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House Price Crash Forum

ianbeale

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Everything posted by ianbeale

  1. You're right It has been a fantastic week and now these extra 200000 cheap homes will pull any prospective ftbs out of the bottom of the marketand the rest will just collapse on top. I reckon HPC will be here within 3 months.... This is better than sex!!!
  2. This scheme is just a con. They are trying to get you to fund the building of council houses marketed as new builds. It will be like renting without the option of being able to walk away. These houses will look nice when they are first built but stick a satellite dish on the wall and a nova on the drive and hey prseto ... a right chav shlthole. Correct me if I am wrong but this deal is only available to newbuilds. If any thing this will enhance HPC as FTBs will wait for the newbuilds and not buy any existing stock hence even less FTBs in the main market. HPC Bring it on Just cxchanged on my gaff and sitting on my bag of cash for 2 years in spain.. see you all in repoland. Ian
  3. This scheme is just a con. They are trying to get you to fund the building of council houses marketed as new builds. It will be like renting without the option of being able to walk away. These houses will look nice when they are first built but stick a satellite dish on the wall and a nova on the drive and hey prseto ... a right chav shlthole. Correct me if I am wrong but this deal is only available to newbuilds. If any thing this will enhance HPC as FTBs will wait for the newbuilds and not buy any existing stock hence even less FTBs in the main market. HPC Bring it on Just cxchanged on my gaff and sitting on my bag of cash for 2 years in spain.. see you all in repoland. Ian
  4. This just shows how TB and GB are shltting themselves that the bubble is about to burst. In reality it will be like renting a without being able to walk away. It will be a new build on some chav estate which all look very nice when they are first built. But bang a satellite dish on the outside and a nova on the kerb.... you can imagine. Its a shlt deal, leave well alone, just let nature take its course HPC will look after the rest!!!
  5. oh sh1t i better phone him now, better still buy it myself!!!
  6. My mate was looking at buying from a new development back in January, they were asking 250 for a 4 bed, he wanted 10k in incentives but they would only give 5. Just went back to the same place and they are now offering 15k, he was tempted but walked away... laughing.
  7. Absolute tosh, mini-boomerang more like. I will have my HPC, I will not be denied.
  8. My perception using the homeseeker thursday scan method is that prices have not really fallen since last summer - maybe 2% - but nothing is moving. I believe it will not be long untill people have to start being reallistic with thier asking prices, espescially because of the poor wages in the area (84% of national average, 3 bed detached estate house with garrage is currently about 210K). Any others care to comment.
  9. You have done the right thing, and good luck. Just done the same, cut my price so low that it hurt (280k), looking at all the others on the market at the time for about 30k more. Since price agreed all the others have strated to chop thier asking prices, and none are selling and I am feeling pretty smug at the momment - due to exchange next week - fingers crossed - going to live abroad for a cuple of years then come back to REPOLAND.
  10. if you want a good indicator as to what people really think (put your money ehwere your mouth is) will happen with interest rates then look at http://www.betfair.com in the financial bets section currently 20/1 on for no change. fancy a bet???
  11. Have you considered premium bonds, they are tax free and you can put in upto 30k each. Just wait for the envelopes to come each month... Great fun!
  12. my advice - bang it in at 249950 and dont take any offers. The result is the same (price achieved) and it has just worked for me.
  13. a sharp fall over 3 years if that makes any sense. welcolm to repo land
  14. This is my tale of selling my house in real time, will update when i can be bothered. My Motive for selling ... money I am moving into rented accom and comming back in 3 years in repo season 14/5/05 After 8 months on the market I have just finally got buyer. I took an offer of 295K only 10k under my asking price after, having cut the price (1 month ago) so that it was about 10k cheaper than anything else in the area of a similar type. I looked at what a house identical to mine went for last summer and I have achieved a price of 25k less, a fall of 8% so far. So it can be done, just be realistic. Think what your house is worth relative to those around you, price it about 3% under that to get people through the door, then dont give too much away when an offer comes in. I just hope I get it sold before the real collapse comes this winter ... watch this space. I feel really pleased at the momment...................but dont ask me in 6 weeks when the sale falls through !!!!!!!!!!!!
  15. House prices are going to collapse by at least 20% over the next year with the biggest falls this winter. Higher oil demand will push up oil prices, this will push up consummer prices. this will push up inflation ,this will push up interest rates past 6% which will cause panic.... and you know the rest....... Sell now!!! cash is king, come back in 3 years and get yourself a nice little repo!!!!!
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