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Is Now A Good Time To Buy With Desperate Sellers Before The General Election?

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Been keeping an eye on a house for 140k 2 months ago, it went down to 130k and then this week too 120k and I manged to buy it as a first time buyer for 115k with a 15% deposit. After years of low intrest rates I took the plunge. Even my parents neighbours have reduced there house from 140 to 125k this week because it has been up for a year. There is deals to be made as buyers wait till after the elcections but iam not delusioned to know that a storm is brewing. I just hope the 20% I saved can cover the loss I will make.

Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-2806165/Could-year-s-election-bag-bargain-home-Five-reasons-house-prices-slide.html#ixzz3H54emUus

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Nice volume of quality stock in my price range and a few new build discounts as well as discounts on existing stock that I thought would be snapped up in a couple of weeks.

The market isn't what it was back in March/April when any old crap was flying off the shelf!

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Nice volume of quality stock in my price range and a few new build discounts as well as discounts on existing stock that I thought would be snapped up in a couple of weeks.

The market isn't what it was back in March/April when any old crap was flying off the shelf!

I think almost all the pent up demand that had any money to buy (or access to the Bank of Mum and Dad) has bought already. Housing market seems very quite in a lot of areas. I've even been looking on rightmove again! (although not seen anything at a price that would make me go and have a look)

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I think almost all the pent up demand that had any money to buy (or access to the Bank of Mum and Dad) has bought already. Housing market seems very quite in a lot of areas. I've even been looking on rightmove again! (although not seen anything at a price that would make me go and have a look)

We just have to watch the pensioners next year to see if they want to go crazy they want to go. Bank of Gran and Gramps still to come.

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20k and rejected, weird. Its common around here to see the sellers adding 10% in anticipation of lower offers but looks stupid on the sales page when asking price go up and down like a yoyo.

The asking price was 172k I offered 150k. Empty to

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In the last fortnight we've offered 240k on a house listed at 280k - was rejected. Owner is a typical 'won't sell it for less than its worth' boomer. This is a 3 bed house, in a road of mostly 4 bed houses, where no house has ever broke 253k. Delusional.

We also offered 250k on a house which was on at 275k. Again very few houses in the street have ever broke the 250k threshold, also rejected.

Sellers don't seem to have quite caught on yet. Not around here anyway.

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