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help ..who will buy houses
Comments
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Actually, only in negative equity if the mortgage is more than what it sells for...
As above, give us a link.
Is there a major compromise that you know of? Or bad reputation in the area?
Jx
Given the offers received after 5 years on the market would it not be the case that negative equity is an issue here?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
After 5 years on the market, there's definitely something wrong with it!!
When did you buy it for £54k?
If you post a Rightmove link, you'll be able to get some constructive criticism that may help sell it!
A house priced appropriately for the market will sell!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
Only go over there tomorrow to evict your tenant if you have court-appointed bailiffs in tow. Illegal eviction is a criminal offence and courts don't mess around with landlords who try to do this......0
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Given the offers received after 5 years on the market would it not be the case that negative equity is an issue here?
Not necessarily. Overvaluation, probably.
We don't know what the remaining mortgage is so can't say they're in negative equity. If the mortgage is £30k and they sell for £35k, it would not be classed as negative equity. Just that they sold for less than they paid. People tend to use the term wrongly and think it means if someone sells for less than they bought, it's 'negative equity'.
Jx2024 wins: *must start comping again!*0 -
http://www.ferriersestates.co.uk/Property.aspx?pid=3067627&eaid=1293&sessionGUID=6b0fed45-7f30-4f38-92e5-7c82790cec86
cant find it on right move but this is it on the estate agents webiste0 -
have checked on zoopla and this is what the houses in the street go for , it was originally valued at 72 by the first agent hance it not selling they had over priced it0
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Not necessarily. Overvaluation, probably.
We don't know what the remaining mortgage is so can't say they're in negative equity. If the mortgage is £30k and they sell for £35k, it would not be classed as negative equity. Just that they sold for less than they paid. People tend to use the term wrongly and think it means if someone sells for less than they bought, it's 'negative equity'.
Jx
Post 3 OP states that selling price = amount owed to lenderThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
somberfate wrote: »she wants to leave and im quite happy for her to.
Make sure you have that agreement in writing, dated and signed by the tenant - you don't want them coming back later claiming illegal eviction and denying that there was an agreement.0 -
This one:
http://www.rightmove.co.uk/property-for-sale/property-28120365.html
Is £5k cheaper and looks much nicer. Is it near??
Lots of 3 beds up in the area for £55k.Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0
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