House Prices Now At 2004 Levels
Any sale is more attractive if there are as few people involved as possible.
If you are selling, your ability to move out in a timescale to suit your buyer makes you flexible and improves your chance of a sale.
Similarly, when you are buying, if you don't have a house to sell and can accommodate your sellers timescale, you are a good buyer and more likely to have an offer accepted.
Last year we sold our house for the price we wanted and then moved into a rented house. We then bought as a cash buyer and got a great deal!
Steve
If you are selling, your ability to move out in a timescale to suit your buyer makes you flexible and improves your chance of a sale.
Similarly, when you are buying, if you don't have a house to sell and can accommodate your sellers timescale, you are a good buyer and more likely to have an offer accepted.
Last year we sold our house for the price we wanted and then moved into a rented house. We then bought as a cash buyer and got a great deal!
Steve
Stop being so bloody irresponsible!

You don't know the specifics of 97 Turbos situation and you are handing out advice as though you have a crystal ball. STFU you idiot.
I wouldn't dream of offering him advice without knowing the specifics of his personal circumstances. Even then I would qualify it as being my opinion only and therefore could be wrong.
You, as the stupid old troll you are, have decided without knowing anything about him to tell him, as though it's black and white, to put his house on the market right now and undercut all the other houses in the area. You don't even know whether he is trading up, down or sideways.
If you want to come on here all the time talking nonsense then that's fine, but don't hand out irresponsible advice to 'youngsters' as though you are some sort of expert in this field. You are not, we've decided that before.
He wants to sell ..... doesn't matter if you are trading up, sideways or down ... whether you are black, pink or yellow ... whether you have ginger, black or grey hair ... whether you are 20 or 75 years old!!
And, therefore, to sell in todays market you need to undercut the other properties you are competeing against ... it's so painfully simple I'm surprised you struggle with the concept - which is why you cannot offer any worthwhile advice whatsoever I suppose?
And, therefore, to sell in todays market you need to undercut the other properties you are competeing against ... it's so painfully simple I'm surprised you struggle with the concept - which is why you cannot offer any worthwhile advice whatsoever I suppose?
My own situation is we need to move upwards into a 4 bedroom to accomodate child number 3. We cannot afford to undercut anyone as we need as much from the sale as possible, its going to be the bulk of our deposit on the new place. We have quite a broad timescale, as my parents live in a 4 bed they can put us up for a few months if we have a quick sale with nowhere to move into. Im hoping this is going to work in our favour as i think it will make life far easier as we can concentrate on the sale first.
This is the beauty of undercutting and actually selling in a buyers market ... it puts you in an amazingly strong position to knock off even MORE on the house you want to buy 
Whatever you do, if you are serious, price to sell and offer to buy!! Ignore the asking prices, go in with an offer at 20% Off to kick the ball rolling - be prepared to settle around 10-15% Off (it's what sellers are accepting and expecting - if they are serious too!).
A falling market is a fantastic chance to move on up .... I did it in 1994, just at the bottom of the market .... moved into a house I couldn't have dreamed of just 12 months earlier than when I bought.
Now, I am a cash buyer seeking somewhere on the coast as a weekend escape .... and those prices are falling steadily
Good luck ..... remember, a property stands its very best chance of selling within 3 weeks of it appearing on the market - it then gets stale. Hence my advice to market agressively if you are genuinely serious.
Whatever you do, if you are serious, price to sell and offer to buy!! Ignore the asking prices, go in with an offer at 20% Off to kick the ball rolling - be prepared to settle around 10-15% Off (it's what sellers are accepting and expecting - if they are serious too!).
A falling market is a fantastic chance to move on up .... I did it in 1994, just at the bottom of the market .... moved into a house I couldn't have dreamed of just 12 months earlier than when I bought.
Now, I am a cash buyer seeking somewhere on the coast as a weekend escape .... and those prices are falling steadily
Good luck ..... remember, a property stands its very best chance of selling within 3 weeks of it appearing on the market - it then gets stale. Hence my advice to market agressively if you are genuinely serious.
Last edited by pslewis; Oct 31, 2010 at 09:51 PM.
I dont want to disrupt my Kids at Xmas, hence my preffered option of waiting until the new year.
There are 4 or 5 houses we have been keeping an eye on that have been on the market for a good few months, if they are still around in the new year i will certainly be seeing if i can tempt them with an offer well short of the asking price.
However, the sale of our own place is obviously our first priority.
There are 4 or 5 houses we have been keeping an eye on that have been on the market for a good few months, if they are still around in the new year i will certainly be seeing if i can tempt them with an offer well short of the asking price.
However, the sale of our own place is obviously our first priority.
Yes, you must have a sale before you go offering on anything - or you simply won't be listened too.
It's 7 weeks to Xmas - just enough time to get into a new place for the big day ... and that's a great feeling! AND, most people want to be 'in' their new place for Xmas (so, things can be oiled quite nicely ... not much conveyancing going on so Solicitors can actually get off their rears and complete the legals very quickly).
But, yes, I understand you maybe not wanting to race into a new property when you have kids getting excited about Xmas ..... but, I maintain that it is an excellent time to buy and sell right now. The New Year market is a mystery at the moment.
It's 7 weeks to Xmas - just enough time to get into a new place for the big day ... and that's a great feeling! AND, most people want to be 'in' their new place for Xmas (so, things can be oiled quite nicely ... not much conveyancing going on so Solicitors can actually get off their rears and complete the legals very quickly).
But, yes, I understand you maybe not wanting to race into a new property when you have kids getting excited about Xmas ..... but, I maintain that it is an excellent time to buy and sell right now. The New Year market is a mystery at the moment.
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Dave
Yeah, yeah .. very good .. I'm trying to have a serious conversation here!!!! 
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Anyway, the cash buyer part is for my retirement property .... it has absolutely nothing to do with my BTL Mortgaged properties at all .....

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Anyway, the cash buyer part is for my retirement property .... it has absolutely nothing to do with my BTL Mortgaged properties at all .....
Inflation is running high, more money is about to be pumped into the economy, saving rates are already on the up ..... rates will be rachetted up next year ..... 0.5% up in the February 2011 Monetary meeting. 0.5% more by May 2011.
This time next year rates will be 2% ... still very low by historic standards, but FOUR times from where we are now!







