Is it just my area, or are there a huge number of new properties on the market?

HAMISH_MCTAVISH

Emy1501 wrote: »

I wonder how much they spent doing it up to get the same price they paid for it after 2.5 years. Nice one!

:rotfl:

I viewed that property in 2007 as we have friends that live nearby, which is how I know it has a railway line at the back of the garden.

All they've done is redecorate, and put some carpet down.

Couple of grand at the most.;)

And still a lot cheaper than rent in the meantime... Particularly if they've been on a tracker.:D

HAMISH_MCTAVISH

!!!!!!_face wrote: »

Under offer is non-binding. It's merely the first stage of negotiation.

Not in Scotland, !!!!!! Face....:D

Offers are legally binding, so you need to have your mortgage pre-approved and be willing to buy if they accept.

lostinrates

I wonder why moving so quickly? especially if they went to the effort of redecorating?

The rooms look big, if a bit...bland, and the garden looks nice. It just doesn't d it for me though.

HAMISH_MCTAVISH

!!!!!!_face wrote: »

Yeah it's an epic fail, indicative of the desparation they must be feeling as they know if they wait any longer they'll start to lose serious hard cash in the forthcoming crash.

Or alternatively, with Aberdeen being an area of high transience in employment for the oil industry, they might just need to move for work......

Or maybe they know prices are about to boom and are upgrading while they can still afford it......

Or maybe living 30 metres from a railway line got on their nerves.

All of which seem more likely than an "epic fail indicative of the desperation they must be feeling as they know if they wait any longer they'll start to lose serious hard cash in the forthcoming crash.:rotfl:

Emy1501

HAMISH_MCTAVISH wrote: »

:rotfl:

I viewed that property in 2007 as we have friends that live nearby, which is how I know it has a railway line at the back of the garden.

All they've done is redecorate, and put some carpet down.

Couple of grand at the most.;)

And still a lot cheaper than rent in the meantime... Particularly if they've been on a tracker.:D

Somehow I suspect a new kitchen costs a lot more than than a a couple of grand. I know which houses round my area have railway lines behind them but does not mean I have been in them and no how much has been spent on them in the last few years.

It not hard to tell a place which has recently had lots of money spent on it so saying something has been extensively done when it has only had a copuple of grand spent on it is a bit stupid unless there are a lot of thick people in your area.

The pictures suggest a property ladder style job and I suspect at least 10-15K has been spent on the property if not more in recent years.

HAMISH_MCTAVISH

lostinrates wrote: »

I wonder why moving so quickly?
.

Aberdeen has a fairly transient population. Lots of people come here for 2 year contracts with work in the oil industry, bio sciences research contracts, etc.

It's surprisingly easy to pick properties at random and find houses that sold in 2007 that are up for sale again now.

But incredibly difficult to find one where the new mortgage valuation or sale price is significantly less than the 2007 price....;)

especially if they went to the effort of redecorating?

Actually that ones a bit easier. As I said, I viewed it, and the previous owners were selling due to divorce, and were half way through redecorating when it was sold. And by half way through, I mean they'd stripped the old wallpaper and carpets etc, and never got around to finishing the job.

I guess DIY is stressful for some people. Perhaps even divorce stressful!!!:D

Doctor_Gloom

carolt wrote: »

Loads of new ones on every day at the moment...

Obviously, it's spring, but I don't ever recall, in any of the last few years since I've been keeping a close eye on the market, this number of new-to-the-market properties coming on at once.

These aren't the same old coming on at marginally different prices - these are all new sellers.

I've noticed this in my local area too. I strongly suspect vendors know the next leg of the crash is just around the corner and are trying to bale out while they still can. The phrase "rats fleeing the sinking ship" clearly springs to mind.

treliac

carolt wrote: »

Loads of new ones on every day at the moment.......

Will be interesting to see what happens to them all post election - appears to be a case of cold feet pre-election; obviously none will sell beforehand, so we will have to wait and see...

Anyone else noticed the same trend?

Not really ..... wonder what all those that have already been on the market for ages will think of the new competition!

lostinrates wrote: »

what a funny looking little house. dumpy.

Well, it's Aberdeen, ain't it?

macaque_2

HAMISH_MCTAVISH wrote: »

Like this one.....

http://www-p.aspc.co.uk/cgi-bin/public/LiveProperty/272619?ID=FMACEINH#picture

Is this work of a Scottish architect? The only thing missing is a Telly Tubby in the garden.

Graham_Devon

Whichever whay you spin this one Hamish, the fact remains....bought for 173k, money spent on it, sold for 3k less.

They are even throwing in the range cooker, american style fridge, dishwasher and washing machine. All for 3k less than they bought the property for.