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Nomoreheroes
The Moral Majority

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« Reply #15 on: Friday, June 13, 2008, 05:22:24 »

Quote from: "arriba"
anyone buying or seling now is insane imo


True, except for those people:
- Who have to move due to work
- Have to move due to not being able to pay the mortgage
- Who are selling high and buying low
- Who are buying repossessions at a knock down price
- Who are freeing up capital by downsizing at a good price
- Who are selling at a high price in order to invest some capital, rent and hope to buy later once the market dips to its lowest point
- Who will be saving money by moving
- Who will have a better quality of life after the move
- Who are not affected by the media induced housing market crisis

NMH
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« Reply #16 on: Friday, June 13, 2008, 06:29:51 »

Quote from: "arriba"
anyone buying or seling now is insane imo


 Crying
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suttonred

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« Reply #17 on: Friday, June 13, 2008, 06:55:00 »

Quote from: "Nomoreheroes"
Quote from: "arriba"
anyone buying or seling now is insane imo


True, except for those people:
- Who have to move due to work
- Have to move due to not being able to pay the mortgage
- Who are selling high and buying low
- Who are buying repossessions at a knock down price
- Who are freeing up capital by downsizing at a good price
- Who are selling at a high price in order to invest some capital, rent and hope to buy later once the market dips to its lowest point
- Who will be saving money by moving
- Who will have a better quality of life after the move
- Who are not affected by the media induced housing market crisis

NMH
Or emigrating.
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Sippo
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« Reply #18 on: Friday, June 13, 2008, 07:17:07 »

Don't start me off on housing!

I even jinxed fred's move  
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
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« Reply #19 on: Friday, June 13, 2008, 07:22:59 »

Quote from: "Nomoreheroes"
Could be worse - Your buyer's surveyer could have valued your house 60k less than the agreed price like mine did !  :shock:

Ref gazundering. Just go back with two words - F#ck off ! No negotiation, no nothing. Don't deal with w@nkers like that. Tell your estate agent to put the house back on the market and then wait for them to panic and come back at the existing price. Take control of the situation = Dont be a victim.

NMH


Wel said that man. To be honest I wouldn't care what climate we were in I'd tell them to FRO and refuse to sell the house to them.
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SwindonTartanArmy
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« Reply #20 on: Friday, June 13, 2008, 07:47:23 »

If they agreed to your earlier price, is that not a verbal contract?
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Bushey Boy

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« Reply #21 on: Friday, June 13, 2008, 07:48:23 »

Its nasty but am not surprised.  Lok into finnacing both and renting your old one in the meantime (if you can) Its hard but how much do you wnat your dream home, 5% is a lot but worth it some times.

Good luck fella
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Fred Elliot
I REST MY FUCKING CASE

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« Reply #22 on: Friday, June 13, 2008, 07:53:06 »

best time to buy is now surely arriba ?
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Bushey Boy

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« Reply #23 on: Friday, June 13, 2008, 07:59:22 »

Id agree, I bought two properties this week for clienst, a two bed worth 135 at 117 and a 3 bed worth 160 down at 142500, crazy deals!
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Sippo
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« Reply #24 on: Friday, June 13, 2008, 08:01:06 »

Ideal for cash/first time buyers at the mo
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
Don Rogers Shop

« Reply #25 on: Friday, June 13, 2008, 08:02:44 »

Far from ideal for first time buyers sippo.
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Sippo
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« Reply #26 on: Friday, June 13, 2008, 08:04:31 »

Well if they have a mortgage in promise then they can haggle on price.

Think about it.
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
Don Rogers Shop

« Reply #27 on: Friday, June 13, 2008, 08:17:20 »

Quote from: "Sippo"
Well if they have a mortgage in promise then they can haggle on price.

Think about it.
The mortgage being the problem though.Typically you need 10-15% deposit at the moment and apart from on shared ownership you will not get 100% anywhere.If i was buying it would be shared ownership without a shadow of doubt at the moment.
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Samdy Gray
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« Reply #28 on: Friday, June 13, 2008, 08:46:16 »

Thinks better pick up soon-ish or next March when my fixed rate runs out, not only will my mortgage payments be going up by about £100 but I'd be lucky to get a deal anywhere because I'll more than likely be in negative equity  :|
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janaage
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« Reply #29 on: Friday, June 13, 2008, 08:56:15 »

Bank of Ireland have opened up their 100% mortgage again haven't they?  Not ideal for 1st time buyers because prices are still pretty high to get on the ladder.

Dreadful time to sell, as we're trying to do, but hoping that it'll start to stabilise a bit more now.
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