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Previously on "Are house prices going up or going down?"

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  • scooby
    replied
    Originally posted by scooby View Post
    I went in at 170k, then 2 days after rejecting, I went in at 185k final offer. it worked, no messing all in place now For the area, house (4 Bed) and location, its a very good price
    By the way, 195k was the price they told me they wanted and should offer around. I had information that I also used to my advantage, hence knowing they were desperate to move

    Leave a comment:


  • sasguru
    replied
    Originally posted by DimPrawn View Post
    What's it like being homeless then?

    Not very nice. But I have a large amount of money to play with.
    PS Like my sig? Pretty accurate I'd say, unlike yours

    Leave a comment:


  • scooby
    replied
    Originally posted by NorthWestPerm2Contr View Post
    I think about 10% off asking price is getting somewhere towards actual value of the house when you take inflation into account. 185k with the worthless pound is only slightly unreasonable for say a semi-detached house in my area. I am going to view a house in 3 hours for a house that is on for 210k, I would not put an initial offer on for it at anything more than 180k.
    I went in at 170k, then 2 days after rejecting, I went in at 185k final offer. it worked, no messing all in place now For the area, house (4 Bed) and location, its a very good price

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by sasguru View Post
    Sold our house in 3 days - went to sealed bids and got above asking.
    But I suppose I'm in a different demographic.
    HTH
    What's it like being homeless then?

    Leave a comment:


  • NorthWestPerm2Contr
    replied
    Originally posted by scooby View Post
    We've just had an offer of 185k accepted on a 210k house. They had been on the market for 12mth+ and were becoming desperate, having recently dropped it by 10k.

    Every house we viewed had been on the market for a minimum of 8mths, and many had dropped their price by 10k at least once. They just arent selling, and the market isnt getting better. Yet estate agents are valuing at silly figures, and mortgages are refusing to lend based on the survey valuation which regularly comes in lower. There is a disconnect somewhere...

    I cant figure out the market at the minute, it's strange, yet many sellers are getting twitchy after 9mths but wont reduce the price or accept offers...
    I think about 10% off asking price is getting somewhere towards actual value of the house when you take inflation into account. 185k with the worthless pound is only slightly unreasonable for say a semi-detached house in my area. I am going to view a house in 3 hours for a house that is on for 210k, I would not put an initial offer on for it at anything more than 180k.

    Leave a comment:


  • sasguru
    replied
    Originally posted by scooby View Post
    We've just had an offer of 185k accepted on a 210k house. They had been on the market for 12mth+ and were becoming desperate, having recently dropped it by 10k.

    Every house we viewed had been on the market for a minimum of 8mths, and many had dropped their price by 10k at least once. They just arent selling, and the market isnt getting better. Yet estate agents are valuing at silly figures, and mortgages are refusing to lend based on the survey valuation which regularly comes in lower. There is a disconnect somewhere...

    I cant figure out the market at the minute, it's strange, yet many sellers are getting twitchy after 9mths but wont reduce the price or accept offers...
    Sold our house in 3 days - went to sealed bids and got above asking.
    But I suppose I'm in a different demographic.
    HTH

    Leave a comment:


  • scooby
    replied
    We've just had an offer of 185k accepted on a 210k house. They had been on the market for 12mth+ and were becoming desperate, having recently dropped it by 10k.

    Every house we viewed had been on the market for a minimum of 8mths, and many had dropped their price by 10k at least once. They just arent selling, and the market isnt getting better. Yet estate agents are valuing at silly figures, and mortgages are refusing to lend based on the survey valuation which regularly comes in lower. There is a disconnect somewhere...

    I cant figure out the market at the minute, it's strange, yet many sellers are getting twitchy after 9mths but wont reduce the price or accept offers...

    Leave a comment:


  • sasguru
    replied
    Up in London, down everywhere else.
    HTH

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by Old Greg View Post
    London prices are inflated by sas's shed.


    head

    Leave a comment:


  • Old Greg
    replied
    London prices are inflated by sas's shed.

    Leave a comment:


  • DimPrawn
    started a topic Are house prices going up or going down?

    Are house prices going up or going down?

    The answer is.........both

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