500 as a "meet half way" kind of offer but they came back saying no, we want 165k. So we have told agent thats as far as we are going.
Not sure if they are trying to push us to their 165k but as yet every time they have rejected we have came back the next day with an offer so to them we might seem very keen and they think we have got to 162k so they (we) will go that bit more to their 165k.
To be honest I thought they would have gone for that for the sake of 2.5k and they got a sale.
Left things with them now, see if they come back to us now they know we aint so keen, so to speak.
We do really like it though, nice area, nothing really needs doing to it etc etc. I can see it getting to the point though of do we want to lose it for the sake of 2.5k?
They have only reduced the price once (jumped from 175k to 165k in one step) so my thinking is they could come down another couple of grand for the sake of selling their house.
Bastids!
We decided to go to 162,500 as a "meet half way" kind of offer but they came back saying no, we want 165k. So we have told agent thats as far as we are going.
Not sure if they are trying to push us to their 165k but as yet every time they have rejected we have came back the next day with an offer so to them we might seem very keen and they think we have got to 162k so they (we) will go that bit more to their 165k.
To be honest I thought they would have gone for that for the sake of 2.5k and they got a sale.
Left things with them now, see if they come back to us now they know we aint so keen, so to speak.
We do really like it though, nice area, nothing really needs doing to it etc etc. I can see it getting to the point though of do we want to lose it for the sake of 2.5k?
They have only reduced the price once (jumped from 175k to 165k in one step) so my thinking is they could come down another couple of grand for the sake of selling their house.
Bastids!
