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Capitalise on house price falls (Buying tips)

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Comments

  • Eric1
    Eric1 Posts: 490 Forumite
    ukcarper wrote: »
    What has that got in common with gazundering
    Shamelessness.
    It can work both ways.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    brit1234 wrote: »
    the original post was specifically about tips on buying a property cheaper so really it should remain.


    No brit, it was just another installment of your endless pro-crash propaganda mission in a one-man-war against house prices and homeowners.

    Someone should move this thread to "debate house prices" board where it belongs.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • jockosjungle
    jockosjungle Posts: 759 Forumite
    Part of the Furniture 500 Posts Combo Breaker Home Insurance Hacker!
    Really think gazundering isn't right, you've agreed a price and you should pay it. I think over the course of the time it takes for house prices to fall and between offer and completion the difference is minimal.

    I've never sold a house (only just buying) but I imagine most of us in my position will buy more than one house in a lifetime, I think the whole system works better when people treat each other well.

    R
  • Glitzkiss
    Glitzkiss Posts: 5,326 Forumite
    brit1234 wrote: »
    I see your point. However the original post was specifically about tips on buying a property cheaper so really it should remain. Please ignore the bulls as they try and deviate it away from the original post. They are a little upset that house prices are falling even in Aberdeen.


    really? I see it as the forum equivalent of announcing on Facebook your parents are away for the weekend and there's a party at yours - all invited
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    it was just another installment of your endless propaganda mission...

    Pot meet kettle.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Eric1 wrote: »
    Shamelessness.
    It can work both ways.

    I don't think increasing asking price before a house is under offer is anything like gazundering or gazumping for that matter.
  • Eric1
    Eric1 Posts: 490 Forumite
    ukcarper wrote: »
    I don't think increasing asking price before a house is under offer is anything like gazundering or gazumping for that matter.
    You are right, it shouldn't be anything like those "immoral" things, but I'm afraid many buyers don't see much difference in the current market.

    When EAs and sellers took advantage of the recent shortage and pushed asking prices up, there was nothing wrong with it from their point of view, just business.

    But they may have overdone it.

    In a falling market, buyers may also think there is nothing wrong with gazundering, simply because they want to avoid negative equity.
    Just business.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    House prices are predicted to fall for the rest of this year- so if you’re looking to buy, what should you do?
    well... house prices rose last month - what happened to falling for the rest of the year.
    UK house prices rose by 0.4% month-on-month between June and July, Land Registry figures show.

    It takes the annual increase in prices to 6.7%, meaning the average property in England and Wales is now worth £166,798
    http://news.sky.com/skynews/Home/Business/Land-Registry-Figures-Show-House-Price-Rise-Of-04-Between-June-And-July/Article/201008415707757?lpos=Business_Second_UK_News_Article_Teaser_Region_2&lid=ARTICLE_15707757_Land_Registry_Figures_Show_House_Price_Rise_Of_0.4%25_Between_June_And_July
    never mind
  • Glitzkiss
    Glitzkiss Posts: 5,326 Forumite
    Oh good grief who resurrected this thread. Is it not enough you have your own board to post this drivel on 910fe5bc.gif

    btw, I'm an equal opportunity HPC bigot. You all annoy me :)
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