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Debate House Prices


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talk us out of going for viewings

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Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why not:D .....but its a long way for you ;):p
    I can travel to have a nosey around houses.

    Really, we're all interested in houses here. I bet we could get a minibus trip organised.

    :)
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    fc123 wrote: »
    I don't need a picture...just a dress size and height...
    Tough, I am sending you a video where young men lick my ears in public!
    Just because I can.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Tough, I am sending you a video where young men lick my ears in public!
    Just because I can.

    :rotfl: :rotfl: :rotfl: :rotfl:
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I thought you might be interested in this one - just sold at Auction in the same area you've been looking.

    http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=10760&l=519440

    Sold for £150,000
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I thought you might be interested in this one - just sold at Auction in the same area you've been looking.

    http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=10760&l=519440

    Sold for £150,000
    Two floor, 4 room, garden.

    I wonder if it's just the front of that house? 4 rooms seems very small for the apparent construction/layout to be expected. I wonder if the garden means that bit in the front?
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    Nope they have back gardens on that road ;)

    Thanks trev, but its a bit rough round those roads ( not that youd be expected to know that) , I did of course spot that one on my trawling ;)
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Brief update, there have been two houses on the cards in the last week. The first we have been trumped on an offer: its within our AIP value, but outside of our comfort zone of dbt in this climate. The opening bid from the other person was OVER asking price. So, I have this morning told agent thanks but no thanks, but call us if there is anychange. It was hard not to give in to the desire to bid up, not least because with interest rates so low I'm feeling very unloving towards our savings. The second house we came to realise was an emotional backstop for if we were outbid on the first, and have therefore obviously decided not to bid- both offered significantly different lifestyles to what we have been looking for, with pluses and minuses, so maybe has encouraged us to reconsider somethings we have ruled out.
  • MrDT
    MrDT Posts: 951 Forumite
    I have a viewing booked for tomorrow afternoon :o It's a repo in seemingly good nick from the photos. Full double glazing and GSH, so that saves me a couple of potentially bothersome and expensive jobs. Will no doubt need total redecorating, maybe a new kitchen and bathroom, but I'm happy doing jobs like that over time.

    I can afford to pay the asking price, but have no intention of doing so. The place is reasonably priced compared to similar houses in the area, but as I've stated in the past I still believe prices have some way to fall.

    My initial offer will likely be 30% under asking price (similar houses are selling at auction for less than this, the bank will no doubt be aware of this fact). I won't be going over 20% below asking price. If someone else wants to pay more then they're welcome to it, there'll be other houses :)

    I am under no illusion that we're anywhere near the bottom of the market. If this house is suitable though, and I can get a fair wedge off the already affordable price, then I'll go for it. If the house next door sells for a lot less the next year it won't be the end of the world, so long as I can keep up with my repayments.
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