We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
making a new offer on house that fell through!
green_tree_2
Posts: 31 Forumite
After the sale of my property fell through 6 months ago, i lost the chance to buy a house that i really like. I am now in a position to buy this property as it is still for sale. However it is not worth what it was 6 months ago, what would be best to do ? offer 10% less than i agreed before ? or just wait ? the sellers were not very easy to deal with when i offered before. Thanks to all for any help given
0
Comments
-
Have you sold your place yet? Actually sold, or stc? If you can actually proceed, then any seller would be daft to be rude to you, especially a seller who has been trying to sell for the last 6 months or more. Oh sorry, you need to offer based on what the place is worth now, in the current market, not based on what you agreed to pay 6 months ago.No reliance should be placed on the above! Absolutely none, do you hear?0
-
At least 20% off what you offered 6 months ago, there is a long way to go yet for price falls0
-
Hi, my property has exchanged and completed 3 weeks a go and i am living at a cousins house for 3 months whilst i decide what to do0
-
green_tree wrote: »Hi, my property has exchanged and completed 3 weeks a go and i am living at a cousins house for 3 months whilst i decide what to do
My advice would be to stay with your cousin as long as possible. I think there's a couple of years of falling prices still to come, but who knows?No reliance should be placed on the above! Absolutely none, do you hear?0 -
My advice would be to stay with your cousin as long as possible. I think there's a couple of years of falling prices still to come, but who knows?
The longer you wait, the less you'll pay and the better house you'll get for your money.
Look at the market. One of the worlds biggest banks went bankrupt today... you think that condusive to the stabilisation of falling house prices?Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.0 -
Ah, so now you are a much better buyer prospect. Is there any sign of the house you were looking at going for less now? Does the asking price undercut your original offer?green_tree wrote: »Hi, my property has exchanged and completed 3 weeks a go and i am living at a cousins house for 3 months whilst i decide what to doAfter the uprising of the 17th June The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee Stating that the people
Had forfeited the confidence of the government And could win it back only
By redoubled efforts. Would it not be easier In that case for the government
To dissolve the people
And elect another?0 -
no signs that the house will come down in price, i did make some enquires with the agent but i was told the sellers are very difficult to deal with - so i found.
I will wait and see how they feel about snapping my hand off in 6 months time:j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards