talk us out of going for viewings

lynzpower

No Im still here

Just had a busy day out and about.

For those who are interested its Upper Leytonstone, near to Whipps Cross hospital and the start of the beautiful Epping forest.

Will ponder this one. Might phone up on friday see if its still there ;|)

chrisandanne

Lynz, The best thing to do is to go and see it, then you can see all it's faults and reasons not to buy....if there are any. You then won't spend the rest of your life saying 'oh if only we'd bought that house'.

I looked at one from the outside last week for my Daughter and it seemed just what she needed, a quick look through the windows showed it to be overpriced tat bearing no resemblance to the estate agents blurb.

Good luck A x

mr.broderick

lynzpower wrote: »

OK,

was back in my old patch of london yesterday, and a 3 bed terraced house with garden is 179. Great roads. Lovely part of the Capital IMHO. Close to tube & amenities. Round the corner from where we used to live. No problem with the area at all. Not bad presentation. ( property not on RM EA must have pulled out of using them) 40foot garden ( needed we have a dog)

Would it Pushing it to get it down to 150?? (which is the point of dealing for us given that some of our dep has disappeared in our S&S isa. so we cannot touch 7k/5k "worth"/ of the investment.)

SOMEONE TALK US OUT OF IT PLEASE.

Hi Lynz this post kind of sums up the mentality of this board.
People are forgetting that houses are homes and are viewing them as a financial issue.
I've noticed a couple of members have replied and warned you against viewing.
These are the people who will never buy a home, they are too scared, they will definitely miss the bottom that is for sure.
I think you sold your last house and got out a bit of debt you were in.
You see more financially sound now so personally i'd go for it but what do i know?

Pobby

Well have to admit that I posted in a sarky way but in all seriousness if I was in the loverly Lynzs position I would be fairly cautious right now. OK it`s fine if you are just looking at an affordable home but imho they are going to get a lot more affordable over the next year or so. It`s clear that I cannot be certain but it is looking far more likely that prices will come down a lot further.

Brodders old buddy, I have to admit that if I was in my late 20`s/ early 30`s there is no way I would now. If I was in a decent paying job and had a decent rented property I would be waiting right now.

For you to say that `These are the people who will never buy a home, they are too scared, they will definitely miss the bottom that is for sure.`` I fear that is a huge assumption on your part.

mewbie_2

mr.broderick wrote: »

I've noticed a couple of members have replied and warned you against viewing.

Hope that's not me, sure you know I was joking. For once I didn't feel like trotting out the "if it suits your situation and you are happy about then its your decision". Partly because I reckon Lynzpower is pretty switched on anyway, and partly.. err.. because I wanted to have a laff.

ad9898_3

mr.broderick wrote: »

Hi Lynz this post kind of sums up the mentality of this board.
People are forgetting that houses are homes and are viewing them as a financial issue.
I've noticed a couple of members have replied and warned you against viewing.
These are the people who will never buy a home, they are too scared, they will definitely miss the bottom that is for sure.
I think you sold your last house and got out a bit of debt you were in.
You see more financially sound now so personally i'd go for it but what do i know?

I'm not sure many are going to miss 'the bottom', generally in houseprice crashes the bottom normally lasts about 4 years, I don't see anything special about this crash thats going to make it any shorter.

And 'scared', what does that mean ?, I've owned 3 houses over the past 12 years and didn't find anything scary about purchasing or owning any of them, I'm not sure anyone else would either.

neverdespairgirl

mr.broderick wrote: »

Hi Lynz this post kind of sums up the mentality of this board.
People are forgetting that houses are homes and are viewing them as a financial issue.

The trouble over the last few boom years is that people forgot that the biggest purchase in your life was a financial issue, not just a home.

hethmar

chrisandanne wrote: »

Lynz, The best thing to do is to go and see it, then you can see all it's faults and reasons not to buy....if there are any. You then won't spend the rest of your life saying 'oh if only we'd bought that house'.

I looked at one from the outside last week for my Daughter and it seemed just what she needed, a quick look through the windows showed it to be overpriced tat bearing no resemblance to the estate agents blurb.

Good luck A x

I think this is the way - it may look completely rubbish when you go there and if not well

facingthefuture

Please go on http://www.housepricecrash.co.uk/forum/ and tell them what you are thinking.....you will get independent advice that will save you a fortune.

poppysarah

If you can view and not fall in love with something too expensive that you really can't afford, then view.
The more viewings you do help you learn how to do viewings better.

The questions should include:
Can we really afford this? Can we afford it even if rates went up? Can we afford to lose our deposit if the equity is lost? Is it a house we can stay in even if our circumstances change? (ie: no buying 1 bedroom flats whilst you're fertile)


But view objectively. write a list and get every point covered.