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Absolutely Exhausted Please Help

2

Comments

  • TBG01
    TBG01 Posts: 504 Forumite
    500 Posts Fourth Anniversary Name Dropper
    If you do decide to go down the 'We Buy Any Homes' route, be very wary.

    What they tend to do for example is, offer £60,000, you're nearing the end of the transaction when all of a sudden they reduce their offer, by a lot. It's nothing to do with survey results or anything like that. They just know how desperate the seller must be so will take full advantage of that. 
  • pinkteapot
    pinkteapot Posts: 8,044 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Agree with the others that (1) your buyer hasn't pulled out yet  :), (2) if they do, auction is a much better route than quick-sale company. 

    I know auction feels overwhelming because you don't know what you need to do. If your buyer pulls out, phone a couple of auction companies and just say you need to sell but have no idea how auction works. They should be able to explain it, and may be able to do more of the prep for you than you think (I don't know - I've not used auction - but it's worth the question). 
  • Murphybear
    Murphybear Posts: 8,062 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    First of all I’m sorry to hear of your problems and send you a virtual hug.

    I agree with what others have said and sell your house at auction.  Have a look at the “Which” website, they have a first class article about property auctions and they are not biased as they don’t buy and sell property.

    Keep posting on here as there are lots of lovely people who can offer practical help and a sympathetic ear.



  • Ditzy_Mitzy
    Ditzy_Mitzy Posts: 1,965 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Sorry to hear of your situation.  Nobody deserves a fraction of that particular lot in life, let alone the whole thing.  Proceed with caution: having a house you don't like is far better than having no house at all.  Your situation, presently, is not perfect but is at least relatively stable.  Selling the house might be a great idea, or it might be a terrible decision.  Owning is cheaper than renting, don't forget, and you need to think about how far your improved financial circumstances are predicated on your mortgage repayments. 

    Similarly improvements are the sort of thing that can be done gradually, in accordance with your budget and inclination.  They can, assuming not done as a big contract, be discontinued should a rainy day arrive.  Rent cannot; you are contractually obliged to pay the landlord regardless of whether you can afford it.  
  • jazzyja
    jazzyja Posts: 400 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    You sound alot like a situation I was in.....but mine was alot different in that I was renting.
    My old house both my children were born there and shared a room. I loved the house but my ex also left me and chose to never see his children again and the pain and misery he caused to both myself and my children just tainted the entire house. It felt almost haunted and that sick feeling when you have to look at them same walls and that same kitchen etc that you relate to so much misery and pain. 

    I was that desperate to get out I would of had ANYTHING quite literally. I was in a state of desperation like yourself and anything to get me away from that house......thats my biggest regret. I picked another house that was bigger but really not nice and now I've lived in this run down rubbish rented house for far too long with the world's worst landlord all because my mental state completely took over my capacity to think straight....you need to calm down and look at this logically. Dont rush into things and make the same mistakes I did. Just hang on and think of the end and a nice fresh start. 
  • deannagone
    deannagone Posts: 1,114 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 1 July 2021 at 11:07PM
    How are you doing?  I know it feels like you are taking on an unfair world on your own but we will help if we can and we do care.  The comment above is worth careful thought.  Why I posted is there a way you can make your present home feel better for you.

    When I was being evicted, I posted some frequent and very stressed threads on here and people really did try to help.  This site really kept me going (thank you everyone).

    Referencing other replies and the above, the other problem with private rentals is stability.  Having to move after your tenancy period is up because the LL wants to sell.., or whatever reason they give (and my private LL was one of the iffy ones too, very stressful dealing with him).  I am now in social housing, and while its not in brill condition, the rent is cheap, their reactions to things a bit more certain and its mine unless I do something awful. Unfortunately I'm not in a position to buy now, even shared ownership.  

    With private rentals you could be moving every year (not that that happens often though, but you are definitely going to be moving you and your children more often than you would in a house you own.  This can cause problems with schooling. 

    I wouldn't advise anyone going into social housing unless there was no choice though.  The process is quite stressful.
  • GDB2222
    GDB2222 Posts: 26,380 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Gosh, Suzie, you do sound stressed. 

    So, to relieve the stress, you’ll sell for £56k a property that seems to be worth £72k? I’m hoping that you are just venting. 




    No reliance should be placed on the above! Absolutely none, do you hear?
  • GDB2222
    GDB2222 Posts: 26,380 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 1 July 2021 at 11:42PM
    By the way, 100 feet is a long, long way above river level. You should be fine. 

    You got me interested and I checked the flood risk level for my road. No.1 is showing as medium risk. That’s at the bottom of the hill. We are 100m further along the road, maybe 20 feet higher, and we show as very low risk. HTH.
    No reliance should be placed on the above! Absolutely none, do you hear?
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