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Debate House Prices


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Dream House

Tassotti
Tassotti Posts: 1,492 Forumite
in Debate House Prices & the Economy
Hi,

I know I have been bantering with bears about the housing market, but this is serious.

I have seen a 5 bed property with swimming pool and sauna reduced from 1.1Million to 900K.

I think 200K is a good reduction! trying to moneysave!!

Normally I would offer 65% of value, but the are not a desparate seller.

I'm gonna offer 765K cash for it

Any thoughts?

Tass
«1345

Comments

  • GDB2222
    GDB2222 Posts: 26,457 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Indoor or outdoor pool? How big?


    Why buy now?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Tassotti wrote: »
    I have seen a 5 bed property with swimming pool and sauna....
    Go for it, and I hope you and Mr. Barrymore are very happy together.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Tassotti wrote: »
    Hi,

    I know I have been bantering with bears about the housing market, but this is serious.

    I have seen a 5 bed property with swimming pool and sauna reduced from 1.1Million to 900K.

    I think 200K is a good reduction! trying to moneysave!!

    Normally I would offer 65% of value, but the are not a desparate seller.

    I'm gonna offer 765K cash for it

    Any thoughts?

    Tass

    Recessions aren't bad for everyone! If you have cash then you can do very nicely out of them.
  • Bf109
    Bf109 Posts: 634 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    mewbie wrote: »
    Go for it, and I hope you and Mr. Barrymore are very happy together.

    :rotfl: .
    [FONT=Arial, Helvetica, sans-serif]Rise like Lions after slumber
    In unvanquishable number -
    Shake your chains to earth like dew
    Which in sleep had fallen on you -
    Ye are many - they are few.    [/FONT]
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    >Recessions aren't bad for everyone!<

    The ponies are suffering a bit. I've told my stable boy to buy all their feed from Aldis!
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Tassotti wrote: »

    Any thoughts?

    Tass

    Would you ike a lodger?
  • justpurchased
    justpurchased Posts: 581 Forumite
    Tassotti wrote: »
    Hi,

    I know I have been bantering with bears about the housing market, but this is serious.

    I have seen a 5 bed property with swimming pool and sauna reduced from 1.1Million to 900K.

    I think 200K is a good reduction! trying to moneysave!!

    Normally I would offer 65% of value, but the are not a desparate seller.

    I'm gonna offer 765K cash for it

    Any thoughts?

    Tass

    If you can afford it and are not looking to sell it in the next few years why not.
    At the end of the crash there will only be the S**T holes left anyway.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Thinly veiled "I've got condiserably more money than you" thread IMO
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • tr3mor
    tr3mor Posts: 2,325 Forumite
    Tassotti wrote: »
    Hi,

    I know I have been bantering with bears about the housing market, but this is serious.

    I have seen a 5 bed property with swimming pool and sauna reduced from 1.1Million to 900K.

    I think 200K is a good reduction! trying to moneysave!!

    Normally I would offer 65% of value, but the are not a desparate seller.

    I'm gonna offer 765K cash for it

    Any thoughts?

    Tass

    If I had £800k in the bank I'd be on the first flight out of this country!

    :money:
  • pickledpink
    pickledpink Posts: 763 Forumite
    Tassotti wrote: »
    Hi,

    I know I have been bantering with bears about the housing market, but this is serious.

    I have seen a 5 bed property with swimming pool and sauna reduced from 1.1Million to 900K.

    I think 200K is a good reduction! trying to moneysave!!

    Normally I would offer 65% of value, but the are not a desparate seller.

    I'm gonna offer 765K cash for it

    Any thoughts?

    Tass

    You should definitely buy it - that sounds a BARGAIN!!

    A 5-bed house round my way (no swimming pool I'm afraid) will set you back a bit more than that http://www.rightmove.co.uk/viewdetails-20267603.rsp?tr_t=buy&pa_n=1&mediamode=pictures&curr_media_n=1&from_showcase=false:money: .................so I'd go for it if I were you!
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