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The Times@ What Do You Do When Your House Won't Sell?


maxdiver

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HOLA445
How to sell your home

Today's Times and timesonline have got the same theme running through them.

"If your house isn't selling"

"What to do when elusive buyers refuse to appear."

"A flagging market is a chance to demand extras with your new home"

Enjoy

I have no read it but surely all you need to do is to put in some IKEA laminate flooring and get some magnolia paint - that will add millions to the valuations...... :blink:

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HOLA446

Assume an alter ego and buy the place as a BTL?

Get together with neighbours in similar situations and sell each other your properties to inflate your house prices and make the area look more desirable?

Employ shills to manipulate stupid potential buyers to make an offer they've not thought through?

Don't sell - let the property... Property only ever goes up in value... and you'll enjoy paying the mortgage for someone else to live in your old home.

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Don't forget to park your mate's BMW/Boxter outside for full 'aspirational' effect.

That made me laff. There's a young guy in my road with a brand new Boxster. Often outside my house. It looks so out of place next to all the trade vans belonging to the normal folk.

Mind you if you are a dinky couple with money to burn in an affordable house then why not splash some cash... personally Id have got a 4 bed house and a Ka.

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Looks like Anne Ashworthless can sense the crash coming and is lining up her property bull(shite) excuses accordingly..for instance, she states in the article that EAs habitually overvalue properties and so any potential price reductions would be down to properties being more 'realistically' priced rather than an actual reduction in property values..

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That made me laff. There's a young guy in my road with a brand new Boxster. Often outside my house. It looks so out of place next to all the trade vans belonging to the normal folk.

Mind you if you are a dinky couple with money to burn in an affordable house then why not splash some cash... personally Id have got a 4 bed house and a Ka.

I can't really talk - I certainly enjoyed my early/mid 20s, I was a bit like George Best: "I spent a lot of my money on booze, birds, and fast cars - the rest I just squandered". You have to have one period of your life where you hedonistically indulge, just to get it out of your system and prevent yourself becoming a sad balding 911 driver in your 50s :)

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How to sell your home

Today's Times and timesonline have got the same theme running through them.

"If your house isn't selling"

"What to do when elusive buyers refuse to appear."

"A flagging market is a chance to demand extras with your new home"

Enjoy

Had to laugh at this bit in the article.....

"We know that the right buyers are out there – it’s just a question of finding them,” says Jane. “They are going to be younger, probably City-based, with enough imagination to appreciate the Marrakesh influences of our interiors.” The house, which has been on the market for eight weeks, isn’t your conventional fourbed detached with shiny white en suites.... Highly individual in its decor..... Upstairs is a hammam-style bathroom with an elevated double bath and lined with Moroccan tiles"

:lol::lol::lol:

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Replying to The Times@

I have a suspicion that people are refusing to drop prices because many are highly leveraged and a drop of price would mean a possible shortfall they would have to cover.

Let’s see how long that game can last.... 6 months from now it is going to be brutal.

Probably with huge credit card debts and possible recession ahead e.g with job cuts looming people will be sweating. I heard familiar words last night on the beeb "We shouldn't talk ourself into recession" last said by Norman Lamont 1991. Currently being said by Alistair Darling.

By God if there is a recession, chances improving day by day (masked by words such as economic slowdown :lol::lol: ) This could produce one of the biggest busts in property ever known as prices are way out of proportion with salaries in a way we have never had before.

Fun Times Ahead "Abandon Ship" :lol::lol:

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A quick google reveals that this house featured in series 2 of Grand Designs, C4's top property porn show.

I seem to remember that the flatpack house (a timber frame import) cost about £55k, the land about £150k and the frankly hideous interiors about £55k. It was built on an awkward, smallish plot and looked very out of place in its setting. Kev was surprised they got planning permission and wasn't at all keen.

£825K! Greedy feckers.

What can it all mean?

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I have a suspicion that people are refusing to drop prices because many are highly leveraged and a drop of price would mean a possible shortfall they would have to cover.

Let’s see how long that game can last.... 6 months from now it is going to be brutal.

A colleague at work is in this position.

He thought he could dig himself out of the mire by selling his house. With no takers he's dropped the price and dropped the price... now the main creditor (for a £25,000 loan secured on the house) wants £197 to send their own valuer around and has threatened to stop any sale going through if their debt wont be covered.

My colleague has been advised by his solicitor to petition for bankruptcy pronto.

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Had to laugh at this bit in the article.....

"We know that the right buyers are out there – it’s just a question of finding them,” says Jane. “They are going to be younger, probably City-based, with enough imagination to appreciate the Marrakesh influences of our interiors.” The house, which has been on the market for eight weeks, isn’t your conventional fourbed detached with shiny white en suites.... Highly individual in its decor..... Upstairs is a hammam-style bathroom with an elevated double bath and lined with Moroccan tiles"

:lol::lol::lol:

That bit made me want to arrange a viewing just so I had a chance to punch them in the face for being smug twats.

Regardless of price it's probably not selling because it's weird and nowhere near as tasteful as they think it is.

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Had to laugh at this bit in the article.....

"We know that the right buyers are out there – it’s just a question of finding them,” says Jane. “They are going to be younger, probably City-based, with enough imagination to appreciate the Marrakesh influences of our interiors.” The house, which has been on the market for eight weeks, isn’t your conventional fourbed detached with shiny white en suites.... Highly individual in its decor..... Upstairs is a hammam-style bathroom with an elevated double bath and lined with Moroccan tiles"

:lol::lol::lol:

you beat me to it! that quote is so 2006... excellent!

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Had to laugh at this bit in the article.....

"We know that the right buyers are out there – it’s just a question of finding them,” says Jane. “They are going to be younger, probably City-based, with enough imagination to appreciate the Marrakesh influences of our interiors.” The house, which has been on the market for eight weeks, isn’t your conventional fourbed detached with shiny white en suites.... Highly individual in its decor..... Upstairs is a hammam-style bathroom with an elevated double bath and lined with Moroccan tiles"

:lol::lol::lol:

Shouldn't we all just book viewings and go "ooo love these faux morrocan features", then promptly offer 40% of asking price :D

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I loved the Morrocan tiles bit;

i would only buy a house if it had a big vase with sticks in every room, those super modern breakfast stools in the dining/kitchen and the feeling that what i am buying is a lifestyle not an overpriced sh1th0le.

Interestingly - the Times used to have a pretty interesting pull-out 16-24 page property section (Bricks and Mortar)

this was filled with ads for homes around the world, new developments in London, UK, and abroad (esp. Dubai as i recall) and a focus on one region.

now it is a 6 page section with only one (apart from all the articles) advert for Frank Knights Islington Wharf dev. (manchester)

Why is that?

Is it because advertisers are not paying to sell their developments?

Is it because advertisers have moved onto more specific media outlets (e.g. go to WHSmiths and look at all the property mags - there is 4 tatoo mags in my local shop and maybe 50 property mags)

Or is it just my imagination???

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