got rid of another estate agent!!!

confused31_2

Squirreler wrote: »

We bought it as FTBs though, and don't expect to get much more than we paid for it in Sept 05. Not sure what level prices have fallen to now, is it 2005, 2006? I'm quite prepared to admit that if it doesn't sell then it's overpriced, but will wait a while longer before dropping the price I think.

Unless you know/ live in the area it's hard to say what is overpriced. We live in a nice part of our town where it's not often that little houses with parking come up, so I am naively optimistic thus far!

you never know you might be lucky, we had ours priced at 2003-2004 prices, remember thought its no good accepting a real low offer if you can not climb up the ladder to the next property has other sellers are still being very stubborn with their prices.

socrates

confused31 wrote: »

you say to me there is no point me selling for a year or 2 so i dont need to post, tell me exaclty why do you post anything,?your not selling, buying, renting or anything else, you just like to stick your nose in, and whatever you say his right, but we know sometimes your not dont we socrates??

All you do is have a opinion, but you never say what position you are currently in, is that because you tell lies???

I can understand estate agents being upset with what ive posted and ftb's, has what i have done effects both of them, but you it does not effect at all.

just tell us a bit about yourself and your situation, the one thing i am not scared of is saying it how it is, and how i find it, you keep on sitting on that fence.

Ask away - I have told you this many many times. I am an open book.

And as for not being right all the time - who is?

One thing I know for sure is you are always wrong. Now thats one thing I am definitely right about!

You wont use EA you wont use Mortgage Advisers - what chance do you really stand in this market?

The answer little or none.

Can you not smell the coffee? On the whole everyone disagrees with you - is there any possibility you have no idea what you are talking about?

I know you thrive on these debates and if you want an ally taxdodger is your man on the discussion board - he takes your stance - him against the world.

Once again - ask away ....

confused31_2

poppysarah wrote: »

Did you think about renting after selling to wait for the stubborn sellers.

renting is still a option, and i think if house prices fall anymore we may try and get a couple, i would love to have a couple of btl properties.

MissMotivation

Confused....I see that geographically we are quite close, care to put your theory that ALL estate agents are carp to the test???

Wickedkitten

confused31 wrote: »

no it doesnt make sense when we was first selling we had it on for 169000 and we was going to buy a house for about 200,000 and borrow 40,000 if we got 160,000 for ours

Now if ours drops to 80,000 and thats the bottom that would be a 50% drop, meaning if all houses drop 50% the 200,000 pound house would be now worth 100,000, meaning we would only have to borrow 20,000 pound.

bottom line sellers by me are very stubborn, i prefer to wait, even if we would have had a offer, i doubt very much we would have been able to move, has the houses that were 200,000 when we first started marketing ours are still around the same price.

If yours dropped to 80, you would have 30k equity which would mean you need a mortgage of 70k on a house that was worth 100k.

If you sold now and had 65k equity, you would have a mortgage of 35k.

confused31_2

MissMotivation wrote: »

Confused....I see that geographically we are quite close, care to put your theory that ALL estate agents are carp to the test???

no like i say i have enough of them, sorry you might say you are different, but i have heard it all before.

@socrates, i havent got nothing to ask you, you bore me.

MissMotivation

confused31 wrote: »

no like i say i have enough of them, sorry you might say you are different, but i have heard it all before.

@socrates, i havent got nothing to ask you, you bore me.

Scared that I will prove you wrong? Oh well nevermind, like you said, you're not serious about selling anyway.

confused31_2

Wickedkitten wrote: »

If yours dropped to 80, you would have 30k equity which would mean you need a mortgage of 70k on a house that was worth 100k.

yes but the houses i was looking at were price at 200,000 and still are.

If you sold now and had 65k equity, you would have a mortgage of 35k.

no if i sold now and had 65k equity to buy a house for 200,000 pound i would need a additional 135000 pounds:eek:

Wickedkitten

confused31 wrote: »

no if i sold now and had 65k equity to buy a house for 200,000 pound i would need a additional 135000 pounds:eek:

No, If you sold now and then went into rented until the bottom hits, and the 200k house dropped to 100k like you said, you would need an additional 35k.

socrates

confused31 wrote: »

@socrates, i havent got nothing to ask you, you bore me.

Yet another hypocritical line from you. Scroll up to what you said earlier.

Have you been to a doctor for your split personality?

As for you owning a couple of BTL properties thank god Nationwide had enough sense to turn you down - I would feel utterly sorry for anyone that became your tenant