Oh God, just seen my dream house for sale

doitmyself

supersavermum wrote: »

Thanks everyone for your sensible advice. Yes doityourself, I am impatient and impetuous but sometimes you just know the house for you. But I agree with you all I need to slow down; I know probably being sensible we can't afford it right now but what if we can in a years time and it's not ours.
Good point Eccle about the sealed bid I'm sure having sold this would make our offer more attractive. Greendragon, unfortunately this is the scale of house prices down here and not a lot to be done about it. MortgageMama, you're right mortgage payments would be totally unaffordable with my h working. Thanks for advising everyone - sts just saying stuff out loud and hearing what you don't like is good.

OK ssm, well I for one would like to offer you the best of luck in your quest to secure this place. Previously I asked if this place was worth £430k (cost + stated £50k renovation), of course that would be £475k in your case.

I agree that impetuousness can definitely work to the good sometimes but with a partner only just embarked on a new self-employed venture and with 3 kids as well you are raising the stakes considerably.

Good luck anyway

Phirefly

supersavermum, when you know, you KNOW

doitmyself

Phirefly wrote: »

supersavermum, when you know, you KNOW

Wonder is supersaver(er?)dad KNOWS too?
How you doing with your Dettol sales there Phirfly?

jyonda

You could do the work required to your current house first then you'd be in a stronger position to sell should any further dream houses appear. You'd also have made some extra equity (hopefully) and you never know, you might not want to move any more!

Best of luck

Phirefly

doitmyself wrote: »

How you doing with your Dettol sales there Phirfly?

I'm trying to sell its virtues to Mr Phirefly to encourage him to get a wriggle on with our Grand Clean. To no avail thus far.

supersavermum_2

that's the problem jyonda my last dream house appeared 5 years ago and we lost out because of making too cautious offer. Looking back we should have been bolder. But you're right the sensible thing to do is do this up and be in a better position. It's so hard when you hate the place you're in and all you want to do is get out. thanks for the advice!

pingu79

I think things just happen for a reason and its better to not look back with regret but consider what you have now.

We had to pull out on a house we really liked because movement issues meant we couldnt get full 100% mortgage on it. We were gutted at the time as by that stage had totally seen ourselves there. In hindsight it was a lucky escape as survey showed vendor had spent minimum money on the place in the 20yrs she'd been there bar decorating/kitchen so would of been a financial strain and solicitor reckoned we'd probably have difficulties selling it later on.

If the EA is estimating about £50k of work then its probably going to be even more than that and the survey would probably pull up some more not so obvious work. I think we all see beautiful houses that we fall in love with but realistically in this case it sounds like you don't have enough money to take a risk on it.