What would you do? i'm losing sleep over this..
Ok our home has been on the market for a while with no buyer - estate agent ours and others have given general election funny market as the reason but really I think we over priced. I am getting anxious about moving by primary school deadlines. We are being advised to drop our price again which I understand but annoyed this wasn’t what was suggested earlier and will heavily restrict where we can move to. But after discussions at home about what we can buy we feel we have a few options to move fast
1, drop price with the same agent and buy somewhere smaller or in a worse location (with not great schools) – depending on what is available - but I'm just a bit p1ssed off with them now
2, Rent out current home with a buy to let mortgage and realise this gives us less to spend on the new home but then by adding £25k to existing mortgage to get something actually similar to the homes we would get with just dropping the price as where we want to move has a few price brackets really
3, A new agent is willing to take it on and basically work with us on either a sale (at current price) or rent basis to see what happens first and what we find if we start looking properly again. We stopped looking after a month of no offer.
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Don't know what to do - thoughts please
13 replies
Andcake · 29/06/2015 16:44
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