Why FTB should Resisit buying now and Save instead! explained

davilown

pandamonia wrote: »

also Lichfield has 17% - 20% off.

Might be worth watching this place, there is a new Defence Medical services place being built here so local homes may be a good short-term investment for someone willing to take a risk?

ABUSE

davilown wrote: »

Might be worth watching this place, there is a new Defence Medical services place being built here so local homes may be a good short-term investment for someone willing to take a risk?

A stupid risk at that - only buy with a long term view in mind.

Once you buy this so-called short term property, you might as well throw away the key as you are locked in for an eternity.

IveSeenTheLight

pandamonia wrote: »

i dont have more than one username lol?

why would i need others?

Fair enough, you just seemed to have a similar style to others on here and I missed the pre-edited post 1 that ess0two picked up on in post 2

Kenny4315

davilown wrote: »

What's wrong with artex? Surely it will be back in fashion in the next decade or so??

Not the style they had in this house, it was the worst artex I have ever seen, and it was all over the place, hallway (ceiling & wall), front room & dining room (wall), kitchen (walls), Bathroom (walls), Bedrooms (just a bit), problem was loads of it was raised well off the surface, so it would be difficult as hell, to overskim, and costly (with little add-on value to the house). A few other things not quite right boiler 2003 install, kitchen bit dated (probably spruce up would have been ok, general sloppy worksmanship, which I personally detest, but in short it is best to walk away, as I could immediately see the long term cost (including time) vs benefit of the works.

pandamonia

davilown wrote: »

What's wrong with artex? Surely it will be back in fashion in the next decade or so??

do you think this will affect the house prices?

confused31_2

6 first time buyer properties sold by me from the end of january till this week, i think they must be listening to pandaomonia's advice just hope your not looking to buy here pandamonia.

if you want to look do a search for coleshill birmingham and tick the stc, its very surprising.

we had a viewer this morning they told us they ad sold their house twice in weeks, and this is the area they come from.

Kenny4315

Looking at repo on monday, priced at £110k, although sold for £143k early 2008, have it on reasonable authority from the agents, bank will accept just over the £100k mark, rental income around £1000 PM as single rooms, or £600PM as whole house. Some minor works and updating required but sounds a prospect.

davilown

Kenny4315 wrote: »

Looking at repo on monday, priced at £110k, although sold for £143k early 2008, have it on reasonable authority from the agents, bank will accept just over the £100k mark, rental income around £1000 PM as single rooms, or £600PM as whole house. Some minor works and updating required but sounds a prospect.

Artex?:D 30% drop since Jan 08 is not bad.

Kenny4315

davilown wrote: »

Artex?:D 30% drop since Jan 08 is not bad.

Different house, hopefully no artex.

Bank has instructed EA to get rid at around the £100k, bought my first house in street next to it, in 1995, for £43k.