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Selling in record time
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Note from my first post that the next house took 15 months. That's where we were over-egging the pudding, and pushed for too, too much.
We had one like that too, in 2007. The first EA we had it on with valued it at £675k. Having paid £117k for it ten years previously, I think we were being greedy (although we had spent around £100k on necessary upgrades and it was a one-off period house).
We actually liked this guy and his small independent company and they had sold two previous houses for us in record time - including our first house - so we were inclined to believe his valuation. Big mistake.
Six months later, a handful of viewings and no offers we jumped ship to one of his rivals who similarly specialised in the higher end properties locally. They valued it at £595k! We had two offers within two months - this was a 3500 sq ft house so there were never going to be masses of buyers clamouring for it - and accepted an offer of £585k which completed six weeks later........Mortgage-free for fourteen years!
Over £40,000 mis-sold PPI reclaimed0
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