Buying houses

Started by Penfold, August 24, 2007, 11:35:43 AM

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delanvital

#1
August 24, 2007, 11:44:25 AM
Wow. I do remember the real estate agents pushing a lot, though.

T-Bag

#2
August 24, 2007, 12:04:24 PM
It's crazy that even though the housing market is trudelling along at a fairly slow pace people still believe the old line..."I've had alot of interest into this one, infact a couple are coming down later to sign for it....but if you sign now..."
I don't tend to buy things that impulsively and I'm sure I could wait 3-4days to choose if I want a house (and once I'd decided I'd still put in an offer atleast 5K less than the asking price, the worst that happens is they say no, and you offer more)
Juggling Hard Disks over concrete floors ends in tears 5% of the time.

Penfold

#3
August 24, 2007, 12:41:13 PM Last Edit: August 24, 2007, 12:59:23 PM by Penfold
5K ?

The house we just bought is a good example.

I offered them a lot more below the asking price (as a starting point to begin negotiations) and they accepted :blink:.

OK admittedly I know they were distressed sellers and had to sell but some people huh?

PEN

delanvital

#4
August 24, 2007, 12:43:52 PM Last Edit: August 24, 2007, 01:03:02 PM by Penfold
Quote from: Penfold;2028875K ?

The house we just bought is a good example.

I offered them a lot more below the asking price (as a starting point to begin negotiations) and they accepted :blink:.

OK admittedly I know they were distressed sellers and had to sell but some people huh?

PEN

A lot under? I wonder what the closing price was...

DuVeL

#5
August 24, 2007, 12:46:59 PM
It might depend on how much the house is and what you find reseanable to haggle.
 
For my appartment I'm paying 156.000 Euros for 68m2 and it's a startersappartment.
Not alot of space but an ideal location and it's going to be newly build.
Can't wait untill it's finished.
Survivor of LAN V, VI, VIII, IX, X, XII, XIV, XVI, XVIII, XX, XXIV, XXX, XXXII, XXXIV and XXXVI so far...
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Penfold

#6
August 24, 2007, 12:50:10 PM Last Edit: August 24, 2007, 01:03:55 PM by Penfold
Sounds nice Pete

Got any details / floorplans we can get jealous over?

PEN

Thulsa Doom

#7
August 24, 2007, 12:50:39 PM Last Edit: August 24, 2007, 01:02:43 PM by Penfold
Quote from: Penfold;2028875K ?

The house we just bought is a good example.

I offered them a lot more below the asking price (as a starting point to begin negotiations) and they accepted :blink:.

OK admittedly I know they were distressed sellers and had to sell but some people huh?

PEN

Also depends on what part of the country you are in.
Prices are still going up in Scotland (South-West anyway) at the moment.

Penfold

#8
August 24, 2007, 12:57:04 PM Last Edit: August 24, 2007, 01:06:31 PM by Penfold
True.

Prices are just mad - The south East/London/Home Counties is just plain stupid.
 
However it's all a question of parity - just because house prices are high you've still got to buy a new one if you sell so it's not a though you're better off.

I just worry how our kids are ever going to get on the property ladder.

PEN

PS. I edited my original post therefore amended my quoted ones.....

DuVeL

#9
August 24, 2007, 01:05:35 PM
Quote from: Penfold;202892I just worry how our kids are ever going to get on the property ladder.
 
PEN

I know what you mean.
My mother allready asked if I couldn't buy her house.
Really can't as housingprices in the NL are also insane.
da_Ricci is building his house in a town near us because in our town houseprices and groundprices are really high.
Survivor of LAN V, VI, VIII, IX, X, XII, XIV, XVI, XVIII, XX, XXIV, XXX, XXXII, XXXIV and XXXVI so far...
[QUOTE]Lionheart; Grolsch to DuVeL is like spinache to Popeye [/QUOTE]
[QUOTE]Cheesepuff...A cyborg is sent from the future on a deadly mission. He has to kill Ninja_Freak, a young Man whose life will have a great significance in years to come.Ninja has only one protector - DuVeL - also sent from the future. The Terminator uses his exceptional intelligence and strength to find Ninja_Freak & attempt to terminate him.
[/QUOTE]

Jamoe

#10
August 24, 2007, 01:24:17 PM
Quote from: Penfold;2028875K ?

The house we just bought is a good example.

I offered them a lot more below the asking price (as a starting point to begin negotiations) and they accepted :blink:.

OK admittedly I know they were distressed sellers and had to sell but some people huh?

PEN

5k is a lot if the house was on for 60k. :)

Penfold

#11
August 24, 2007, 01:27:19 PM
Find me a house in the country that costs £60K :narnar:

PEN

Edit:  Then again
http://news.bbc.co.uk/1/hi/wales/south_east/4482183.stm  :blink:

T-Bag

#12
August 24, 2007, 01:42:15 PM
Ermmm, 5k? I ment 15k.

Obviously it would depend on the owners, the price and the house itself. If the bedrooms were all being used and there was very little storage space I'd assume they'd be upgrading and want to move in a hurry. So the offer would be less.
But if it's a nice house that just looks too big for the person they might not be so egar to sell. I'll deal with all the nonsense in a few year when I'm less of a student.
Juggling Hard Disks over concrete floors ends in tears 5% of the time.

Penfold

#13
August 24, 2007, 01:46:43 PM
'Distressed sellers' are the way to go if you can find them.

Can't afford interest rate hikes (going to be massive) and need to downsize
Divorces
Probate
Realisation of capital required etc are all good prospects.

It's all a game

PEN

Jamoe

#14
August 24, 2007, 04:57:01 PM
Quote from: Penfold;202899Find me a house in the country that costs £60K :narnar:

PEN

Edit:  Then again
http://news.bbc.co.uk/1/hi/wales/south_east/4482183.stm  :blink:

Come up to Lincolnshire mate :)

although it was 4 years ago we bought our first for 42k.
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