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Diary of a Poor Person aged 46 1/2
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Everything is fine atm, thx.No reliance should be placed on the above! Absolutely none, do you hear?0
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thats good to hear
Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
:heart2:Ebay Challenge 2011 - Still supporting from afar!
Long haulers supporters DFW #2230 -
having a really nasty day
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does anyone on here know about those companies who buy ur house quickly? is it really as bad as i think it is?Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
:heart2:Ebay Challenge 2011 - Still supporting from afar!
Long haulers supporters DFW #2230 -
Yes, about 30% below market value Ive heard.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
30% omg thats bad Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
:heart2:Ebay Challenge 2011 - Still supporting from afar!
Long haulers supporters DFW #2230 -
Might vary depending on where it is.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
30% omg thats bad
Most of these companies operate a scam. They buy at a huge discount on the back of a promise that the owners can stay on at a low rent for as long as they like. The snag is that the tenancy agreement is only for 6 months, and after that it's either not renewed or the rent shoots up. So, the scam is that there's a carrot dangled that's snatched away once they've bought the house at a ludicrously low price.
Assuming you are in a hurry to sell, either put it in an auction or reduce your asking price for a quick sale. You need to make a really careful assessment of what the true value of your home is based on recent sale prices, then pitch your asking price say 5%-10% below. Remember that people offer below asking price, but if you have pitched a low asking price you won't need to offer much of a discount. Very good luck!
If the true value is say £100k, you could always try 'offers over £80k' and hopefully get a queue of buyers competing and pushing the price up to £100k. That only works if £100k is the true value not some fancy asking price.
That's only my opinion, of course, and you could ask on the housing boards for more advice, which will no doubt conflict. :0No reliance should be placed on the above! Absolutely none, do you hear?0 -
thanks GDB2222!
will think about this Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
:heart2:Ebay Challenge 2011 - Still supporting from afar!
Long haulers supporters DFW #2230 -
well its our 2nd anniversary of debt counting in the 2 years we have paid off £90,165 and now have our cc / loan debt down from 152 to 119k! thats some going i think Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
:heart2:Ebay Challenge 2011 - Still supporting from afar!
Long haulers supporters DFW #2230 -
Thats excellent
I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0
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