Reply to: The winners of the doom scenario

[kali]

If you put it on the market it is will not sell for a min 10 - 12 weeks if at all. If you buy her out now, you may pay her too much. If you don't want to move now say you want to sell. When the market really bottoms out, buy her out for a less amount.

sell for full asking within 5 weeks


( well it did for us )

[BlasterBates]

just for info the analysts consensus, and this is a good starting point is 20% drop top to bottom. So bear that in mind. Also this estimate has worsened from the 10-12% they predicted a few months back. The 20% is now virtually a cert. and I reckon 30% - 40% is quite possible.

[Bumfluff]

Decision made, decide to sell up, had to switch to a sh*t mortgage rate so no early repayment fees thoug, but the orginal fixed deal they offerd me at 5.25% they said they would keep open till end of Sept so can switch if need be.

So plan is put house on the market, I'm confident it wont sell, then have a mate come round (that my ex doesnt know) and make a really cr*p offer towards end of August, I then offer to match that offer and buy ex out, could turn out well

[DimPrawn]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

Get a BTL mortgage for 50% LTV and buy her out and then rent it out.

[HairyArsedBloke]

What would others here do ?

Have it valued then offer your ex @ 15% off that. If she doesn’t bite then put it on the market. It won’t sell at the full price. In six months make an offer through a Cayman/BVI shell company at 20% off and ‘strongly recommend’ the sale to your ex.

[alreadypacked]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

If you put it on the market it is will not sell for a min 10 - 12 weeks if at all. If you buy her out now, you may pay her too much. If you don't want to move now say you want to sell. When the market really bottoms out, buy her out for a less amount.

[BlasterBates]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

Sell

[Bumfluff]

Get her to buy you out !?

Not an option unfortantly she can't afford it, she said if she could she would buy me out.

[rootsnall]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

Get her to buy you out !?

[Bumfluff]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

[BrilloPad]

I'm happy as long as recruitment and estate agents go bankrupt and end up on the streets.

Then they will probably become contractors and we will have to put up with them.

Of course, DA is welcome anytime....

[BrilloPad]

I have been planning on getting a non-financial services gig all year and now this.

Bah!

You should still be able to choose?

If you come to work for my current clientco I suggest no eyeliner though...

[HairyArsedBloke]

I'm happy as long as recruitment and estate agents go bankrupt and end up on the streets.

But then who would find all those juicy contracts and sell you property at barging prices?

Personally, I’m not looking for a contract or a property as I don’t need either. So they can starve as far as I care.

[DimPrawn]

I'm happy as long as recruitment and estate agents go bankrupt and end up on the streets.

[NickFitz]

Nick Hardisty, managing director of Inspired Recruitment, an IT jobs agency, said that he could not foresee any economic circumstances that would make contractors quit.

"Temps are, as a rule from our experience, not too concerned with risk and would possibly see the downturn as an opportunity to increase their work pipeline," he told CUK.

“Large organisations [will] strip the ‘perm’ workforce down, reduce fixed overheads, and look to opt for more project based or ad-hoc staffing solutions, [like] using staff as and when required, in this case potentially contractors.”