Sold my house within a week

dazco

We have just accepted a bid today after having our house on the market for less than a week.

Put it up for a tentative 550,000 and accepted 475,000.

This is not a thread suggesting that the housing market is not in freefall, just a thread saying we are lucky lucky b'stards.

Now I want to buy this bargain http://cgi.ebay.co.uk/BARGAIN-OF-2008-375-000-HOUSE-FOR-SALE-BLACKPOOL_W0QQitemZ120315092841QQcmdZViewItem?hash=item120315092841&_trkparms=39:1|66%3A2|65%3A7|240%3A1318&_trksid=p3286.c0.m14

But only half of the house is mine.

Should I get a mortgage and buy that beautiful house (as a liveable investment) or just get a modest detached house and owe no-one nothing?


Sorry if this sounds like a gloating thread but it does go to serve that sales are happening.

theGrinch

remember its not sold until completion

in history there have been more offers than completed deals.

dont mean to piddle on the parade, just balance it out

good luck though!

brit1234

dazco wrote: »

We have just accepted a bid today after having our house on the market for less than a week.

Put it up for a tentative 550,000 and accepted 475,000.

This is not a thread suggesting that the housing market is not in freefall, just a thread saying we are lucky lucky b'stards.

Now I want to buy this bargain http://cgi.ebay.co.uk/BARGAIN-OF-2008-375-000-HOUSE-FOR-SALE-BLACKPOOL_W0QQitemZ120315092841QQcmdZViewItem?hash=item120315092841&_trkparms=39:1|66%3A2|65%3A7|240%3A1318&_trksid=p3286.c0.m14

But only half of the house is mine.

Should I get a mortgage and buy that beautiful house (as a liveable investment) or just get a modest detached house and owe no-one nothing?


Sorry if this sounds like a gloating thread but it does go to serve that sales are happening.

Well done. Its a shame others haven't realised what is happening to the market. It just shows a big reduction in price will help you sell in these difficult times.

Chris2685

Nice to hear that you sold so quickly, although taking a 75k drop in asking price is surely some way towards a nose-dive isn't it? Unless it was over-valued by a lot in the first place anyway...
Good luck getting to the exchange

dazco

theGrinch wrote: »

remember its not sold until completion

in history there have been more offers than completed deals.

dont mean to piddle on the parade, just balance it out

good luck though!

Thanks

Because of the discount involved both parties have agreed a non refundable deposit of £5000 is to be given if not completed by a certain date.

That shows immense commitment but I do understand what you are saying, and the fat lady is not even gargling yet.

GDB2222

It's odd. That house has 4 bedrooms on Rightmove, but 5 on ebay. Before you get excited, you really ought to have a look at it on Rightmove, in particular the aerial photos. It's on a 4 lane highway, almost opposite the gates of the hospital, and it's a family house without a back garden.

The suggestion the seller makes that other houses in the road have sold for a million is absurd. The road is quite long, and the nice part is far away, opposite the golf course.

dazco

Chris2685 wrote: »

Nice to hear that you sold so quickly, although taking a 75k drop in asking price is surely some way towards a nose-dive isn't it? Unless it was over-valued by a lot in the first place anyway...
Good luck getting to the exchange

We are still happy with the price, didn't think I would be but I am.

The grounds have planning permission for another dwelling and we know the buyer has no intentions to build anything so he has paid, probably, over the odds for what is there but should get it back come resale time.

dazco

GDB2222 wrote: »

It's odd. That house has 4 bedrooms on Rightmove, but 5 on ebay. Before you get excited, you really ought to have a look at it on Rightmove, in particular the aerial photos. It's on a 4 lane highway, almost opposite the gates of the hospital, and it's a family house without a back garden.

The suggestion the seller makes that other houses in the road have sold for a million is absurd. The road is quite long, and the nice part is far away, opposite the golf course.

The house I have sold could have a different amount of bedrooms depended on the whim of the narrator because one of the bedrooms is downstairs, with an on-suite.

You say the other house has no garden? Are you sure that you are looking at the right house? Our house on the aeriel photo was the wrong house. The estate agent said there was nothing they could do about it because they could only enter the postcode. Not arguing, just asking.

You must admit it is a cheap house, and I know they will take 339K

dazco

I do not think it is the one on the map, that has white upvc windows.

GDB2222

dazco wrote: »

The house I have sold could have a different amount of bedrooms depended on the whim of the narrator because one of the bedrooms is downstairs, with an on-suite.

You say the other house has no garden? Are you sure that you are looking at the right house? Our house on the aeriel photo was the wrong house. The estate agent said there was nothing they could do about it because they could only enter the postcode. Not arguing, just asking.

You must admit it is a cheap house, and I know they will take 339K

It's this one:
107 North Park Drive
Freehold (Detached)
Sold for £305,000 on 27 Aug, 2004

He's probably spent some money on it, but not obviously a huge bargain at £375k. Other houses on that stretch of the road (it looks like a ring road or at least a very busy main road) sold for less. The one next door (109) sold for £275k in 2007. Surely prices are lower now?


It's quite a distinctive looking house, and you can find it quite easily using birds eye view in the map section. It's got another house very close at the back, so virtually no space for a gdn. There seems to be a patio out the back, but curiously no pictures of the back garden on rightmove or in the brochure. Now why, out of a dozen pics on rightmove, would they forget to take one of the back gdn?

dazco

True. But I still cannot identify it on a map.

The lack of garden would be ideal for me but I would be buying it as an investment and to live posh for a couple of years, and it may put buyers off.

The house I have had the offer on had gardening fees of £200 per month*shock*

I think I know the road it is on and it is not a ring road or anything and is a massively speed camerered at 30 mph and is fairly quiet barring both rush hours.

It is not £375k it is buyable at 339 before negotiations.

The sellers claim to have a new dwelling in the lakes, on ebay, yet will accept part exchanges on the estate agent web site.