2 days away from exchage

Zammo

Doozergirl wrote: »

Oh yes, let's tell Martin to suggest gazundering and tell people how to do it in next week's Tip. :rolleyes:

There are ways to save money without turning someone's life upside down.

How puritanical of you. Would you be happy to go through with a sale if similar houses were selling for 10k less than what you were paying?

No, thought not.

Doozergirl

Zammo wrote: »

How puritanical of you. Would you be happy to go through with a sale if similar houses were selling for 10k less?

No, thought not.

I'm replying directly to your suggestion that it is within the MSE ethos to gazunder and that we are somehow stupid for not realising that. The insensitivity in that line shows you for exactly what some people were thinking you were.

You might save money but that isn't the only thing MSE is about. It's about consumer revenge and being clever with it, not upsetting individual folk.

Zammo

Doozergirl wrote: »

You might save money but that isn't the only thing MSE is about. It's about consumer revenge and being clever with it, not upsetting individual folk.

Would you be happy to sell someone a house knowing that the roof was about to collapse?

Stop cherry picking points from my experience to back up your pathetic argument.

Curv

So you knew the market was rocky, a fair while back the surveyor advised the lender not to lend, but you still strung the vendor along asking for price reductions before *only* deciding last night to pull out?!

How bizarre.

Zammo

Curv wrote: »

So you knew the market was rocky, a fair while back the surveyor advised the lender not to lend, but you still strung the vendor along asking for price reductions before *only* deciding last night to pull out?!

How bizarre.

The surveyor noticed a crack in the ceiling and requested a further structural survey be carried out before lending against the property

Any more straw men to throw at me?

:rotfl:

mr.broderick

Doozergirl wrote: »

I'm replying directly to your suggestion that it is within the MSE ethos to gazunder and that we are somehow stupid for not realising that. The insensitivity in that line shows you for exactly what some people were thinking you were.

You might save money but that isn't the only thing MSE is about. It's about consumer revenge and being clever with it, not upsetting individual folk.

I feel there are a lot of zammos around at the moment.
Prepared to lose thousands now than lose tens of thousands later.
I think zammo is a good indication of how sentiment is changing, chipped and chiselled away at the price and got what looks like a good deal, yet still prepared to walk away. I don't blame him, cause prices are gonna crash, I can feel it.

Doozergirl

Zammo wrote: »

Would you be happy to sell someone a house knowing that the roof was about to collapse?

Stop cherry picking points from my experience to back up your pathetic argument.

My 'pathetic' argument is that you knew exactly what you were doing and that you should never have entered into any agreement to buy a property if you have been concerned for a long time over the state of the market. Indeed it's you scrabbling around in the dirt looking to excuse yourself, still talking about the roof when the mutual agreement that a reduction in price would be the remedy to progressing the sale.

If any of your comments on this board are to be taken as informed ones, then you have to admit that you knew the associated risks with buying a property at this point in time.

I, very simply, would behave differently to you. I will go in knowing the risks, knowing how much it will cost, I will weigh up the benefits before I go and even make an offer - and I'm there right now! I haven't made that offer yet. If there are bad surveys I can renegotiate knowing I am justified. If market conditions change I will still be commited becase I have thought things through. And if, God forbid, I simply change my mind, I will have some humility about it, I will know that I wrecked a family's plans and I will accept it was my fault. That's all.

Zammo

Doozergirl wrote: »

My 'pathetic' argument is that you knew exactly what you were doing and that you should never have entered into any agreement to buy a property if you have been concerned for a long time over the state of the market.

Oh yes, I have been concerned. For four years I have waited for prices to drop from their seeemingly gravity defying edifice, completely unsupported as they are by economic fundamentals. But I finally got to the point where I could not wait any longer. After four years I finally conceded. I decided to buy. It seemed as if nothing was going to bring prices down to a level where I could borrow a sensible ammount to afford somewhere to live in a half decent area. And what happens two weeks after I finally capitulate - a tightening of the banks collective !!!!!! and a run on a British bank. At first I thought it would blow over like all the other crash causing scenarios I had witnessed over the years, so I continued with the buying process, hoping that the gathering storm would clear. Three long months later and the credit crisis is getting worse not better and massive drops in prices were being reported. I had no choice but to pull out. No way on earth would I be willing to risk my 50k deposit for the sake of hurting some BTLers feelings. Sometimes you have to put yourself first.

By the way, if you really are considering a purchase now you are a lot more idiotic than I gave you credit for. Can you honestly see prices rising or even staying level over the next year?

Doozergirl

I don't disagree with putting yourself first. I don't disagree with someone otherwise uninformed pulling out because of the news. I agree with taking responsibilty for your own actions and not blaming the vendors after they agreed to your roof renegotiation and agreed to blatant gazundering

If you are so clever yourself then you should be capable of making an informed decision, especially as you choose to participate in house price discussion, which I don't.

I'm looking at a property where I know that I can improve the value quite considerably in todays terms with relatively little outlay which should protect me from 30% falls. And I still haven't decided.

So call me stupid if you like but I wasn't the one who had to pull out of a house sale because they couldn't do the homework properly

Zammo

Doozergirl wrote: »

So call me stupid if you like but I wasn't the one who had to pull out of a house sale because they couldn't do the homework properly

Oh, I did my homework alright. I could have gone through with the sale, sorted out the house and still just about broken even in a years time if there were 10% drops. But why bother going to all that effort when I can sit back and pick up an already renovated house in a better area this time next year for the same price or less?

You are obviously sorely lacking in common sense.

Doozergirl wrote: »

I'm looking at a property where I know that I can improve the value quite considerably in todays terms with relatively little outlay which should protect me from 30% falls. And I still haven't decided.

If you're so well researched as you suggest why haven't you decided? Surely it's a no brainer. Or are you worried about the state of the property market?

:rotfl: