We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Is it still possible to buy repossessed property???
Comments
-
A few auction websites to look at as i don`t know what area you live look at results and that gives you an idea of prices paid,i would also go to a local property auction just to get a feel for things first.https://www.barnardmarcusauctions.co.uk https://www.allsop.co.uk https://www.grahampenny.co.uk i find most repo property ends up in auctions.0
-
I no off 1 local repo .An ex council house it was on the market for £99,000
It was in the paper they had been offered £125,000 .
Everything here now goes over the asking price .0 -
remax are advertising a repo in my area at the mo. didnt know it was repo till i got to the viewing but it was offers over 96k which is about normal for this area.
it was awful. at least 20k work needing done and the layout etc was just awful. no room for more than a bed in the bedrooms, whole bathroom needed ripped out. lounge no bigger than most family bathrooms.
EA thought it would fetch 100k. i think he is having a laugh but someone will think there is development potential in it i am sure.
like everyone has said, way up work against cheaper price. you prob wont be able to secure further funds for the work.'Proud To Be Dealing With My Debts' DFW 228 :j
Total outstanding - £13000. (approx)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards