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To those selling in these difficult times

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Comments

  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi

    Just had a call from the EA and the interested couple want to come and view again on Saturday at 2pm - weird as they have already put in two offers which i declined, so dunno if they are coming to actually speak to me in person or are they coming to make sure this is the house they really want, or are they coming to cross it off their list??? lol god i wish i knew.

    Gonna have to make sure everything is sparkling again, hard work when you have 2 kids are pregnant have a chest infection and also youngest 14 months is ill with chest infection too (spent all day at A&E yesterday - which is another story in itself! lol) - but i wanna sell my house so its gotta be done!

    Heres hoping they up their offer on Saturday!!!

    ;)

    I think you can be sure they're not coming for a nice cup of tea, though I should give them that, and some cakes too! People can be odd, I know, but most would only come back in those circumstances if they were really serious. Time to decide what your bottom line is, and the best way to explain it to them. As your agent is handling the sale of the one you want too, he/she should be pulling all the stops out to get a reduction for you. Don't allow him/her to sit on his/her fundamentals!
  • scurr
    scurr Posts: 295 Forumite
    Ugh, have 3 viewings tonight - should be delighted but still have sneaky feelings of, well if it doesn't sell I get to live here longer.
    House is ready, just hate all this waiting for people to turn up - have 2 new people and the couple who sawthe house last weekend are coming back. Just working out how & when & what we can eat between viewers 2 & 3!
  • At the beginning of this year we decided to relocate from Herts to Yorkshire to be closer to family, countryside, coast etc. My husband set about looking for a job and our house was valued at £280K. By the time my husband signed his new contract (late July) our house was down to £250-270K. We went in at a hopeful £270K....within a couple of weeks we had to come down to £250K. We had some promising viewings but nothing much happened. By this time hubby was working away Mon-Thurs and I was at home with a toddler...depressing times.
    After discussions with our agent and a look at the vast number of properties for sale in the area we decided to go for broke to see if we could sell this year....or it was plan B (hubby finds job back in Herts). We dropped price to £215K which was £12K less than we paid in 2004....we had an offer of £207.5K from FTB's which we didn't accept and have finally got another offer of £210K from more FTB's which we have had to accept. Once we pay off our mortgage and settle all bills we will come out with less than £5K....not even our deposit back and nothing for the bathroom we've renovated etc etc.....On one hand I think we're lucky to get a buyer (fingers x it goes to exchange) and on the other I feel like we're doing completely the wrong thing....it's a bitter pill to swallow but I can see reading this we're not the only ones. People keep saying...well prices will have come down elsewhere....they don't seem to have been hit as hard in Yorkshire and certainly not in the lovely town of Ilkley. Coupled with the fact that we now have to save for a deposit since they are now looking for 10/15%. I'm finding it difficult to be cheerful that we'll soon be heading north where we wanted to be!
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mum 2 Zak, that's quite a large drop at 22%, but if it goes through you'll be free to rent for a bit and, provided things go as most pundits ae expecting, you'll eventually see a reward for being bold when others are fearful.
  • mez1974
    mez1974 Posts: 29 Forumite
    Right Price or Too Cheap !

    Our house was on the market in February at £185,000 and since moved it down to £169,950 and have accepted an offer of £152,500.

    I spent a week thinking about it trying to get the price up slightly but to no avail so i thought I'd take the plunge as we are upgrading to around the £250,000 area and I expect to knock off a similar percentage.
  • hard work when you have 2 kids are pregnant have a chest infection and also youngest 14 months is ill with chest infection too (spent all day at A&E yesterday - which is another story in itself! lol) - but i wanna sell my house so its gotta be done!

    Ouch, you poor sod. Get OH to do the cleaning, and look after yourself and the baby!
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Well so another weekend swings round, no viewings booked in here for the weekend, its gone ever so Quiet, Hopefully I will get a phone call today, I only need one person, thats my mantra at the moment. Hope one of us gets a bit further forward this weekend.
    Scurr sounds like a little flurry, thats good, without viewers you cant sell.
    I wonder how Lisa is getting on?
    Pawpurrs x ;)
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mez1974 wrote: »
    Right Price or Too Cheap !

    Our house was on the market in February at £185,000 and since moved it down to £169,950 and have accepted an offer of £152,500.

    I spent a week thinking about it trying to get the price up slightly but to no avail so i thought I'd take the plunge as we are upgrading to around the £250,000 area and I expect to knock off a similar percentage.

    You've experienced about the same kind of drop as I've had in that time, and we're both SSTC, so not too cheap for the dire conditions, nor as cheap as places will be when we reach New Year and the real gloom kicks-in. A bit like the 'Phoney War' in 1939, for most people, this is still the 'Phoney Recession.'

    Of course if I talk like this, there will be someone along shortly saying that I'm gloating or wishing the worst on others. I'd just reply by saying that I've no desire to see anything, except others reducing their asking prices to levels that will make houses affordable for my kids. Inevitably, for that to happen, houses will have to drop 40% from their 2007 'madness' prices.
  • Jorgan_2
    Jorgan_2 Posts: 2,270 Forumite
    Davesnave wrote: »
    Of course if I talk like this, there will be someone along shortly saying that I'm gloating or wishing the worst on others. I'd just reply by saying that I've no desire to see anything, except others reducing their asking prices to levels that will make houses affordable for my kids. Inevitably, for that to happen, houses will have to drop 40% from their 2007 'madness' prices.

    I'm seeing drops of 25-30% from last summer, very few sellers will accept that though, the ones that are are the ones selling.
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Where abouts are you Jorgan?
    Pawpurrs x ;)
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