iLegallyBlonde Posted January 8, 2006 Share Posted January 8, 2006 http://212.50.188.108/cgi-win/vebra.cgi?de...3/THELO/25592/3 We both love it, can afford it and we know they've just lost a sale WWYD ?????? We'd have to extend it or move in about 5 years time. Quote Link to comment Share on other sites More sharing options...
AgeingBabyBoomer Posted January 8, 2006 Share Posted January 8, 2006 http://212.50.188.108/cgi-win/vebra.cgi?de...3/THELO/25592/3 We both love it, can afford it and we know they've just lost a sale WWYD ?????? We'd have to extend it or move in about 5 years time. It may be the house of your dreams - are you prepared to assume the debt of your nightmares to own it? ABB Quote Link to comment Share on other sites More sharing options...
libitina Posted January 8, 2006 Share Posted January 8, 2006 It looks lovely. Would you be able to afford to extend in 5 years time? Could you afford possible negative equity, especially if it came to selling for the next rung up? Quote Link to comment Share on other sites More sharing options...
iLegallyBlonde Posted January 8, 2006 Author Share Posted January 8, 2006 It looks lovely. Would you be able to afford to extend in 5 years time? Could you afford possible negative equity, especially if it came to selling for the next rung up? I wouldn't want to move from that house until I was wearing a wooden overcoat :-] If we didn't have the money for an extention we could make one of the rooms downstairs into a bedroom I guess, it just ticks all the boxes and is within our price range, something i've been looking for for three years I just am so sure the market will crash, hubs isn't and is sick of moving house from rented to rented but what if i'm wrong Quote Link to comment Share on other sites More sharing options...
libitina Posted January 8, 2006 Share Posted January 8, 2006 Make a REALLY low offer and work up from there? You're in an ideal position and they they may snatch your hands off.(or not, who knows?). Put the offer in writing to the EA stating your reasons for the low offfer and CC it to the vendor incase the agent won't pass it on. Start low and work up. Quote Link to comment Share on other sites More sharing options...
PMTension Posted January 8, 2006 Share Posted January 8, 2006 I wouldn't want to move from that house until I was wearing a wooden overcoat :-] If we didn't have the money for an extention we could make one of the rooms downstairs into a bedroom I guess, it just ticks all the boxes and is within our price range, something i've been looking for for three years I just am so sure the market will crash, hubs isn't and is sick of moving house from rented to rented but what if i'm wrong I would go around the house with a builder and find out what the options are for extending the property so that you can miss the next rung. It may be better to do that than pay another lot of stamp duty and fees associated with selling and buying another property at a later date. Can't tell from the picture whether a loft room is an option. If the location is right for you then extending may be an idea - and you can get a feel for how much you really want to pay over the longer term. It also might be useful to find out why the sale fell through - were there issues relating to the extension meeting building regs/planning requirements? Good Luck PMT Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 8, 2006 Share Posted January 8, 2006 (edited) I wouldn't want to move from that house until I was wearing a wooden overcoat :-] If we didn't have the money for an extention we could make one of the rooms downstairs into a bedroom I guess, it just ticks all the boxes and is within our price range, something i've been looking for for three years I just am so sure the market will crash, hubs isn't and is sick of moving house from rented to rented but what if i'm wrong tbh terrified from your posts it sounds as if your loaded anyways, so go for it, you could probably buy your way out of any possible neg eq. Edited January 8, 2006 by theChuz Quote Link to comment Share on other sites More sharing options...
iLegallyBlonde Posted January 8, 2006 Author Share Posted January 8, 2006 tbh terrified from your posts it sounds as if your loaded anyways, so go for it, you could probably buy your way out of any neg eq anyways. We're far from loaded, hubs works 120 hours a week for his salary so they get more than a pound of flesh from him, but i take your point we're unlikely to be forced sellers as we have no other debt. Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 8, 2006 Share Posted January 8, 2006 (edited) We're far from loaded, hubs works 120 hours a week for his salary so they get more than a pound of flesh from him, but i take your point we're unlikely to be forced sellers as we have no other debt. he works 17 hours a day 7 days a week, fair play to him Just a touch of jealousy (im human after all) have been looking at this thing thats glued onto the side of a house then i read your thread and thought 'ffs'. Its a nice house if you can afford it buy, i would. Differnt leagues Edited January 8, 2006 by theChuz Quote Link to comment Share on other sites More sharing options...
libitina Posted January 8, 2006 Share Posted January 8, 2006 We're far from loaded, hubs works 120 hours a week for his salary so they get more than a pound of flesh from him, but i take your point we're unlikely to be forced sellers as we have no other debt. Is he a Doctor? Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted January 8, 2006 Share Posted January 8, 2006 (edited) We're far from loaded, hubs works 120 hours a week for his salary so they get more than a pound of flesh from him, but i take your point we're unlikely to be forced sellers as we have no other debt. It's a nice place, in our current silly market the price is the equivalent of two shitty terraces, yet you're getting more than that, a lot more. Where's the shocker though, sewage farm across the way, a dual carridgeway in the back garden? What's the dirty secret? Edited January 8, 2006 by BuyingBear Quote Link to comment Share on other sites More sharing options...
iLegallyBlonde Posted January 8, 2006 Author Share Posted January 8, 2006 Is he a Doctor? No, he works for a pharmaceutical company - not animal testing before anyone jumps in there, it's very rare he has a day off or goes to bed before 2am Quote Link to comment Share on other sites More sharing options...
Converted Lurker Posted January 8, 2006 Share Posted January 8, 2006 We're far from loaded, hubs works 120 hours a week for his salary so they get more than a pound of flesh from him, but i take your point we're unlikely to be forced sellers as we have no other debt. Angela, your 40K deposit/profit on your former place could be eaten alive before the ink`s dry on the completion paperwork, one day you`re looking at West Kirby/Thurstaston, the next Stratford Have you not settled on our `ickle peninsula then? Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 8, 2006 Share Posted January 8, 2006 That garden would look good with a swimming pool in it! will save mowing it all aswell. (im not taking the piss) Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted January 8, 2006 Share Posted January 8, 2006 That garden would look good with a swimming pool in it! will save mowing it all aswell. (im not taking the piss) Pools actually devalue a property! Especially so if they're uncovered, I'm not joking. Quote Link to comment Share on other sites More sharing options...
iLegallyBlonde Posted January 8, 2006 Author Share Posted January 8, 2006 Angela, your 40K deposit/profit on your former place could be eaten alive before the ink`s dry on the completion paperwork, one day you`re looking at West Kirby/Thurstaston, the next Stratford Have you not settled on our `ickle peninsula then? The house we've sold is in S-u-A so we know the area but mainly I am sick to death of Clive Watkins and Karl Tatlers women of a certain age, telling me that crappy terraces in Hoylake are well worth £400k and anything detached is £450k plus it's sooooo fustrating. At least the agents is Stratford all admit the market is rubbish Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 8, 2006 Share Posted January 8, 2006 (edited) Pools actually devalue a property! Especially so if they're uncovered, I'm not joking. Really? i would of thought it would of added to it Your not just using barrymores house as a reference are you? Edited January 8, 2006 by theChuz Quote Link to comment Share on other sites More sharing options...
iLegallyBlonde Posted January 8, 2006 Author Share Posted January 8, 2006 Really? i would of thought it would of added to it Your not just using barrymores house as a reference are you? No i looked at a house with a pool and all i could think was i wonder how much it'll cost to fill that in, Uk isn't really the place for outdoor pools. Now this is a pool (picture 9) http://www.rightmove.co.uk/viewdetails-536...pa_n=1&tr_t=buy If it comes down to £350k i'm aving it Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted January 8, 2006 Share Posted January 8, 2006 Really? i would of thought it would of added to it Your not just using barrymores house as a reference are you? The bulls don't even like them :- "A swimming pool may be the height of luxury, but potential buyers may be concerned about security risks for small children and expensive running costs. A pool may recoup as little as 10 per cent of the initial cost. " Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 8, 2006 Share Posted January 8, 2006 No i looked at a house with a pool and all i could think was i wonder how much it'll cost to fill that in, Uk isn't really the place for outdoor pools. Now this is a pool (picture 9) http://www.rightmove.co.uk/viewdetails-536...pa_n=1&tr_t=buy If it comes down to £350k i'm aving it Thats bigger than our local sports center's pool , i dont like the decor of one of the rooms though so i wouldnt want that place. (notice how its decor and not "the way that its painted 'n sh*t" when its a place like that ) The bulls don't even like them :- "A swimming pool may be the height of luxury, but potential buyers may be concerned about security risks for small children and expensive running costs. A pool may recoup as little as 10 per cent of the initial cost. " Its its big enough and you can afford to slap a pool in i would imagine you wouldnt care about the running costs to much, plus kids have to learn to swim at some point! Im actually quite suprised, i'm going to fill in that rather large pothole in the garden to our council house, gotto maintain its value Quote Link to comment Share on other sites More sharing options...
BricksandMortar Posted January 8, 2006 Share Posted January 8, 2006 http://212.50.188.108/cgi-win/vebra.cgi?de...3/THELO/25592/3 We both love it, can afford it and we know they've just lost a sale WWYD ?????? We'd have to extend it or move in about 5 years time. whaddyer waiting for? Quote Link to comment Share on other sites More sharing options...
sign_of_the_times Posted January 8, 2006 Share Posted January 8, 2006 (edited) http://212.50.188.108/cgi-win/vebra.cgi?de...3/THELO/25592/3 We both love it, can afford it and we know they've just lost a sale WWYD ?????? We'd have to extend it or move in about 5 years time. IMO you should play your cards a bit closer to your chest. how do you know the agent doesn't troll on these boards? (or someone who might tip him off !) remember - get too emotional and all sense goes out the window. Edited January 8, 2006 by sign_of_the_times Quote Link to comment Share on other sites More sharing options...
Pete95 Posted January 8, 2006 Share Posted January 8, 2006 You might love the house now, but if you bought it and the market crashed, meaning its market value fell to 200k - you'd hate the place because you'd always be thinking of what house you COULD have bought had you waited a bit On the other hand if they are keen to sell, then put in a silly offer. If its on at 350, say the actual value is 325 in the current market - then offer 290. Then if prices did fall 25% (so value goes to 244), then at least youve only lost approx 45k which you could think of as 3years rent. Quote Link to comment Share on other sites More sharing options...
IMupNorth Posted January 8, 2006 Share Posted January 8, 2006 http://212.50.188.108/cgi-win/vebra.cgi?de...3/THELO/25592/3 We both love it, can afford it and we know they've just lost a sale WWYD ?????? We'd have to extend it or move in about 5 years time. If you really want it, offer £20k less and go for it, but only if you intend to spend the rest of your lives there. I think they may accept this as its a relatively small drop. If you have any thoughts that you may be moving on, then its clearly that you don't love it that much or its not right for you, in which you may be better waiting for exactly the right thing to come along. Just to put this in perspective, houses like that are going for £50-100k more in North Yorkshire, so to me it looks a bargain all ready. Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 8, 2006 Share Posted January 8, 2006 If you really want it, offer £20k less and go for it, but only if you intend to spend the rest of your lives there. I think they may accept this as its a relatively small drop. If you have any thoughts that you may be moving on, then its clearly that you don't love it that much or its not right for you, in which you may be better waiting for exactly the right thing to come along. Just to put this in perspective, houses like that are going for £50-100k more in North Yorkshire, so to me it looks a bargain all ready. Old indian burrial ground springs to mind Quote Link to comment Share on other sites More sharing options...
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