Scooby96

MODS PLEASE CAN THIS BE LEFT IN GENERAL AS NON-SCOOBY RELATED SEEMS DEAD TODAY:

I am currently looking at buying a couple of houses in the Hastings / St Leonards / Bexhill areas and wanted to know if anyone else is currently doing so as I need some advice (off line preferrably).

Having researched the repo market it would appear that its not that straightforward to glean info from Estate Agents / Lenders on which properties are repo's. I am looking at subscribing to a service called IPDS which links over 200 property auctioneers - but before I sign up to this does / has anyone subscribed to this service and found it excellent / good / ok / or crap?

Scooby96

That'll be a no then mods!

Thanks

Scooby96

Surely there must be people on here with some knowledge of this???

Heres hoping anyway!

Scott W

I was hoping somebody might have the answer as well, as this is something my wife and I are looking towards. We just want to make sure the IPDS is not a fly by night company that will fleece you out of money, etc...

Scooby96

Thats what I thought but if you go via a few auction sites they all seem to link to IPDS!

Try looking at Clive Emson / findaproperty.co.uk - these have a few property details but I think these must be the tip of the iceberg.

Had a look at 2 properties yesterday (on findaproperty website), Caves Rd and St Pauls Rd St Leonards - guide prices of £25k and £20k - transpires that these have been sold for £35k and £50k - FFS why cant these companies keep their sites up to date!!

Mail me direct if you want to chat further about this - we could always go halves on the IPDS!!?

Scooby96

Scott - I've mailed you (from a different email to my profile)

S96

Scooby96

bumped up for the evening crew

Scott W

I will reply back to your email tonight, but I cannot see why we cannot do the 50/50 thing on the payment!

Scooby96

cool - will read and reply tomorrow morning

S96

Maddriver

I was looking at them the other day.

Can you report back and let us know if the company is legit / service worthwhile?

Specifically looking for property in Plymouth, Devon ta.

Scooby96

Like I said above - I think they're ok as they do seem to link well over 200 auctioneers who have a reputation to maintain. Looks like Scott W and I might be doing a deal on the IPDS - you're welcome to join us maddriver? Let me know by midday as I will be purchasing the subscription after then

Chrisgr31

I was looking at this the other day as well as someone in the office was talking about it.

Repossessions generally have to achieve the highest possible value for a forced sale. Therefore they are often sold at auction. Some are sold through estate agents and there is a suspicion that some may be less than honest and sell them to friends.

However often when sold through Estate Agents any offer has to be advertised, giving other potential purchasers an opportunity to buy it. Therefore worth having a look at the Legal pages of the local paper!

Scooby96

Tried that too Chris, however theres a plethora of 'local' rags round here so short of making sure I get everyone every day/week I was looking for a service that emailed me when a property matching my criteria became available, or where I can do a daily search for the same.

Scooby96

maddriver - email me (chris.knowles@axa-ppp.co.uk) as purchasing IPDS tomorrow morning. Let me know if you want to go thirds on this otherwise will be just Scott W and myself.

Brendan Hughes

S96 - I'll mail you from home in a few hours, I might well be interested. But what's the fee that should be split? You haven't said if it's 30 quid or 3000!

Scooby96

£49.95 divided by the interested parties, currently:

me
scott w
maddriver

possibles:
brendan


[Edited by Scooby96 - 9/23/2003 6:10:31 PM]

Maddriver

Chris YHM

Brendan Hughes

YHM also.

Scooby96

Scott, Brendan and Keith - YHM

Brendan Hughes

Ta mate. Is the mail urgent, as I can't check it until about 6.30 tonight?

Scooby96

Was asking if you could all mail me back to confirm but I guess a post on here saying so is just as good. Works out at £12.48 each! My address is in the email. Will let you know access info asap.

Scooby96

As the subscription includes email updates I will set up an internet email account and set up a rule so that it automatically forwards the emails to each of you upon receipt.

Chris

Scooby96

Ok guys - give me an indication of areas and price range you're looking into investing in so I can set up the alert criteria. Can choose 3 counties. I have initially input Kent, East Sussex and Essex but can change these depending on your choice.

S96

Scott W

Berkshire, Hampshire and Surrey would be my choices. Berkshire would be my number one choice though.

Cheque is in the post, well it will be once the numbers are finalised!

Edited to add - Cheers for sorting this all out.

[Edited by Scott W - 9/24/2003 12:34:52 PM]

Scooby96

A whopping £12.48 each providing everyone plays fair!

As soon as I have the log in details I'll email them to you. You can do a search once logged in - not sure if it would allow a multiple log in so we may have to allocate specific times we do our searches.

Maddriver

K will send a cheque as soon as I get home tonight.

re the login point - do we all use MSN/ equivelent?
If so we could use it to make sure noone else is online before we logon, & to coordinate such things.

As for search, looking in Devon upto 70k

unclebuck

I'm confused. If you are allowed only three counties and each party wants a different choice of counties how can this arrangement work?

Cheers,



UB

Brendan Hughes

UB - show us yer money and we'll answer yer question

Scooby96

I will try a multiple log on myself to see how it works!

unclebuck

Brendan YHM.

UB