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Debate House Prices
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Speculative offer...made on our home!
Comments
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It sounds a good offer
I used to live in a "fairly special town" but not sure if it is like yours.
Most of the home owners are baby boomers (average age for the town 55, so you can imagine the age of the majority of the population) so now prices are falling they are looking to sell and scale down/retire.
Strangly this town is the nicest lowest crime, beutifull area in the county but due to high house prices and an ageing population the prices have droped rapidly.(Mainly due to the above reasons)
I would think this kind of thing could happen in many nice towns where the population age is unsustainably high.
port sunlight?It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
Speculative offer...made on our home!
I've never understood why when someone places a 'bid' for a property, it's called an 'offer'
Tell them you want at least 10% more than their 'bid' and see what they say !!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
I've never understood why when someone places a 'bid' for a property, it's called an 'offer'
Tell them you want at least 10% more than their 'bid' and see what they say !!!
Because in contrat law you don't make bids, you have invitations to treat, offers and acceptance. Invitations to treat oftern get miss identified as offers but that is another story.0
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