We've been Gazundered!

telfordwhite

ILW wrote: »

True.
But in the case of Gazundering, you could be £30k better off and the only person you have offended is a stranger who you are never likely to meet again. Bit different.

Your "stranger" is somebody elses loved one.

Chances are you wouldn't be 30k better off as the deal would probably fold, you will just have left a trail of disappointment and wasted (other peoples) money behind you.

But never mind eh, they're all strangers.

tawse57

telfordwhite wrote: »

Well for the record, I do look down from my high horse at people like you and I do feel superior.

Not everyone is in the position of being able to take a cut of several thousand pounds from a previously agreed deal at short notice without suffering hardship.

There is nothing wrong with hard bargaining but your stance is basically dishonest. If you are happy with your character then fine but I would imagine it to be a lot lonelier down there than where I am.

You are a piece of work aren't you.

I find it hysterical that you get so wound up about it as well.

HAMISH_MCTAVISH

This thread has been linked to from hpc......

http://www.housepricecrash.co.uk/forum/index.php?showtopic=151067

So no wonder there has been so much support of a despicable act such as gazundering.

The Scottish system does not have this problem, as offers are legally binding. England should follow our lead in this regard.

Arthritic_Toe

HAMISH_MCTAVISH wrote: »

This thread has been linked to from hpc......

So no wonder there has been so much support of a despicable act such as gazundering.

HPC is not the evil empire. I post there too (I happen to believe there will be a substantial reduction is house prices). Holding this viewpoint does not mean that you are automatically in favour of gazundering.

For you to make this generalisation speaks volumes about your small-mindedness though.

ess0two

Arthritic_Toe wrote: »

HPC is not the evil empire. I post there too (I happen to believe there will be a substantial reduction is house prices). Holding this viewpoint does not mean that you are automatically in favour of gazundering.

For you to make this generalisation speaks volumes about your small-mindedness though.

I've been a long-standing (if not prolific) bear on here and I've always considered we've held the moral high-ground, and been proved right by correctly predicting the financial doom and subsequent crash.

The knowlege and wisdom gained on here helped me to avoid following the masses into financial ruin and buying in a housing bubble. When I finally made an offer on a house, it was a very low offer based on my expectations for a continued weakening in prices. However, when that offer was accepted, I felt that I had made a deal on a handshake, my word was my bond, and I went on to complete at the agreed price. I would not have dreamed of double-crossing the seller at the last minute before exchange, by lowering the offer.

Support for gazundering is nothing to do with the bulls vs bear argument - but its everything to do with the sort of person you are. Just because house prices have been forced to ridiculous levels by idiots (buyers, speculators, regulators, lenders and chancellors), does not make acceptable to con people. Championing gazundering substantially weakens the argument.



PMSL at the first paragraph.

Walter_J

Arthritic_Toe wrote: »

HPC is not the evil empire. I post there too (I happen to believe there will be a substantial reduction is house prices). Holding this viewpoint does not mean that you are automatically in favour of gazundering.

For you to make this generalisation speaks volumes about your small-mindedness though.

I too am a regular on HPC, believing not only that a substantial fall in house prices is inevitable but also that it is desirable in the wider interests of the economy and society in general. I am a home-owner.

I dislike both gazumping and gazundering. I also dislike Hamish McTavish.

[Deleted User]

tyllwyd wrote: »

What a load of old nonsense. We keep hearing over and over again 'a house is only worth what someone is willing to pay for it'. So someone offers a certain amount of money, it is totally reasonable for the seller to proceed on the basis that they are selling the house for what it is worth. Then to wait until everybody in the chain has committed themselves, possibly spent a thousand pounds or more with surveys, mortgage arrangement fees and all the rest, and then to say 'well, actually it isn't convenient for me to pay what we've agreed' - that's perfectly honourable behaviour?

If a survey throws up unexpected problems, fair enough, but to go into the transaction fully expecting to bully the seller into accepting less at the last moment, that's pretty underhand.

+1 If you agree to something you should honor it unless there is an unforseeable circumstance that means you can't. To blackmail people knowing that they have already outlayed money to get thus far is rather selfish IMHO.

tawse57

Is this Housepricecrash Annoymous?

"Hello, my name is Brian and I am a member of Housepricecrash... it all started many years ago when the wife..."

Arthritic_Toe

ess0two wrote: »

... correctly predicting the financial doom and subsequent crash.

PMSL at the first paragraph.

(Had to Google PMSL)

Well I may not be Mystic Meg, but I did flag up Northern Rock's questionable lending in 2006, which puts me ahead Gordon Brown, the Bank of England and the FSA...

http://www.housepricecrash.co.uk/forum/index.php?showtopic=22317&hl=125%&st=0

Pathetic, own trumpet blowing aside, there were plenty of very knowledgeable posters on there who correctly predicted the meltdown.

Arthritic_Toe

tawse57 wrote: »

Is this Housepricecrash Annoymous?

"Hello, my name is Brian and I am a member of Housepricecrash... it all started many years ago when the wife..."

:rotfl:

I feel better now I've confessed. Now on to the alcoholism...