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Public Notice

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Havent seen this for a long time in the Northamptonshire local paper property night.

2 different notices.

PUBLIC NOTICE

Estate Agents name

are now in the receipt of an offer of the sum of

for such and such property

Anyone wishing to place an offer on the property

should contact Name and address

of Estate Agent

before exchange of contracts.

One is 74,000 and the other 32,950

mmmmm might go look at that one for 32,950

And err still plenty new instructions, new price and reduced.

And lots and lots of loverly rentals, dont rush theres plenty enough for everyone!

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Havent seen this for a long time in the Northamptonshire local paper property night.

2 different notices.

PUBLIC NOTICE

Estate Agents name

are now in the receipt of an offer of the sum of

for such and such property

Anyone wishing to place an offer on the property

should contact Name and address

of Estate Agent

before exchange of contracts.

One is 74,000 and the other 32,950

mmmmm might go look at that one for 32,950

And err still plenty new instructions, new price and reduced.

And lots and lots of loverly rentals, dont rush theres plenty enough for everyone!

found a third 208,000

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Havent seen this for a long time in the Northamptonshire local paper property night.

...

go on gissa clue

i've flicked through the chronicle + echo version and can't find 'em - do you get the evening telegraph version?

mind you my eyes glaze over after a couple of minutes; all that rental property up for grabs and "NEW" and "NEW PRICE" stuff is very distracting!

the rental market is mad around here - you can rent a country cottage for the same amount as a run down terrace in the mounts (stabsville for the uninitiated)

Edited by gasket37

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Is that not publicly gazumping??

No, it's a repo, they have a legal duty to get the best price for the bank.

In a normal sale no buyers, not to mention most sellers, wouldn't put up with crap like that.

Edited by BuyingBear

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No, it's a repo, they have a legal duty to get the best price for the bank.

In a normal sale no buyers, not to mention most sellers, wouldn't put up with crap like that.

spot on buying bear. from stories i've heard from friends, repos often involve the buyer getting a low offer accepted, then being strung along and losing out to a higher offer having wasted loads of money.

The offer it sells for may not be quite what a greedy owner might try to hold on for but will be market value (as it should be). I personally wouldn't try to buy a repossession as I the banks are rightfully looking for top dollar.

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There is one in our local paper this week. Big Victorian place - would fetch 600k normally - had an offer of 475k - by order of the mortgagees etc.

That's a sign is it? Couple of people couldn't make the mortgage payments.

I set it against all the other signs. The ones that say Sold on them. They are everywhere round here.

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They where in the Kettering Evening Telegraph.

The reason I say it as a sign is because the last time I saw this sort of thing was 1990.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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