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Debate House Prices


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And another bear bites the dust... mbga9pgf's epiphany....

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Comments

  • new_home_owner_3
    new_home_owner_3 Posts: 1,191 Forumite
    edited 17 April 2010 at 10:58AM
    mbga9pgf wrote: »
    Lovely, another avoided question.

    talking about avoiding questions,

    Is the house a repo or are they desperate sellers?

    You need to make your mind up?

    You said you had over 100,000 pounds deposit, yet you said you are borrowing 225000 pound from barclays and you are putting 30% whats happening to the 30+000 you will have left from your deposit?

    you could be putting more than 30% but you clearly said i am putting a 30 percent deposit down and you clearly said you was borrowing 225000.

    Or didnt you really have over 100,000 pound depost?

    @geoffky

    You said on the 08.04.2009 I HAVE had a offer accepted on a house, not i HAD.

    By saying i HAVE had a offer it means currently.

    I can not really be bothered proving you two are liars the holes are there for everybody to see, if you keep on trying to argue the fact carry on., but like i said before, your making yourselves look like a right pair of twxts.

    Whether the earnings of mgfsdsss are wrong from myself, ill still say he his lying from all the other discrepancies with his post's.

    I wont be adding anything more to this thread for a few days, ill let the pair of keep on digging.:cool:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I can not really be bothered proving you two are liars

    Christ. I'd hate to see your posts if you WERE bothered.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    talking about avoiding questions,

    Is the house a repo or are they desperate sellers?

    You need to make your mind up?

    You said you had over 100,000 pounds deposit, yet you said you are borrowing 225000 pound from barclays and you are putting 30% whats happening to the 30+000 you will have left from your deposit?

    you could be putting more than 30% but you clearly said i am putting a 30 percent deposit down and you clearly said you was borrowing 225000.

    I originally thought from the rightmove pics it was occupied; it then turned out from the EA that it was empty "and in a bit of a mess". When we went to view, we found it with yellow warning tape all over it not to use the fawcets. The EA had never advertised it was a repossession, nor had he told us until the viewing.

    Right, I am starting to understand this now. You are a little thick. Offer 325. Deposit over 100K. Borrowing 225 with HSBC.

    Little question, what is 100 divided by 325 and multiplied by a hundred?

    House last sold for 360K back in Q1 2006. Want any more details chump?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mbga9pgf wrote: »
    House last sold for 360K back in Q1 2006. Want any more details chump?

    House prices seem to be back to around Q1 06, so I take it you have bought a repo for 10% under the going rate, well done.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mbga9pgf wrote: »

    As I say, I expect prices to fall further.

    No you don't - that's why your buying now.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Dan: wrote: »
    No you don't - that's why your buying now.

    Oh, yes I do.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mbga9pgf wrote: »
    Oh, yes I do.

    After all that !!!!!! you spouted over the last couple of years, and now suddenly your buying???....nah, don't buy the fact you expect prices to fall....just admit it....you were totally wrong about the housing market.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Nope, I expect there to be some pretty serious falls over the next 2 years. THing is, I have found a HOME, and as soon as my name is on the deeds, the only thing I will give a sh*t about is getting the balance of the mortgage down to zero.

    I expect to pretty much lose 60% of my deposit over the next 2 years, do I care? not really. In fact, I want it to happen. For too long young, decent hard working families have been priced out by greed allowed by the government and accepted by those who own.

    Time Britain started investing in things that mattered, like our economy, instead of expecting a free gravy train by purchasing somewhere to live.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mbga9pgf wrote: »
    Nope, I expect there to be some pretty serious falls over the next 2 years. THing is, I have found a HOME, and as soon as my name is on the deeds, the only thing I will give a sh*t about is getting the balance of the mortgage down to zero.

    I expect to pretty much lose 60% of my deposit over the next 2 years, do I care? not really. In fact, I want it to happen. For too long young, decent hard working families have been priced out by greed allowed by the government and accepted by those who own.

    Time Britain started investing in things that mattered, like our economy, instead of expecting a free gravy train by purchasing somewhere to live.

    If you expect prices fall by a serious amount over the next 2 years, why not hold out? Think of all that money your'll save!
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mbga9pgf wrote: »
    I expect to pretty much lose 60% of my deposit over the next 2 years, do I care? not really.

    So for two years you've posted on here and HPC about house prices, your deposit, how things are going to crash, how you're going to emmigrate... etc. etc. Over 4,000 posts on house price related subjects, probably nearly half a million words.

    And now, suddenly, you completely changed your mind and just don't care about losing 60% of all that money you've saved? What suddenly changed in you to make you go from caring about money so much that you didn't spend a single penny on anything more than bare essentials to not caring if you lose tens of thousands? Seems strange to swing from one complete extreme to another. Just curious really.

    It strikes me that there is a happy medium in between the middle of these two extremes.
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