Mr Tickle Report post Posted November 2, 2005 Following on from a thread I posted in the other day I have an update on a property for sale near me, its a 4 bed chalet style bungalow, just near where I live, when we moved in the property was 265K, semmed about right tbh. It has been reduced since then, 10K or so at a time, done the Stamp duty paid thing and all that eventually reaching an asking price of 225K (looking good, but no desperate) , I went away on a family Holiday 3 weeks ago, on our return they had taken on another agent, also an auctioneers board outside. The asking was dropped to £199,950 ..... and the auction was appartantly on Monday gone, and the EA told Mrs T the reserve was at 180K. Had a look this morning, still unsold, asking price now £189,950 ............ just a shame its not my type of place or i'd go in with an offer ....... ( of 150K ;O) ) But it just goes to show what CAN and DOES happen in a falling market when sales are evidently FORCED I wont post the link for ananimities (sp) sake .. Quote Share this post Link to post Share on other sites
jeeps Report post Posted November 2, 2005 But it just goes to show what CAN and DOES happen in a falling market when sales are evidently FORCED I wont post the link for ananimities (sp) sake .. I love posts like this, all the poor nation who have got into debt, up comes people like u and me who hav the deposits and get Britain back on track! Quote Share this post Link to post Share on other sites