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Original poster

Has anyone actually sold their house recently???

59 replies

jenniepanda · 17/01/2008 22:17

We have been on the market from June and all was going swimmingly with some lovely buyers and a purchase on a lovely house...but then our buyers buyer pulled out and we lost the house we were buying...that was in October and we haven't have a single viewing since.

Everywhere I turn I read about how bad the houseing market is blah blah blah and all I want to do is sell my house!

We are relocating 200 miles away and are desperate to move, but unable to rent due to several pets.

Anyone else having any luck?

OP posts:
1dilemma · 21/01/2008 00:52

I predict 30-40% off in the next 18-24 months ta da. Nothing is moving, recently posed as house seller and agent was full of doom and gloom all talk of lots of properties coming on, need to drop price in 2 weeks to meet market , buyers not offering good prices. Totally different from when I last posed as seller. (not 12 months ago!)

anniemac · 21/01/2008 01:03

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anniemac · 21/01/2008 01:04

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jabberwocky · 21/01/2008 01:20

We are getting ready to put our house on the market. Not the greatest timing but we have to move by the summer. Dh is pretty stressed.

GreedyGecko · 22/01/2008 19:57

I just accepted an offer on my house yesterday, was on th emarket for less than 2 weeks, although it is less than what i bought it for 2.5 years ago (and I've done about £10K of work on it).

I wasn't going to accept the offer cos i thought it was taking the mick, but looking online the house prices here have dropped massively just since i put it on the market. Theory was, if I don't accept, I may stil be here in 6mths time and have to drop the price anyway.

jabberwocky · 22/01/2008 21:09

Congratulations!! I think you've done the right thing. It's unfortunate, but after doing your homework on housing you can at least know that you made an intelligent decision.

We're in the US and the Fed just lowered the interest rate .75 today. Hoping that works in our favor

GrinningSoul · 23/01/2008 00:08

we've accepted the lowish offer on our house (the one i was hoping for last sat never materialised). on friday we offered a mad low price on our dream house - the first one that's had us both properly excited in all the 9 months we've been looking - and had it rejected by 25K at least. then at 7pm tonight (presumably after day of recession news) the agent phoned back and said - actually could you just bung another 5k on to your offer?

aarrrrrgggggghhhhhhhhhhhh so excited and yet... it's so much money. and it needs completely everything doing and we won't have any money at all at all we'll be camping in the sitting room....

cherryredretrochick · 23/01/2008 09:19

Our house went on the market in August, we only had one viewing but they bought for 5k less than asking price, not really ina posiyion to bargain as only viewer. The house we were buying fell through. We bought another house, bigger than one that feel through for 3k less. It should all be going through this week so i am bricking it in case something goes wrong. I think if this falls through we have have to scrap moving until things settle.
I personally think come March everything will be back to normal, no mater what the market is doing everybody fancies moving come spring.

McDreamy · 23/01/2008 09:20

House going on the market this week. We are about to put an offer on a house we like. Exciting times but along way to go!!

crokky · 23/01/2008 09:30

Agree with the person who said only people who really have to move will do at the moment. We had to move (relocation hundreds of miles) so we did. The people who bought our old house needed to move to get their DC into a school. It is hard - my DH can't stop worrying that we have overpaid for our house as the market is not going too well!

noddyholder · 23/01/2008 09:33

I think this year will just see falls.Everyone inc the treasury are skint!Mortgages are getting more expensive and yesterdays cuts seem to indicate the bank of england will cut too but this won't be passed on.Several of the big lenders raised their rates yesterday!Now is a bad time to buy unless you are looking for a home and are not hoping for your home to rise in value in teh next few years We are viewing lots of houses and will buy if we get a bargain.I think when spring comes and the traditional rise doesn't happen then the agents will start advising their clients to reduce prices.Now is not the time to take out a big mortgage because even if we get a cut here initially inflation is so high that rates will have to rise later this year.The days of cheap credit and rocketing prices are over.

Jampot · 23/01/2008 10:24

despite offering on a house last week (and eventually agreeing a rpice) we are now thinking it would be more prudent to rent and put our equity into as many tax free savings schemes as we can. A local estate agent told me we would end up getting stuck with the house we offerd on as it had been on teh market for ages and ages before. Plus I am waiting for some money which I expected in November which shows no signs of materialising any day soon

noddyholder · 23/01/2008 10:37

If you are going to be getting a big mortgage I would wait at least 6 months.But if the house you offered on has been for sale for ages couldn't you get it cheaply? We offered very low last week and were refused even though we were a cash buyer BUT agents rang us back yesterday twice to re offer it to us but we are still going to keep looking now as there are a few bargains appearing

Jampot · 23/01/2008 13:54

we're not going through an agent and we had already agreed the price. They had resigned themselves to staying there so not sure if it will be worse if we back out. The money Im due in will really be the defining point though. Im not prepared to wait to complete my house in case we lose the sale but we cant move on without my extra money -

GrinningSoul · 24/01/2008 19:14

aaaarrrrgggggggghhhhhhhh we've just had our cheeky (for London) offer accepted on an ancient but detached wreck. i feel sick and excited and sick and excited and sick...

i can't imagine having to move from my shiny but small terrace to a cavernous but decaying thing.... gulp. reassure me please! Also we will, of course, have no money and will have to scratch the flock wallpaper off with our chewed fingernails. and the children will have to bath in the wonky PINK bath with jug of water and they'll hate us. oh help.

noddyholder · 24/01/2008 19:15

how cheeky?We are looking and hoping for a cheeky wreck too

frogs · 24/01/2008 19:21

Grinning Soul, we have a decaying pile in London too (but not detached, am about that!). Whereabouts are you that has detached houses?

We also have no money, or at least not now that we've had central heating installed and a bathroom put in, so the bathroom is currently lightless, we have wobbly floorboards and holes in the walls, and the decor is still of the cheap B&B variety (think swirly, and lots of dark colours).

It's fine, it's character-building for the children. All their friends are fine with it, as it means they can make a mess without anyone caring.

Occasionally I do hanker after our previous house, which we had lovingly restored to pristine perfection over a very long period of time. But the move was def. the right thing to do.

Tickle · 24/01/2008 19:28

Grinningsoul the kids will love it - unless they are teenagers of course... in which case you can try and convince them it is retro-hip congrats!

We accepted an offer in Oct - still waiting for the mortgage co to approve the buyer's mortgage. Sooo slow, but we think (hope!) they are still keen.

Our house is kinda remote and unique, so we can't really look at prices up the road, IYSWIM, but it all seems spookily quiet out there...

GrinningSoul · 24/01/2008 19:32

thank you everyone it really truly makes me feel good to read those kind things. the house is in a (relatively) grotty bit of SW london. and we offered 110k under the asking price...

Tickle · 24/01/2008 19:34

yeehah! double congrats - that is cheeky

noddyholder · 24/01/2008 19:36

If it isn't too cheeky how much in % Don't need to be exact just a rough guide and well done!

GrinningSoul · 24/01/2008 19:53

we're paying 88@ of the asking price - is that what you meant, nod? it has a 110 ft garden with FRUIT TREES hurrraaaahhhhh

noddyholder · 24/01/2008 19:59

Lucky thing!We viewed a virtually derelict house today which I love but we are waiting a few weeks as we have loads to view.12% off sounds good

frogs · 24/01/2008 21:14

GS, really don't panic. A detached house with a 110 ft garden is never going to be wrong.

Wonky decor is fine, so are wobbly floorboards. Heating is a must though -- our went in end of October, just after it started getting chilly. How the previous occupants had lived in it with no heating I do not understand.

I emailed some photos of our bathroom to an architect friend, thinking she'd be chilled about it, but even she was a bit shocked. But it'll be fine. The kids learn to avoid the really big gaps in the floor. And visiting children learn not to take their shoes off, unless they want me picking splinters out of their toes with tweezers...

Being allowed to draw on the walls is a big attraction, though.

Jampot · 25/01/2008 00:07

grinningsoul - congratulations sound wonderful.

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