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Debate House Prices


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Here's how to buy a house at the right price

I cant wait to get into the buying game!! My approach will be this

Look at about 10 properties - that have recently come on.

Find about 3 acceptable ones

Tell EA to call me when vendor will take 35% below their 2007. Explain that at THAT point I will accept offers on my place at 35% below 2007 value. Otherwise don't call me

If he doesn't call they are still selling for too much

Wait and repeat 3 months later.

Its a buyers market now - they need to learn that you will only put your house up for sale once you have had an offer accepted on something else.

Will be a long wait buddy :rotfl:
«13

Comments

  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Strings wrote: »
    Will be a long wait buddy :rotfl:


    This needs to be read in the context of the thread in which it appears...

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=150338

    The next post reveals that the poster already owns a house anyway.

    And the thread itself is indicative of the number of deluded and greedy sellers out there.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nearlynew wrote: »
    This needs to be read in the context of the thread in which it appears...

    This appears to be a major issue round here at the moment!!
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Thanks naerlynew,
    "at THAT point I will accept offers on my place at 35% below 2007 value." ...

    didn't make it clear that he owned his own place already.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Joeskeppi wrote: »
    Thanks naerlynew,
    "at THAT point I will accept offers on my place at 35% below 2007 value." ...

    didn't make it clear that he owned his own place already.


    I'm talking about posts #5 and #6 muppetboy.


    (#5 is where the quote in the OP on this thread comes from)
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Yes, I was simply pointing out your stupidity at making a point of telling us he owns his own place when the quoted post already says as such.

    No reason, I just like highlighting the fact you're special needs. :)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nearlynew wrote: »
    I'm talking about posts #5 and #6 muppetboy.

    See, context an issue, again :p
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Joeskeppi wrote: »
    Thanks naerlynew,
    "at THAT point I will accept offers on my place at 35% below 2007 value." ...

    didn't make it clear that he owned his own place already.


    Maybe, but there's nothing wrong with emphasising the point.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Strings
    Strings Posts: 150 Forumite
    nearlynew wrote: »
    This needs to be read in the context of the thread in which it appears...

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=150338

    The next post reveals that the poster already owns a house anyway.

    And the thread itself is indicative of the number of deluded and greedy sellers out there.

    It is an idiotic statement to make, why would someone be stupid as to accept a 35% drop in the sale of their own property with the proviso that they can get 35% of the next purchase.
    It has nothing to do with sellers being greedy, this is about delusional buyer
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Strings wrote: »
    It is an idiotic statement to make, why would someone be stupid as to accept a 35% drop in the sale of their own property with the proviso that they can get 35% of the next purchase.


    Err......... so they don't have to spend as much money on the new house?*



    *(assuming they are "upsizing")
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I think it great the way the HPC mob decide what a house should be sold for icon7.gif
    Went to view a house with the Mrs last week, a 4 bedroom detached house with nice size garden etc

    The price was 225k. Now the wife knows my views on houseprices as I lurk on here most days but the property had been on a year so i thought if we really liked it I might put in an offer of say 185k for starters.

    After we viewed the house (pleasantly surprised) i enquired if there was any room to negotiate. Certainly she said, we rejected 220k last year but could maybe meet me halfway on the remaining 5k.
    '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
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