When being a cash buyer isn't all it's cracked up to be....

MrDT

pickles110564 wrote: »

Why would anyone buy a house that they dont want? That would be a pointless expensive excercise.

outgrown it? ready to trade down? relocating?

pickles110564 wrote: »

The way you have written the post, it is like you are trying to convince sellers that they should accept stupid offers

realistic sellers are the ones that will be hit the least when prices really tank. good luck davesnave

MarkyMarkD

I am possible about to want to sell my house and move areas (for work reasons, not just for the sake of it).

I am quite prepared to be realistic on the selling price - I don't care, in fact, what I get for my property - as long as the person I'm buying from is similarly realistic.

All that really matters is the "price to change" rather like buying a new car where the price after the PX is all that really matters. In fact, because of stamp duty, the lower both prices are the better for all parties concerned.

But if someone offers me an amount I consider stupid, I'm not going to go grovelling to them with multiple compromise prices lower than the amount I set the price at. Maybe I'm wrong to take that attitude, but I'm happy waiting for them to come up with a price I consider acceptable.

Zammo

pickles110564 wrote: »

You really must start realising that the seller still has the final say on the price.
If they dont want to budge on the price then you wont get to buy.
So you lot could end up renting still for years to come.

Yes, it would be awful wouldn't, watching prices fall month after month after month whilst being stuck in rented accommodation.

Davesnave

pickles110564 wrote: »

The way you have written the post, it is like you are trying to convince sellers that they should accept stupid offers

I didn't use the word 'stupid;' I used the word 'disappointing' and I was referring to my own situation and the reasoning I applied in coming to a decision. Though the offer is disappointing, it may be realistic, especially in view of the fact that the buyer can't complete till August. By then, its status may have moved to 'OK' (or even 'relatively good.')

This thread is about negotiation and I was explaining why I'm more inclined to be flexible in negotiations now than I was three months ago. I'm not trying to 'convince sellers to accept stupid offers,' nor am I going to patronise people reading this board by assuming they can't view their own situation objectively, or see my post in the light of their own experience.

Finally, I'm not going to smugly accuse another poster of lying, which is what you did, without a shred of evidence. I notice that others often give you a verbal hard time on this board and I'm beginning to understand why. You may not like others' opinions or conclusions, but have the decency to allow them free speech without questioning their integrity.

MiserlyMartin

Davesnave wrote: »

As a seller, I'm looking to negotiate now. My reasoning goes something like this:
Nationwide figures for May were !!!!, denting confidence
Consumer confidence already at record low
Fuel price hikes are impending
Inflation is up
Repossessions are climbing
The summer hols are looming - dead season for sellers
Recent drops are more pronounced than in the early 90s and accelerating
The government looks wobbly, especially Crash Gordon
Even the Council of Mortgage Lenders expects no real improvement in available loan money until Christmas
There is the chance of an 'unknown,' like Northern Wreck

Very good. You might also want to add that people now can't afford to go on holiday abroad because of fuel price hikes on air tickets (surcharges) and that also means they can't afford to go on hol in the UK because it costs about 6 months VED (£70) to fill the car up!

poppysarah

MiserlyMartin wrote: »

Very good. You might also want to add that people now can't afford to go on holiday abroad because of fuel price hikes on air tickets (surcharges) and that also means they can't afford to go on hol in the UK because it costs about 6 months VED (£70) to fill the car up!

It's a good job that nolabour have invested heavily in public transport infrastructure and cheap transport system for the masses to keep the country moving in times of crisis then.
And the abundance of local allotments will keep us from starving too. And what a good job we're reliant on renewable energy systems for the vast majority of our fuel.

MiserlyMartin

Is that the same public transport system that costs me even more to use than my car then? :rotfl:

m00m00

you missed the large dollop of sarcasm in poppysarah's post

all of the above though, were damaged much more by thatcherism

MiserlyMartin

I don't know maybe your interpretation of her post was wrong? I wasn't going to talk politics but as you raised the point... If this damage was done by 'Thatcherism' then why have Labour not sought to put this damage right? They have had 11 years to sort this country out. Instead they have continued to privatise, destroy british industry or fail to save what we had left. Their taxation policies have sought to penalise small businesses. Things certainly have not got better. We could had had a cheap reliable public transport put in place over the last 11 years of this goverment. Instead !!!!!! all has happened apart from way above inflation fare rises. Oh, and Blairs surrender of the EU rebate that Thatcher won for us many years ago. All for nothing. And wheres the referendum on the EU constitution which they promised us?

The Tories are and were capable of getting the economy back on track after slowdown and the ERM disaster and left the Labour party with a good economy, low interest rates, inflation.

Labour have borrowed and spent their way through the good times with no improvement in public services to show for it, failed to prepare for any bad times and will end up leaving office with the country in a terrible state as they always have in the past - with the Tories left to pick up the pieces.

m00m00

labour failing to improve things is not as bad as virtually destroying them in the first place. (rail privatisation which made no economic sense, bus deregulation which profited everyone bar the passengers, and selling off large chunks of local authority owned land for out of town shopping centres). The thatcherite tories had an ideological dislike of public transport (as evidenced by thatchers quote about a man on a bus after a certain age having failed in life)

I'm far from a fan of the blairite new labour party, and the fact that they have done so little to change things is a massive black mark on them.

instead of turning this into a political dogmatic point, it's best to just leave it.