for those with there house for sale how low are the silly offers coming in at ?

dannyboycey

andysstuff wrote: »

Isn't it just - excludes anything you are likely to buy on a day to day basis.

Chuck a load of 'everyday goods' into that basket and inflation would be closer to 10% Everybody knows they are trying to pull the wool over our eyes by manipulating the figures. Absolute joke.

nickswift

My friend was trying to get a remortgage yesterday I was in the car when he got the phone call. They told him that the house was only worth £130k after valuation, and he has been trying to sell it for 3 years at £169k (estate agent told him it was worth this)!! he has recently dropped it to £149k - looks like he is gonna have to drop it some more - south manchester.

barnaby-bear

wellandpower wrote: »

Hi Lizzy,

Ive only just registered and I will tell you that I am from housepricecrash.co.uk as well, so I am bearish on property at the moment.

http://forum.globalhousepricecrash.com/index.php?showtopic=18657&st=0&start=0

The moderation policy on HPC means that only bears post there so although some worthwhile opinions it can be a little odd when half a conversation gets historically editted. Here's a thread on another forum explaining it.

Griptool

lotus76 wrote: »

It's really nice that you're all so concerned about me!:j Bless.

We put down a 40k deposit on a house worth 230k so that will protect against negative equity somewhat won't it?

You'll be well protected from negative equity:rotfl: - you now own a leveraged asset if the value of your asset drops by 18% you lose 100% of your money - not what I'd call protected.

Imelda

bigjoe wrote: »

dannyboycey wrote: »

What if it's Chelsea????

People like you think you know everything when you don't even know where the flat is.

I very much doubt there is anything up for £242k in Chelsea.... it's in East London.
We're selling to rent for the next year or so as we are undecided about where to buy next.

IcemanUK_2

Lizzie

What does it matter what any of us think?

I understand your original question but I think this is the wrong place to ask it to be honest. I would estimate only a very small percentage of posters on here know of or indeed have experience of prices in your area so you would be much better doing your own research.

I am amused by this whole attitude of house prices and wanting to get as much as possible for them! NONE of us ordinary mortals benfit from this madness! Only the banks. Houses are not pension funds or SIVS or investment vehicles they are just places to live in and build a fmaily and have nice memorys and in that sense what does it matter what your's is worth? It is worth now today precisley what you are lucky enough to get for it and not one red cent more than that no matter what anyone tells you (or you think).

My personal take is that we will see price drops now of upto 50% across the whole board, it has already started and will only pick up pace as the REALITY of the GLOBAL insolvency crisis of the banks escalates and unfolds. I am NOT a doom monger just a realist that can see clearly that this assett bubble has now burst and the first casualty will be inflated house prices. The second will be job losses as we enter recession because our whole economy is built on debt, HPI and consumerism.

If you are inclined to want to blame someone, anyone then blame Gordon, Crusty and her property !!!!!! show and the banks that allowed an asset bubble built on debt to go on for too long and get out of control.

Good luck to you and I honestly hope you get what you want for your home but please dont keep your eyes closed about where we are at like the rest of the sheeple in this country!

Rover

IcemanUK wrote: »

NONE of us ordinary mortals benfit from this madness! Only the banks. Houses are not pension funds or SIVS or investment vehicles they are just places to live in and build a fmaily and have nice memorys and in that sense what does it matter what your's is worth? It is worth now today precisley what you are lucky enough to get for it and not one red cent more than that no matter what anyone tells you (or you think).

Absolutely spot on Sir. We've all been had.

They already know this. Check the 12 monthly share performance of any organisation involved in houses, be that any big builder or heavily (house price) geared finance organisation. They're leaving the sinking ship - leaving you to pay for it.

caveatvenditor

CANT Wait TO PICK UP A CHEAP HOUSE!

40% OFF WILL DO ME FINe :beer:

:j

:T

:rotfl:


:cool:

...and I dont care for other people's misery either - as they didn't care when they priced ME out on the way up.

chriz1000

Well I have just had an offer accepted for £215k and it was on sale for £230k. The property sold in summer 2004 for £201k.

I would say you have put your house on the market for too little if you are unwilling to negotiate in today’s market. If the pricing guide was as you described I would have listed it at £155k. Then if an offer of £130k came in, you could push it a little higher and know it’s a done deal, then everyone’s feels like a winner.
At the moment everyone wants to negotiate on the price and feel like they have grabbed themselves a bargain so they won’t feel as bad when the crash takes full effect.

dannyboycey

The property has only been on the market a few days. This would be a really interesting one to follow up if Lizzie is willing to keep us all updated.

Would love to hear what offers are made over the course of the next few weeks.....

Some more background info would also be welcome - such as area, rightmove link, more details on house etc.

It has certainly been a lively debate - pushing 5000 views now in one day!! Impressive!