Michelle

Hi Just to end this topic... to those who who thought I was being just greedy wanting as much as I could raise for the property well - yes - isn't that why most of you are all on this site to see and speculate on the market and get as much money as you can, even from other people's downfalls. To those who sent their condolences for my loss - thank you sincerely. I am deep down still devastated that I lost both my parents and I miss them dearly and no amount of money for any property sale makes up that, but (again to those who thought I was being greedy) it means I can live debt free, which is one less heartache, and a bonus especially as the economy has worsened. I spent a lot of time putting together info (which is I am sure why I thought I was employing a solicitor & estate agent - but hey that's experience! ) on companies who would mortgage on non standard construction. The technicalities of the construction from 'The concrete society', information from the local authority, who had 'relinquished' their responsibility, even though it had been 'good' enough for them to sell initially! I researched companies who would give the property the required certificates to make it viable for mortgage companies and the cost involved, and I consulted colleagues on the structural rigidity and probability of defects in the construction. I felt armed to make my case on why it was a salable property. And the final outcome is that I sold the property last August (08) overall it did take 15 months to sell which felt like an eternity while you are still so racked with emotions and loss. I had several previous 'sales' fall through, but there continued to be interest in the property throughout, [which I see as meaning everyone thought they could get a bargain!] and on balance I was pleased and relieved with the outcome. Having kept a eye on property sales and auctions I think I would have made less money if I gone down that route. Thanks to those who offered their constructive comments. No pun intended! Michelle )

I would love to just sell the land!! It's a huge plot approx 140ft by 25ft (By standards in Brighton where I live anyway!) the downside is it's a semi! I had knee jerk reaction the other week when my last buyer pulled out and contacted 6 mobile phone mast companies to see if they were interested in the land!! shockingly one of them is, but just in a small part of the garden. Thanks Michelle

Firstly thanks to you all for your comments. I think I may have badly phrased my comments about the auctions I have seen. The properties in the same road, were entered into the auction with guide prices of about £60K, however they sold less than this (at the £50K mark.) Then a couple of months down the line, having seen the properties on 'our property site' (I think that's what it's called!) where you can see what properties have sold in what post codes and at what prices. The same properties have then been resold for between £70 and £75K. If i had seen the houses entered for auction at £50K or even £60K and actually sell at the £70K mark ...I would be doing the same !!! I guess I need to get over this obstacle and mental block. It's the damn emotional attachment that is not helping!

Hi Firstly forgive me for joining your forum if this it totally the wrong place to post. The situation is I have an inherited property in Wolverhampton that is a "Smith" House or a "Smith System build". Basically it's post war, ex -LA house purchased under the Right to Buy in 1989. It is concrete built, with a brick-tile outer skin. (So it looks like a brick built house). I have had it on the market since March 2007, starting at a price of £99,950 and currently with a new estate agent and also advertsing on HouseLadder current asking price is £75K. (or offers in region of) And now wanting a cash sale. I have spent the last yr looking at issues relating to non-standard construction. The significance of this is that it is not mortgage-able with all lenders, particularly High Street Lenders! Companies that apparently DEFINITELY WILL includes for example The Abbey, London and Scottish, Alliance & Leicester, Cheltenham and Gloucester, HSBC (I believe) and a host of smaller independent companies. The 'catch' (because there seems to be always a catch!) is that the majority of these companies will charge a higher interest rate. Incidentally I do not have a PRC certificate for the house and have looked into whether or not I need it. I have dismissed so far putting the house up for auction, because I have looked at prices and tracked similar ones in the road/ area and they have gone for auction around mid £50K and resold about £70 -£75K + a few months later. I have had over the last year over a 1000 web viewings on houseladder site!!, leading to 30 leads! and with the estate agents several leads and the house gets viewed regularly - the feedback is okay - the downside is the mortgage position. I have been down the road of having 4 confirmed buyers over the last year, all of which end up pulling out between weeks 9 -12 ! various reason - mainly finance related. It is hard going and disheartening as i just want to stop grieving and move on and literally close the door. So in your expert opinions, do you think I am asking too much still, do you think there is a plan B I should be trying. Admittedly my bottom line of the amount of money I want (There are expenses to be paid off) would be close to £70K. My most common 'offer' as a cash sale is £60K which I am forever rejecting. If you wish me to post a link to the actual advert or estate agent I can do that. Many thanks Michelle

Hi Firstly forgive me for joining your forum if this it totally the wrong place to post. The situation is I have an inherited property in Wolverhampton that is a "Smith" House or a "Smith System build". Basically it's post war, ex -LA house purchased under the Right to Buy in 1989. It is concrete built, with a brick-tile outer skin. (So it looks like a brick built house). I have had it on the market since March 2007, starting at a price of £99,950 and currently with a new estate agent and also advertsing on HouseLadder current asking price is £75K. (or offers in region of) And now wanting a cash sale. I have spent the last yr looking at issues relating to non-standard construction. The significance of this is that it is not mortgage-able with all lenders, particularly High Street Lenders! Companies that apparently DEFINITELY WILL includes for example The Abbey, London and Scottish, Alliance & Leicester, Cheltenham and Gloucester, HSBC (I believe) and a host of smaller independent companies. The 'catch' (because there seems to be always a catch!) is that the majority of these companies will charge a higher interest rate. Incidentally I do not have a PRC certificate for the house and have looked into whether or not I need it. I have dismissed so far putting the house up for auction, because I have looked at prices and tracked similar ones in the road/ area and they have gone for auction around mid £50K and resold about £70 -£75K + a few months later. I have had over the last year over a 1000 web viewings on houseladder site!!, leading to 30 leads! and with the estate agents several leads and the house gets viewed regularly - the feedback is okay - the downside is the mortgage position. I have been down the road of having 4 confirmed buyers over the last year, all of which end up pulling out between weeks 9 -12 ! various reason - mainly finance related. It is hard going and disheartening as i just want to stop grieving and move on and literally close the door. So in your expert opinions, do you think I am asking too much still, do you think there is a plan B I should be trying. Admittedly my bottom line of the amount of money I want (There are expenses to be paid off) would be close to £70K. My most common 'offer' as a cash sale is £60K which I am forever rejecting. If you wish me to post a link to the actual advert or estate agent I can do that. Many thanks Michelle