The Masked Tulip Posted February 24, 2011 Share Posted February 24, 2011 http://www.rightmove.co.uk/property-for-sale/property-32840897.html *** 11% Discount (£30,000) *** against a Royal Institute of Chartered Surveyors Valuation of £280,000 carried out in Feb 2011 to confirm that this is a Genuine Discounted Property in Today's MarketThe Owners of this property NEED A QUICK SALE and are willing to accept offers from SERIOUS BUYERS that are in a position to move immediately. Priced to Sell Fast Ideal Family Home The Property comprises of Lounge Dining Room Kitchen 3 Bedrooms Gas Central Heating SOLD WITH NO ONWARD CHAIN Call us Now on 0808 188 1181 Quote Link to comment Share on other sites More sharing options...
Pent Up Posted February 24, 2011 Share Posted February 24, 2011 Can't be arsed to click the link but is this agency express? I've seen a few of these in Essex. Normally more like 15% -20% discounts. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted February 24, 2011 Share Posted February 24, 2011 Can't be arsed to click the link but is this agency express? I've seen a few of these in Essex. Normally more like 15% -20% discounts. They are the last stop before reposessions aren't they? The experience of viewing one "keen to sell" was repo'd a week or three later. Quote Link to comment Share on other sites More sharing options...
Patfig Posted February 24, 2011 Share Posted February 24, 2011 http://www.rightmove.co.uk/property-for-sale/property-32840897.html Is this the agency your new love works for? Quote Link to comment Share on other sites More sharing options...
jonb Posted February 24, 2011 Share Posted February 24, 2011 Can't be arsed to click the link but is this agency express? I've seen a few of these in Essex. Normally more like 15% -20% discounts. wesellhouses.co.uk Looks like a similar outfit Quote Link to comment Share on other sites More sharing options...
Pent Up Posted February 24, 2011 Share Posted February 24, 2011 wesellhouses.co.uk Looks like a similar outfit Yeah quick sale company. Offer £125k. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted February 24, 2011 Author Share Posted February 24, 2011 FWIW, whilst I don't know the details of this particular bungalow, I was talking to a local EA about a couple of other bungalows in the area only about 3 weeks back. He told me that he had recently managed to sell one for 170K, or 180K, IIRC but that was after it being on the market for over a year at about 210K. He told me he was trying to sell another at the moment for 230K because the lady who had owned it had passed on and her son and daughter were adamant that it would go for 230K. He tried to get them to put it at 200K telling them they would be lucky to get 190K but they weren't having it. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 24, 2011 Share Posted February 24, 2011 Seems a lot of money for a small house in the middle of nowhere miles from civilisation Quote Link to comment Share on other sites More sharing options...
Bob Loblaw Posted February 24, 2011 Share Posted February 24, 2011 Viewed a house yesterday. After saying 'hello' the next thing the seller said was 'It's priced to sell you know" which I took to mean 'Don't even think about offering less than the asking price". Quote Link to comment Share on other sites More sharing options...
Pent Up Posted February 24, 2011 Share Posted February 24, 2011 Viewed a house yesterday. After saying 'hello' the next thing the seller said was 'It's priced to sell you know" which I took to mean 'Don't even think about offering less than the asking price". I would have walked out there and then. Not even saying bye. Quote Link to comment Share on other sites More sharing options...
Nationalist Posted February 24, 2011 Share Posted February 24, 2011 Viewed a house yesterday. After saying 'hello' the next thing the seller said was 'It's priced to sell you know" which I took to mean 'Don't even think about offering less than the asking price". "Really? How many offers have you had?" Quote Link to comment Share on other sites More sharing options...
Pent Up Posted February 24, 2011 Share Posted February 24, 2011 "Really? How many offers have you had?" +1 Good reply Quote Link to comment Share on other sites More sharing options...
Swansea Estate Agent Posted February 24, 2011 Share Posted February 24, 2011 http://www.rightmove.co.uk/property-for-sale/property-32840897.html There are a couple of these companies based in Swansea that sell nationwide although they prefer to stay local. Most of the time they have to advertise it on Rightmove to get it past certain loop holes and be able to sell it to an investor already lined up. The investor usually needs to put about £3 - 5k down as the rest of the deposit can be used from a bridging loan taken out using the apparent equity in the property due to it being around 20% BMV. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted February 24, 2011 Author Share Posted February 24, 2011 There are a couple of these companies based in Swansea that sell nationwide although they prefer to stay local. Most of the time they have to advertise it on Rightmove to get it past certain loop holes and be able to sell it to an investor already lined up. The investor usually needs to put about £3 - 5k down as the rest of the deposit can be used from a bridging loan taken out using the apparent equity in the property due to it being around 20% BMV. That is really interesting to know. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted February 24, 2011 Share Posted February 24, 2011 Viewed a house yesterday. After saying 'hello' the next thing the seller said was 'It's priced to sell you know" which I took to mean 'Don't even think about offering less than the asking price". You look behind you and ask the seller "Where's the queue?" Quote Link to comment Share on other sites More sharing options...
Byron Posted February 24, 2011 Share Posted February 24, 2011 The agents appear to be 'We sell houses', Boreham Wood Hertfordshire Must be a repo. Depends where it is in Killay, but still overvalued Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted February 24, 2011 Author Share Posted February 24, 2011 The agents appear to be 'We sell houses', Boreham Wood Hertfordshire Must be a repo. Depends where it is in Killay, but still overvalued It is a few hundred yards from those houses that are on the market for 600K or is it 700K? I don't think anyone has lived in them have they? Quote Link to comment Share on other sites More sharing options...
Byron Posted February 24, 2011 Share Posted February 24, 2011 It is a few hundred yards from those houses that are on the market for 600K or is it 700K? I don't think anyone has lived in them have they? I hear that at least one person bought one and was mightily p........d off one week later when the sellers went bankrupt. The others look empty. The bungalow is 667a Gower Road. It is an infill behind Mike Davies leisure. So access is through a semi industrial land with rusting containers etc. The bungalow does not join to the road, so presumably future access problems could occur. £250k? Quote Link to comment Share on other sites More sharing options...
faloos Posted February 24, 2011 Share Posted February 24, 2011 Can't be arsed to click the link but is this agency express? I've seen a few of these in Essex. Normally more like 15% -20% discounts. "Arsed" Are you English ? why do you have to use such an expression ? This site is always going on about chavish Britain, are you one of them ? Quote Link to comment Share on other sites More sharing options...
Redcellar Posted February 24, 2011 Share Posted February 24, 2011 "Arsed" Are you English ? why do you have to use such an expression ? This site is always going on about chavish Britain, are you one of them ? Yes. Everyone knows its ass. As in 'I can't be assed' .... and 'that person who called me chavish is an asshole' Quote Link to comment Share on other sites More sharing options...
gus Posted February 25, 2011 Share Posted February 25, 2011 The agents appear to be 'We sell houses', Boreham Wood Hertfordshire Must be a repo. Depends where it is in Killay, but still overvalued I've seen a couple on in Swansea with "Express" and they did come in on properties that had been on for yonks and slash the previous prices. Not so in this case or with this agent by the look of things; it's at least 50K over the top. Quote Link to comment Share on other sites More sharing options...
Number79 Posted February 25, 2011 Share Posted February 25, 2011 (edited) There are a couple of these companies based in Swansea that sell nationwide although they prefer to stay local. Most of the time they have to advertise it on Rightmove to get it past certain loop holes and be able to sell it to an investor already lined up. The investor usually needs to put about £3 - 5k down as the rest of the deposit can be used from a bridging loan taken out using the apparent equity in the property due to it being around 20% BMV. nah, not this firm. They have a unit on an industrial estate in hertfordshire and have a grand total of 10 properties on their books across the whole of the country. Doubt any investors would want anything to do with wesellhouses I always thought that the firms engaged in this sort of affair were the ones that buy cash for 20% below the valuation and then charge investors a fee to find BMV houses that they already own. Edited February 25, 2011 by richyc Quote Link to comment Share on other sites More sharing options...
Number79 Posted February 25, 2011 Share Posted February 25, 2011 Yes. Everyone knows its ass. As in 'I can't be assed' .... and 'that person who called me chavish is an asshole' I thought that an ass was a donkey but that yanks use the word "ass" because they never learned how to spell in skool. Quote Link to comment Share on other sites More sharing options...
mfp123 Posted February 25, 2011 Share Posted February 25, 2011 Viewed a house yesterday. After saying 'hello' the next thing the seller said was 'It's priced to sell you know" which I took to mean 'Don't even think about offering less than the asking price". you should have said "my offer will be priced to buy you know". Quote Link to comment Share on other sites More sharing options...
Number79 Posted February 25, 2011 Share Posted February 25, 2011 you should have said "my offer will be priced to buy you know". I would just ask "so, why is it still for sale?" Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.