PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

constructive criticism please..need to sell house asap

Options
123457»

Comments

  • nadiamaj
    nadiamaj Posts: 27 Forumite
    Combo Breaker First Post First Anniversary
    Options
    i understand just we struggled before with a low offer at 134 but thats gone she pulled out so its just rejusting the figures / mortgage to meet the shortfall....borrowed money previously so will have to borrow even more now......
  • Aylesbury_Duck
    Aylesbury_Duck Posts: 14,003 Forumite
    First Anniversary First Post Name Dropper
    Options
    nadiamaj wrote: »
    i understand just we struggled before with a low offer at 134 but thats gone she pulled out so its just rejusting the figures / mortgage to meet the shortfall....borrowed money previously so will have to borrow even more now......
    But it wasn’t a “low offer” of £134k was it? As you are discovering, it was a great offer, some way above market value it would seem.

    What do you mean, “borrowed money previously”? Do you mean you needed money from friends/relatives to afford it when the chain was in place? If so, have you declared it to your mortgage provider? Are you maxed out on what you can get on a mortgage?

    I’m getting a little worried for you about the affordability of that house. If a few thousand in the context of £240k is that tight and you need to be borrowing money on top of the mortgage, perhaps you should reassess whether it’s the right move for you?
  • nadiamaj
    nadiamaj Posts: 27 Forumite
    Combo Breaker First Post First Anniversary
    Options
    thank you for the concern ..there was a short fall

    all was and has been declared to the mortgage company this is the only house we can afford in terms of mortgage and living costs thats why ive fought so hard at negotiating compromising and now taking this lower offer are getting a better mortgage deal this time
  • nadiamaj
    nadiamaj Posts: 27 Forumite
    Combo Breaker First Post First Anniversary
    Options
    th 134k was a good offer
    its this one at 125k but it is what it is and w cant risk loosing this buyer or the next house
  • nadiamaj
    nadiamaj Posts: 27 Forumite
    Combo Breaker First Post First Anniversary
    Options
    anyway thank you everyone for your help....gosh ive felt the heat!!!

    we're taking 125k and moving on with life!
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    First Anniversary Name Dropper First Post
    Options
    nadiamaj wrote: »
    http://www.rightmove.co.uk/property-for-sale/property-61712263.html

    This appears to be expensive for where it is?
  • nadmaj
    nadmaj Posts: 360 Forumite
    Options
    Its the poor mans affluent area weve got it down to 225 this estate agent always over values by 10k anyway .....
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.2K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards