Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

can you help me make a quick decision on houses please??in th next 5 mins

11 replies

oranges · 15/09/2008 17:31

just had an offer for a cash buyer for our two bed apartment - lower than we hoped (around 2006/7 prices) but more than we paid for it. They want it as a quick sale so we'd have to rent for a bit before bing again. should i take it/ am scared the market will suddenly bounce back and i won't be able to buy again

OP posts:
Lizzylou · 15/09/2008 17:33

Take it, the market is going down, not up
Repossessions are rising and property won't go back up for another few years from what I can see

CarGirl · 15/09/2008 17:35

Yes I think the market will go down for annother 12-24 months, remember by having sold it you will also be saving interest on the mortgage and the mortgage rates are likely to go up in the near future.

Fimbo · 15/09/2008 17:35

Lehmann's bank has already collapsed today.

Take, take, take.

noddyholder · 15/09/2008 17:36

it won't bounce back take it and good luck xx

TheBlonde · 15/09/2008 17:36

take it, the market has further to fall imho

WelliesAndPyjamas · 15/09/2008 17:37

I'd take in the circs

morethanyoubargainfor · 15/09/2008 17:37

Take it, take it.

shieldofsteel · 15/09/2008 17:37

Take it. Its really hard for 1st time buyers to get mortgages so you aren't going to have queues of people wanting a flat. You are still making a profit and you will have a good buying position when you are out of a chain. You could specify a date that you want to complete by in case they dither and the market drops further.

LuckySalem · 15/09/2008 17:38

take it!! If I could sell my house I definatly would!

oranges · 15/09/2008 18:25

okay - just accepted!it's been on the market for three months, and this is the first offer. so i think it was right to accept. gulp. now have to move. fast. should i try to buy or just rent for a while?

OP posts:
Fimbo · 15/09/2008 20:53

Rent unless you see something that you can get at a knock down price.

New posts on this thread. Refresh page
Swipe left for the next trending thread