The Masked Tulip Posted August 16, 2012 Posted August 16, 2012 Personally, I am shocked that they allow that word on Mumsnet http://www.mumsnet.com/Talk/property/1541546-******-and-******-been-gazundered need some advice please, been gazundered two days before exchange by ftbuyers. They dropped their offer by 17k this morning stating the reason that it's going to cost them more than they thought to convert the office, outhouse and to do some remedial work like damp course, electrics and repointing.The house is an absolute bargain already as we dropped the price by 40k to get a quick sale Quote
Nuggets Mahoney Posted August 16, 2012 Posted August 16, 2012 Today's free investment tip... gazundered.com / .net / .co.uk All appear to be available for registration as domain names They could get popular Quote
manchester50 Posted August 16, 2012 Posted August 16, 2012 Personally, I am shocked that they allow that word on Mumsnet Are you joking? Mumsnet is one of the few forums I know of with no rules on language. People talking ******ing ******** as muchs as they want. Quote
bmf Posted August 16, 2012 Posted August 16, 2012 Are you joking? Mumsnet is one of the few forums I know of with no rules on language. People talking ******ing ******** as muchs as they want. Never seen mumsnet before. From that page it looks very tedious. And that's after reading today's HPC topics! Quote
geezer466 Posted August 16, 2012 Posted August 16, 2012 will do. hope she has a really big fat 11lber baby with a massive man head! Not the sharpest chisel in the rack is she? Some people really shouldn't be allowed to buy and sell. Fingers crossed the FTB sticks their ground and walks away if she won't negotiate.. Then the next one offers £25k under that. Quote
SpewLabour Posted August 16, 2012 Posted August 16, 2012 I feel a concerto on the world's smallest violin coming on. I wonder how many of those self-righteous idiots have been happy to gazump someone while selling their house? Quote
zugzwang Posted August 16, 2012 Posted August 16, 2012 F*** and B*ll*x, are they her two kiddies? Quote
kittingerjump Posted August 16, 2012 Posted August 16, 2012 It's gonna start getting dirty...when a generation of priced out ftb's start getting their act together. Quote
jammo Posted August 16, 2012 Posted August 16, 2012 Today's free investment tip... gazundered.com / .net / .co.uk All appear to be available for registration as domain names They could get popular Hey this is the housing crash, not the dot com boom. Quote
geezer466 Posted August 16, 2012 Posted August 16, 2012 Hey this is the housing crash, not the dot com boom. If the practice takes off it could become a whole new marketing venture just like HPC..... The keyword by the looks of it has low competition. This thread is showing at position 12 for the term... Gazundered. I am sure there are some here could make a few £££ out of this. I might have considered it but I don't have the time. http://www.google.co.uk/#q=gazundered&hl=en&prmd=imvns&ei=xGktUJGjCMuS0QWKjIDIDA&sqi=2&start=10&sa=N&bav=on.2,or.r_gc.r_pw.r_qf.&fp=4f80e806f8657ec4&biw=1920&bih=955 Quote
Diver Dan Posted August 16, 2012 Posted August 16, 2012 need some advice please, been gazundered two days before exchange by ftbuyers. They dropped their offer by 17k this morning stating the reason that it's going to cost them more than they thought to convert the office, outhouse and to do some remedial work like damp course, electrics and repointing.The house is an absolute bargain already as we dropped the price by 40k to get a quick sale YABU Never seen mumsnet before. From that page it looks very tedious. And that's after reading today's HPC topics! YANBU Quote
“Nasty Piece of work” Posted August 16, 2012 Posted August 16, 2012 I can sleep soundly knowing that leather skinned lizard is so bitter and twisted. I would hate to be her husband. Quote
Giordano Bruno Posted August 16, 2012 Posted August 16, 2012 Hey this is the housing crash, not the dot com boom. I was a regular visiter to f*ckedcompany.com which specialized in news about dot.com companies and their silliness in throwing money all over the place and then ending up bankrupt. It might not sound it the way I've described it but it was good fun. Quote
The Masked Tulip Posted August 16, 2012 Author Posted August 16, 2012 I was a regular visiter to f*ckedcompany.com which specialized in news about dot.com companies and their silliness in throwing money all over the place and then ending up bankrupt. It might not sound it the way I've described it but it was good fun. I used to enjoy the spoof Cisco - Crisco - posters on that site. I wish I had saved them to HD. Quote
thecrashingisles Posted August 16, 2012 Posted August 16, 2012 If the practice takes off it could become a whole new marketing venture just like HPC..... The keyword by the looks of it has low competition. This thread is showing at position 12 for the term... Gazundered. I am sure there are some here could make a few £££ out of this. I might have considered it but I don't have the time. First in the queue will probably be Kirstie with a new show "Gazunder Gazunder Gazunder" Quote
thecrashingisles Posted August 16, 2012 Posted August 16, 2012 I like this comment: Acctually I would just go back and say you can't take a £17k drop because you are mortgaged to your max... Because they'll have to pay off your mortgage for you... Quote
Self Employed Youth Posted August 16, 2012 Posted August 16, 2012 It's gonna start getting dirty...when a generation of priced out ftb's start getting their act together. I ended up going into an HPC rant when helping my grandparents the other day. I do a lot of jobs round the house for them. My nan has taken to clearing away the kitchen sideboard on the off chance there could be a viewing (they want to downsize and have a few months in some adapted property/old people scheme before the inevitable). This is causing her no end of problems! (She might not sell and realise a more comfortable life in an adapted property) She shouldn't be putting the tea jar in the cupboard! The kitchen looks like a show house and is completely nonfunctional. I commented that her packing away the kitchen was not good for her. She commented that it would improve the chance of it selling. I couldn't help point out that it made no difference. It made no difference whatsoever, and that it would make more sense to reduce the price. Even if she sold it for £1 she could still realise a better standard of living. The state would pick up the pieces. The kitchen should be laid out in the most functional way possible. Houses may fall in value, but first and foremost they should be lived in! Suppose what we need to be doing is building homes for the elderly, care facilities. To free up family housing. Perhaps build more family housing and demolish flats once we have an oversupply of housing. Quote
jammo Posted August 16, 2012 Posted August 16, 2012 I ended up going into an HPC rant when helping my grandparents the other day. I do a lot of jobs round the house for them. My nan has taken to clearing away the kitchen sideboard on the off chance there could be a viewing (they want to downsize and have a few months in some adapted property/old people scheme before the inevitable). This is causing her no end of problems! (She might not sell and realise a more comfortable life in an adapted property) She shouldn't be putting the tea jar in the cupboard! The kitchen looks like a show house and is completely nonfunctional. I commented that her packing away the kitchen was not good for her. She commented that it would improve the chance of it selling. I couldn't help point out that it made no difference. It made no difference whatsoever, and that it would make more sense to reduce the price. Even if she sold it for £1 she could still realise a better standard of living. The state would pick up the pieces. The kitchen should be laid out in the most functional way possible. Houses may fall in value, but first and foremost they should be lived in! Suppose what we need to be doing is building homes for the elderly, care facilities. To free up family housing. Perhaps build more family housing and demolish flats once we have an oversupply of housing. It is the old mind which seems to be stuck when it comes to house prices. They all fully well know what they are doing as well, they'll remember when beer cost 1p per pint and crap like that, but refuse to reduce their asking prices of £1million for a place they paid £100 for. Maybe, just maybe if the Express went out of print we would stand some hope of breaking through. Quote
Executive Sadman Posted August 16, 2012 Posted August 16, 2012 HA! and folk call us on HPC bitter and twisted! Quote
peter_2008 Posted August 17, 2012 Posted August 17, 2012 Personally, I am shocked that they allow that word on Mumsnet http://www.mumsnet.com/Talk/property/1541546-******-and-******-been-gazundered I always found it laughable that how naive these amature "investors" are. It seems their tiny brains just can't comprehend the fact that property investment is a ruthless world, which they helped to create. Now they fear and scream "Oh no, it's a house, not investment. Please show some mercy!", all the while would not accept anything less than a 20% net profit. Ha! Quote
Sir Harold m Posted August 17, 2012 Posted August 17, 2012 I always found it laughable that how naive these amature "investors" are. It seems their tiny brains just can't comprehend the fact that property investment is a ruthless world, which they helped to create. Now they fear and scream "Oh no, it's a house, not investment. Please show some mercy!", all the while would not accept anything less than a 20% net profit. Ha! Property contracts in England are settled by deed. Until you get to that stage you have no deal, surely this bunt knows that. I understand she's annoyed but failing to plan for this potential is lunacy, especially when your kids schooling is central . I wonder if the day before exchange she found out that there was an oil well under her garden whether she'd just say " oh bugger, a deals a deal" and go ahead and sell at the negotiated price. I think her and DH would tell the 8 month pregnant lady to go swivel. Whilst I understand her frustration what worries me is the one eyed zealous homeownerist nature of the other Doris's . How can a group of people whose main aim in life seems to be to fund a lifestyle based on a chance ( and presumably leveraged) purchase of a non productive asset take the fluckin moral high ground ? Quote
JustYield Posted August 17, 2012 Posted August 17, 2012 It's just supply and demand in action, innit? 2 or more buyers interested in 1 house => gazumping risk 1 buyer with 2 or more houses to choose from => gazundering risk. Quote
winkie Posted August 17, 2012 Posted August 17, 2012 Sign of a rising market....gazumped. Sign of a falling market...gazundered. Quote
AvoidDebt Posted August 17, 2012 Posted August 17, 2012 Never bought a house so excuse my ignorance but has it cost the potential buyer any money to get this far? If not, then a devious plan emerges from my head. We hate debt. We hate HPI. We hate gazumping. We have been telling people for over a decade that debt based capitalism is evil. We have been warning people that high cost of housing makes this country less productive. We have fought greed head-on and tried to make sensible offers on properties in order to change perception and shift prices downwards. Could a new strategy be make offers, get them accepted and then gazunder the hell out of the vendor a couple of days before exchange, collapsing an entire chain in the process? (Personally I couldn't bring myself to inflict pain even on greedy debtors as they'll surely come to their natural end but if anyone else wants to speed up the process, make your move). Quote
winkie Posted August 17, 2012 Posted August 17, 2012 Never bought a house so excuse my ignorance but has it cost the potential buyer any money to get this far? If not, then a devious plan emerges from my head. We hate debt. We hate HPI. We hate gazumping. We have been telling people for over a decade that debt based capitalism is evil. We have been warning people that high cost of housing makes this country less productive. We have fought greed head-on and tried to make sensible offers on properties in order to change perception and shift prices downwards. Could a new strategy be make offers, get them accepted and then gazunder the hell out of the vendor a couple of days before exchange, collapsing an entire chain in the process? (Personally I couldn't bring myself to inflict pain even on greedy debtors as they'll surely come to their natural end but if anyone else wants to speed up the process, make your move). The moral of the story, you make your bed you lie in it. Quote
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