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Price drop in East Croydon??
Comments
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hey guys, thanks for all the comments.
The agreed price was almost £20k less than asking price and I am also saving on stamp duty as its less than 175K. But I just feel that by mid next year the value might fall close to the agreed price which is why am looking for a buffer. I have got a fixed rate mortgage till Dec 2010 and felt with a further reduction I can avoid -ve equity when am up for remortgaging in 2 years time.
But the property is walking distance to east croydon mainline station and that may help hold the value of the property. But am uncertain about these things!!!.luckily, no chain and am a FTB :-). So...0 -
bump bump bump0
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PasturesNew wrote: »I've never been to Croydon and probably never will.
Lucky you![FONT=Arial, Helvetica, sans-serif]Rise like Lions after slumber
In unvanquishable number -
Shake your chains to earth like dew
Which in sleep had fallen on you -
Ye are many - they are few.[/FONT]0
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