Repossession on market for £179,950

ryandj

If you don't ask you definately won't get it at 10/20/30% off so just give it a go!

Current economic climate seems to show slowdown in housing so have a punt!

If you can get a mortgage or have the cash, very soon you will be in an extreme minority so in a very good position to buy very cheap houses!

Trollfever

In uncertain times cash is King.

I know a repo that was on the market at £290k, dropped to £250k two months ago, and it now going to auction with a guide of £200k.

mr.broderick

glen8 wrote: »

If we can get them down it will enable us to ask a lower price for a quick sell

I was going to put ours on the market for £114,950 which undercuts all the competition.

We would need a mortgage of 100k

Typical newbie looking for a cheeky offer on a repo when theirs is no where near being marketed..bonkers.

mr.broderick

Trollfever wrote: »

In uncertain times cash is King.

I know a repo that was on the market at £290k, dropped to £250k two months ago, and it now going to auction with a guide of £200k.

Thinking of buying it tf? Where abouts is it?

dopester

Come the next 6 to 24 months, I'm expecting to be able to cash-buy nice 4 bedroom detached houses in nice areas in my county for £40K.

Due to my wolf heart I'm going to feed so hard on the debt ridden uneducated sheeple who believed Kirstie and all the house shows and bought in to the lie of forever rising property prices. Overvalued mania.

As for your question, why worry... they can only refuse your offer.

mr.broderick

pickles110564 wrote: »

I Dont think so.
What I would do is get someone you know to put in an offer £10k less than you then wait a couple of days before you go in with your offer.
They might just bite your hand off

good luck

Yes the old shill bidding trick, sortofok would be proud of you sir..:rotfl:

mr.broderick

dopester wrote: »

Come the next 6 to 24 months, I'm expecting to be able to cash-buy nice 4 bedroom detached houses in nice areas in my county for £40K.

Due to my wolf heart I'm going to feed so hard on the debt ridden uneducated sheeple who believed Kirstie and all the house shows and bought in to the lie of forever rising property prices. Overvalued mania.

As for your question, why worry... they can only refuse your offer.

roflmao....dopester let me know when these come up i'll have 2...:p

dexters_mum_2

I bought my house as a repo 3 years ago, was on the market for £110k and offered £80k initially, due to the condition, eventually bought it for £82k, so you can only try and they can only say no.

Just a little bit of my experience though....having bought a repo, we were harrassed for a about a year with doorstep debt collectors, so we kept proof of us buying the house, near the door to show them, also had problems getting gas and electricity off token metres and on to normal metres, but this might not be an issue for you.

DM x

mr.broderick

dexters_mum wrote: »

I bought my house as a repo 3 years ago, was on the market for £110k and offered £80k initially, due to the condition, eventually bought it for £82k, so you can only try and they can only say no.

Just a little bit of my experience though....having bought a repo, we were harrassed for a about a year with doorstep debt collectors, so we kept proof of us buying the house, near the door to show them, also had problems getting gas and electricity off token metres and on to normal metres, but this might not be an issue for you.

DM x

Shhh let them learn themselves, i'd never buy a repo. Maybe just too soft inside, have visions of little children being made homeless, im a big softie inside.

dexters_mum_2

LoL Mr Broderick.

I do agree with you though, from experience, I wouldn't buy a repo again, children were, I am lead to believe, living in the house before, have moral guilt nightmares sometimes.

However, console myself with the fact the house was on the market for over a year before I bought it and that the parents had left a lovely mess in the house, some of their 'messes' were apparently public health dangers, if you know what I mean.

Luckily had all been seen to before we viewed.