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Would this put you off?

24

Comments

  • danielley
    danielley Posts: 744 Forumite
    Part of the Furniture Combo Breaker
    I searched on Zoopla, Sold Prices and it came up.

    I just spoke to the EA and I said that I had seen the property for sale a few months back for a higher price, but assumed that it had sold. The EA pretended to look at some notes and said 'No, it has just been reduced'

    So either he doesn't know or he is covering something up... maybe the elusive ghosts issue.:eek:

    I am viewing the property this afternoon (with the agent) so I will report back if he cracks under pressure and tells me the TRUTH!
  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,393 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Maybe they've painted all the interior walls purple and moved the bath to the middle of the bedroom. Some people do strange things to houses and knock thousands off the value.

    Most likely it's a job loss / relocation or a relationship split up and they have to move quickly. And house sales are often busiest during the summer and slow down towards winter anyway. Is there a major local employer making redundancies?
    A kind word lasts a minute, a skelped erse is sair for a day.
  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Really don't think it's something the EAs could or would lie about. Have you tried going back on Zoopla and double checking you were on the 'sold' tab and not the 'for sale' tab? Sorry to state the obvious! :)

    Isn't there some law still about keeping a property for 12 months or the government (or whoever) think you're a property developer and you end up paying more tax on it? Not sure if that's the same if the property's up for less than what they paid though!

    Intriguing... I want to know too now :D

    Jx
    2024 wins: *must start comping again!*
  • carefullycautious
    carefullycautious Posts: 2,465 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    WHy are you all suprised that this house has dropped in value?

    Or am I missing something

    If people cant sell due to the first time buyer problems then they are just going to have to drop the price if they want a quick sale.
  • danielley
    danielley Posts: 744 Forumite
    Part of the Furniture Combo Breaker
    hazyjo wrote: »
    Have you tried going back on Zoopla and double checking you were on the 'sold' tab and not the 'for sale' tab?
    Jx


    After your first post I went and rechecked as I doubted myself, but it definitely is listed as Sold. Same on Rightmove Sold Prices.

    Regarding the Land Registry updating things; I think it depends on your solicitor informing them, as my house which I boughtback in 2005 had no listing and I had to add it myself.

    Just trying to pluck up the courage to 'confront' the EA and pretend I googled it this afternoon and saw the sale price.

    The agent was saying that the market is moving VERY quickly at the moment and if I want it, I will have to move quick. I love all the pressure tactics :D

    carefullycautious - My original question was would you think that there is anything sinister about it being back on the market so quickly - I assume you are just assuming that its straight forward change in circumstance and they are just pricing to sell....
  • tyllwyd
    tyllwyd Posts: 5,496 Forumite
    Do you need a mortgage? I thought mortgage lenders were being funny about lending on houses which had been owned by the previous owner for less than six months. Might be worth checking that won't cause you a problem.
  • danielley
    danielley Posts: 744 Forumite
    Part of the Furniture Combo Breaker
    tyllwyd wrote: »
    Do you need a mortgage? I thought mortgage lenders were being funny about lending on houses which had been owned by the previous owner for less than six months. Might be worth checking that won't cause you a problem.

    Yes it will be mortgaged... now there is something I never knew....
  • Horasio
    Horasio Posts: 6,676 Forumite
    Part of the Furniture Combo Breaker
    Maybe there was a murder there or a reposession
    An average day in my life:hello: :eek::mad: :coffee::coffee::coffee::T :o :rotfl: :rotfl: :p :eek::mad: :beer:
    I am no expert in property but have lived in many types of homes, in many locations and can only talk from experience.
  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CCStar wrote: »
    Maybe there was a murder there or a reposession

    Was listening to X Factor as I read that and 'Always Look on the Bright Side was playing in the background. Seemed somewhat apt lol :D

    I'm thinking something might have fallen through rather than actually completed - not to say it wasn't something messy that fell through after exchange or something. Make sure they're not about to mess you about... fingers crossed.

    Jx
    2024 wins: *must start comping again!*
  • Horasio
    Horasio Posts: 6,676 Forumite
    Part of the Furniture Combo Breaker
    hazyjo wrote: »
    Was listening to X Factor as I read that and 'Always Look on the Bright Side was playing in the background. Seemed somewhat apt lol :D

    I'm thinking something might have fallen through rather than actually completed - not to say it wasn't something messy that fell through after exchange or something. Make sure they're not about to mess you about... fingers crossed.

    Jx

    We sold our house to someone who killed his whole family in there 6 years later. He was carted off to a secure place and it has been on the market and been sold since.

    It happens
    An average day in my life:hello: :eek::mad: :coffee::coffee::coffee::T :o :rotfl: :rotfl: :p :eek::mad: :beer:
    I am no expert in property but have lived in many types of homes, in many locations and can only talk from experience.
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