We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
homebuyers
ash121_2
Posts: 14 Forumite
why if many economists are predicting a sharp correction on the price of properties are homebuyer companies happy to pay 80 % of the value of your property??
0
Comments
-
may i also say im not a hpi or hpc enthusiast!!! i predict flat or falling prices, im just curious :rolleyes:0
-
because if they pay 80% of the value, they can flip it for 90% of the value immediately
property prices are coming down, but not at 10% in a couple of months
yet.It's a health benefit ...0 -
you : Mr homebuyer I'd like you to do a valuation on my house
Mr Homebuyer : no problem, that will be £500 and I'll be right over...
you : ok here you go
Mr Homebuyer : ok, I have looked around your house and I will offer you £140,000 if you sign here right now
you : but my house is worth £200,000. You said you would pay 80% of it's value
Mr Homebuyer : yes we did but the house needs new double glazing, a new bathroom and kitchen.
you : ok, I'll leave it. Can I have my £500 back
Mr Homebuyer : no
Well it's kind of like that
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards