Want to show this thread to my OH

kingstreet

If possible, could you elaborate on this;-

we cannot afford to live here anymore, we now know that we will not be able to afford another house so we will be renting when it does sell

please?

Running_Horse

My thoughts exactly. What has happened that you cannot afford to run one house he was able to buy (alone?) ten years ago? Debts? Reduced income? You may find renting far more expensive than a mortgage. Have you explored other ways of reducing debts, or increasing income?

propertyman

sugarwalsh wrote: »

Men can be stubborn

Yes men can be so emotional and irrational and not be objective about straightforward problems.

They always want to talk about how they feel about the issue rather than solving it.

Erm hang on have I got that the wrong way round..... ?

DannyboyMidlands

With prices falling you need to get ahead of the curve and sell rather than following the market down with little £5k reductions. If it was on for £110k a year ago you may have sold but even that amount now sounds ambitious. If you wait another year it may only be worth £90k.

Also, don't forget general inflation. The real value is reducing by 5% per year due to that alone.

puddy

you cannot assume that just because the person bought 10 years ago that there should be 'profit'

it may be in an area where prices have dropped more than the average

you havent factored in that this was a new build 10 years ago, which lost money the minute the bloke bought it

he has these factors against him when thinking that he 'must' have made money and its this attitude which will see him living in a property he can ill afford, chasing the market down

propertyman

If you are in love don't trash the relationship over your conflicting intentions.

The skill, and the patience to execute it, it to find other ways to change their position, and frankly part of making a long successful marriage ( sometimes its tough).

You might look at the " if we ( not you/him) want to achieve that price what about"
and look at decorating and house doctoring, decluttering, inexpensive but hard work, getting the recent sales figures as suggested, cutting back on the finest range for the value range all passive aggressive ways of doing it , and perhaps mainting a bit of pride that might be hurt as you were right and he was wrong.

The idea is to change the tools and context of the argument rather than beating him with a sheet of A4 .

Horizon81

puddy wrote: »

you cannot assume that just because the person bought 10 years ago that there should be 'profit'

it may be in an area where prices have dropped more than the average

you havent factored in that this was a new build 10 years ago, which lost money the minute the bloke bought it

he has these factors against him when thinking that he 'must' have made money and its this attitude which will see him living in a property he can ill afford, chasing the market down

Well where I live - the north east - prices have dropped more than average, and there are no houses here for sale at 2001 prices.

GDB2222

Horizon81 wrote: »

This is just plain wrong. He paid £84k for it on 2001 which is before the spike in house prices began. I'd expect some healthy profit on a 2001 house price!

Ah, but he bought it new, so he probably paid 50% over the odds.

jc808

Horizon81 wrote: »

Have come across this a couple of times when viewing houses, but usually when the couple have split up, and only one person is living in the house. The woman wants closure and to move on and sell at a fair price but the man wants to hold out for the peak price, as if that's ever going to happen.

same thing happened to me at a house i was offering on - wake up call imminent for homeowners across the country...

geoffky

your husband needs to realise that whatever the papers say about the housing market (they have a vested interest) it is in a really bad state in lots of places and prices are falling and have been for 18 months or so and the horizon does not look too pretty...get sold quick before you get caught up in a proper crash that some are predicting..good luck to both of you.