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
How much is my house worth? Now
Comments
-
you can check out how much houses in your area have fallen by going to
http://www.propertysnake.co.uk this will allow you to see on average how much people are knocking off their prices. ones in purple are most recent drops in prices.MFW 148 - Mortgage £121,000 1Jan11 / Mortgage £120,300 28Jan11 / £119,808 24Feb11 / £119,400 22 April11 / £119,089 29 May11 / £118,500 October110 -
Hi I would take the money and run. If you only have £4,000 to pay off then do that and put the remainder in a high interest account, remembering to split the money as only £50,000 in each account or bank group is protected from collapse. Rent and see what happens with the market then when it takes an upturn thats when you buy and as you will be a cash buyer you will have an enviable position which you can use to your advantage.;)Thanks to all competitions posters and answer finders:TDon't squander time its the stuff lives are made of:rotfl::rotfl::rotfl::rotfl::rotfl:0
-
The reality of asking prices. With thanks to Property-Bee.
History
dateevent14 December 2008- Price changed: from '£90,000' to '£85,000'
- Price changed: from '£92,500' to '£90,000'
- Price changed: from '£96,500' to '£92,500'
- Price changed: from '£101,995' to '£96,500'
- Price changed: from '£107,500' to '£101,995'
- Price changed: from '£109,995' to '£107,500'
- Initial entry found.
0 -
I used propertybee for one a couple of weeks ago, but for some reason, the house price had gone up and down like a yoyo, there was no specific reason for this either.My suggestion and/or advice is my own and it is up to you if you follow it, please check the advice given before acting on it.0
-
IMHO, I think the amount you were offered is very good in this market considering most homes are not selling and the difficulties getting finance. If you try and get more from the buyer, they are more likely to just walk away and find a cheaper house or wait till later on in the year. I could understand you rejecting it if the offer was way too low like 60-70K, but in this market it is very difficult to say what the houses are actually selling at. The land registry is 3 months behind, there are too many houses unsold homes on the market. Could you not ask the Estate agent for advice on what offer have been made on similar properties in th area?0
-
what has your EA advised? not that that means anything I suppose as they are usually desperately to seal the deal in these times but they may be able to advise on whether they think it is a fair offer based on the local market, property prices are all over the place depending on location, the max reduction/sold prices in my local area are around 1-2% from original advertised price in the last 2 years, nothing like the 15% and more other people are suggesting in other areas, but then in the property boom this area didn't see overnight massive increases either, it's all relative I guessAug GC £63.23/£200, Total Savings £00
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K 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
- 16K Discuss & Feedback
- 37.7K Read-Only Boards