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Ftb's Are Back!!!!!!!!!!!!!!!!!!

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Comments

  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    Well, there is a doom and gloom group who seem to enjoy the thought of a armageddon :)
  • QTPie
    QTPie Posts: 1,373 Forumite
    confused31 wrote: »
    Some people will not accept the facts that these 6 properies have sold within 4 weeks, they will say oh they will fall through and say other things , i think a lot of it is jealousy.

    No, they haven't "sold".

    And no it isn't "jealousy" :rolleyes: .

    It is "realism": it SOUNDS good, but I think that you have to be cautious. There is a lot of instability in the property market and a h*ll of a lot of people messing around (buyers, sellers, developers).

    QT
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    QTPie wrote: »
    No, they haven't "sold".

    And no it isn't "jealousy" :rolleyes: .

    It is "realism": it SOUNDS good, but I think that you have to be cautious. There is a lot of instability in the property market and a h*ll of a lot of people messing around (buyers, sellers, developers).

    QT

    I said that before they havent sold, but people are obviously prepared to buy otherwise why would they make offers???

    If its not jealousy what is it?? these people make loads of post's about house prices crashing and no one buying, and has soon as there is a sign on people coming back and buying they make post's trying to dismiss the hard facts.

    They are soon posting links to things abiut the market crashing, what else could it be other than they are jealous of people who are in a position to buy or they are just bitter.
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Cat695
    Cat695 Posts: 3,647 Forumite
    ess0two wrote: »
    Brits an accepted troll on here,and most likely will still be saving for another 6 yrs.
    The market is moving very,very slightly we aint gonna see mass take up,its just some are quick to rubbish it,hence Brit the 50% falls troll.


    Yet the troll as you call him is one of the few people on this thread that has said anything logical

    or should we all deny the job losses...house repos....record debt....recession
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cat695 wrote: »
    Yet the troll as you call him is one of the few people on this thread that has said anything logical

    or should we all deny the job losses...house repos....record debt....recession

    Logical in what way?

    Not everyone is losing their jobs,or getting repo'd or have massive debt,people still need and want to buy houses for whatever their circumstances.
    Just some on here rubbish any thought of it.
    Official MR B fan club,dont go............................
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    Cat695 wrote: »
    Yet the troll as you call him is one of the few people on this thread that has said anything logical

    or should we all deny the job losses...house repos....record debt....recession

    show me the 220% falls in the area the area coleshill, birmingham??
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Cat695
    Cat695 Posts: 3,647 Forumite
    ess0two wrote: »
    Logical in what way?

    Not everyone is losing their jobs,or getting repo'd or have massive debt,people still need and want to buy houses for whatever their circumstances.
    Just some on here rubbish any thought of it.


    It doesn't need everyone to lose their jobs or have their house repo'd to make house prices fall

    I'm not that smart but even I can figure out if a certain amount of houses get repo'd or enough people lose their jobs which makes buisnesses fail then the banks can't lend money out because they are not getting enough in
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • Cat695
    Cat695 Posts: 3,647 Forumite
    confused31 wrote: »
    show me the 220% falls in the area the area coleshill, birmingham??


    220% falls?? i never said falls I said the rise in companies that have gone under in the last 3 months of 2008 from the previous year
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • QTPie
    QTPie Posts: 1,373 Forumite
    confused31 wrote: »
    I said that before they havent sold, but people are obviously prepared to buy otherwise why would they make offers???

    Whether those buyers are capable of fulfilling the offers is a very different matter, plus there are/will be people making seemingly "acceptable" offers with the intention of gazundering. Some of those will still go through, but many wont.

    Looking around the market here, there are quite a few properties going "SSTC", then reappearing back "Available" within 4/8 weeks - it is surprisingly common :(

    Some people are just not being realistic (or doing enough research) when they make an offer, sadly :(. The "mortgage" forum here makes interesting reading.

    I am not saying that the 6 SSTC houses in your village will not go through to completion, but - even when it seems that things should be straightforward - don't count your chickens...

    I think that we, personally, were guilty of "counting our chickens" when our house was SSTC (FTBs with good depsosit and mortgage arranged), but they still gazundered and it fell through. No obvious reason, they just got cold feet and bam! (at least I am choosing to believe that and not that it was their intention to gazunder all along...).

    The property market is just a very "funny animal" at the moment: the only thing that you can be certain or, at the moment, is that nothing is certain! ;)

    Personally, I would welcome some more movement: no movement in the property market gets in the way of people's lives... :(

    QT
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    Cat695 wrote: »
    220% falls?? i never said falls I said the rise companies that have gone under in the last 3 months of 2008 from the previous year

    ok show me any big drops??
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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