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Another classic tale of greed and stupidity

dolce_vita
Posts: 1,031 Forumite
Couple given house "worth" 600k
Now for sale at around 400k
Are they happy about it?
No. It's a "nightmare"
They actually believe they are losing money.
!!!!!!. You couldn't make it up.
http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=490695&in_page_id=1770
Now for sale at around 400k
Are they happy about it?
No. It's a "nightmare"
They actually believe they are losing money.
!!!!!!. You couldn't make it up.
http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=490695&in_page_id=1770
dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing
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Comments
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It's not ITV's fault they can't adapt to new surroundings.... How much did they put into the house themselves? Because if they didn't put anything, making £400,000 is nothing to complain about.
Just from reading the article, it looks like it's their own fault it turned into a nightmare. It's just too easy to blame everyone else.0 -
It's only the Mail calling it a nightmare. The couple are even quoted saying " we can't complain as it cost us nothing."
Here's the rightmove link:
http://www.rightmove.co.uk/viewdetails-5861113.rsp?tr_t=buy&pa_n=1&mediamode=pictures&curr_media_n=0&from_showcase=falseEverything that is supposed to be in heaven is already here on earth.
0 -
It's been on the market for 2 years !!!!!!!
Has it taken them that long to realise that something is wrong?
They should have cut and run with 350k a long time ago.
Given their occupations that would represent a significant gain they could never have hoped to achieve anywhere else.
As the thread title says - greed and stupidity.dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0 -
Oooh, doozergirl, was just posting the same thing myself! lol
They certainly arent moaning!I'm a Nanny again! 23rd April 2012
Elijah arrived 7 weeks early, 4lb 6.5ozs struggling a bit but in neo natal so well looke after!
I'm A Nanny! (3rd July 2008)
Carmella arrived 7 weeks early, 4lb 11ozs and doing well in Neo natal :j0 -
cry me a river...
though nice one to the mail for over playing the situation. Wouldnt expect it of that paper at all, hmmmm0 -
Looks a typical "never let the truth get in the way of a good story". The couple are happy to get anything out of it and get rid (not "we've lost £600,000 like the paper was implying). The paper found a couple of NIMBYs for a quote. (Can't see too many thatched houses in that photo). Fancy designer interiors don't always sell houses (Himalayas didn't fall into the sea today and the weather in the Sahara will be hot). And to finish with being really catty, how old is that picture of Linda Barker? Or did someone have nothing to do for a couple of hours and a copy of Photoshop?A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
dolce_vita wrote: »
!!!!!!. You couldn't make it up.
Unless you work for the Daily Mail, apparently..........0 -
Regardless of the sensationalist tone that the mail has applied to this story, it is nevertheless true.
They have been sat on this house for two years without selling and are now having to drop the price when could have taken their money ages ago.
(STUPIDITY)
They were hoping for HPI to deliver further free money but have mis-timed the market and are now trying to bail out.
(GREED)dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0 -
dolce_vita wrote: »Regardless of the sensationalist tone that the mail has applied to this story, it is nevertheless true.dolce_vita wrote: »They have been sat on this house for two years without selling and are now having to drop the price when could have taken their money ages ago.
(STUPIDITY)dolce_vita wrote: »They were hoping for HPI to deliver further free money but have mis-timed the market and are now trying to bail out.
(GREED)A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
OK Bob, I was just reading between the lines for the "GREED" bit
I still stand by the "STUPIDITY" bit though.dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0
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