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Is this house too risky?
Comments
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Crashy_Time wrote: »Because I think it will sell at that price. Let`s face it, three years on the market tells us it won`t sell at current "value" ?
So justify "It is worth 80K" How much do you know about Sandbach? Why do you think you can name an exact price for any house anywhere in the country, given that you have never even bought or sold one?
It's nonsense, just stop it.0 -
ScorpiondeRooftrouser wrote: »So justify "It is worth 80K" How much do you know about Sandbach? Why do you think you can name an exact price for any house anywhere in the country, given that you have never even bought or sold one?
It's nonsense, just stop it.
Big assumption that you have no evidence for. My price guesstimates are nearer the mark than your assumptions IMO
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seashore22 wrote: »Ignore Crashy. He just doesn't want anyone to buy anything.
Don`t mind them buying at fair value, but people thinking their house needs to double in value every few years is just nonsense. The good news is that if houses in this area are sitting unsold for three years, then the market for silly prices has run out of steam?0 -
Crashy_Time wrote: »Big assumption that you have no evidence for. My price guesstimates are nearer the mark than your assumptions IMO
It's true though, isn't it.
What assumptions are you referring to? That's just something else you have pulled out of your !!!!.0 -
Crashy_Time wrote: »Don`t mind them buying at fair value, but people thinking their house needs to double in value every few years is just nonsense. The good news is that if houses in this area are sitting unsold for three years, then the market for silly prices has run out of steam?
When you joined this site calling yourself Crashy Time and spouting this same stuff in July 2014 the average house price was £189K. The average house price is now £220K.
At least admit that anyone who listened to you then, shouldn't have.0 -
ScorpiondeRooftrouser wrote: »It's true though, isn't it.
What assumptions are you referring to? That's just something else you have pulled out of your !!!!.
Yes, it`s true, the first house linked to will be lucky to get 80K IMO, note I said "in my opinion" because that is all it is, but I`m very happy to be proved wrong when I see a link to it selling for 100k + or whatever. The house is a dingy tight little space, absolutely nothing special, it would have been BTL fodder before the tax rules changed.0 -
ScorpiondeRooftrouser wrote: »When you joined this site calling yourself Crashy Time and spouting this same stuff in July 2014 the average house price was £189K. The average house price is now £220K.
At least admit that anyone who listened to you then, shouldn't have.
Do you know what average sales volumes are now?0 -
Crashy_Time wrote: »Do you know what average sales volumes are now?
No. Have house prices crashed in the 3 years you have been foretelling it here? Or have you been consistently wrong?0 -
ScorpiondeRooftrouser wrote: »No. Have house prices crashed in the 3 years you have been foretelling it here? Or have you been consistently wrong?
Sales have crashed, a fictional statistical average "value" from companies with a VI in getting people into debt for property isn`t much use if you can`t find a buyer :rotfl: Since I joined here there has been a massive sea change in the public/political sentiment towards property. As I said, so glad I am not trying to shift an over-priced property, or even a reasonably priced one for that matter The OP`s link shows us what happens when sellers just can`t see the bigger picture. 0 -
Crashy_Time wrote: »Sales have crashed, a fictional statistical average "value" from companies with a VI in getting people into debt for property isn`t much use if you can`t find a buyer :rotfl: Since I joined here there has been a massive sea change in the public/political sentiment towards property. As I said, so glad I am not trying to shift an over-priced property, or even a reasonably priced one for that matter The OP`s link shows us what happens when sellers just can`t see the bigger picture.
Have prices crashed, or have you been consistently wrong?0
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