Had an offer today! What should we do? ADVICE PLS!
Jan 27th 2006, 3:41 am
#16
Forum Regular
Joined: Sep 2003
Location: Bayside Brisbane
Posts: 279
Re: Had an offer today! What should we do? ADVICE PLS!
Hi Lucyb
To put another perspective on your question, it doesn't seem that long ago when you thought the world had ended when your initial visa application went all horribly wrong and you didn't think you had any chance of getting over here. If someone had said to you then, we'll get you there but it'll cost you another 5 grand, what would you have said?
Do you sit and wait for another few months for a few grand,when the house market could go down further or do you get the ball rolling and just get over here?
whichever route you choose, you WILL look back on this one day and laugh, cause I think the majority of us that have got here so far all have!
Good luck
N.
To put another perspective on your question, it doesn't seem that long ago when you thought the world had ended when your initial visa application went all horribly wrong and you didn't think you had any chance of getting over here. If someone had said to you then, we'll get you there but it'll cost you another 5 grand, what would you have said?
Do you sit and wait for another few months for a few grand,when the house market could go down further or do you get the ball rolling and just get over here?
whichever route you choose, you WILL look back on this one day and laugh, cause I think the majority of us that have got here so far all have!
Good luck
N.
Jan 27th 2006, 4:58 am
#17
womble
Joined: Sep 2005
Posts: 2,675
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
But it's more like 4-4.5 k when you take into account the extortionate agents fees...and that's assuming she pays £238. We have already reduced it from £247! This is a nightmare!
you may have done all the sums and been glad of the extra 8k, but it was only paper/smoke money - not real.
now as for this woman offering you 238 and you thinking it is going to cost you 4+k, then sorry again, but that is your problem not hers.
as you said, you are both young, and 30+k is a lot of money to start off a new life with. I mean, you're not going to emigrate and buy a house with no mortgage - unless you are in your late 40s upwards, that is simply unrealistic - very few people in the world can afford to do this.
personally I would say, take the 235 now rather than hang out for 6-9 months and end up with 230.
Jan 27th 2006, 5:05 am
#18
NEO LIVES
Joined: Dec 2004
Location: ADELAIDE
Posts: 929
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
OK...our house is on the market at £239,950. ( a humble 4 bed new build in West Sussex, Im afraid!) We had an offer today from someone I am aquainted with through my church, she has nothing to sell as her boyfriend dumped her on Xmas day (classy). She initially offered 233,and we laughed. She then came back with 235 and we giggled. I said we wouldn't even think about taking less than 238. One of the main reasons Im thinking of declining is she came to see us when we were joint sole agency (ie 2%) but we have since sacked on eagent and are now on with only 1 for a flat fee of £2,500. If we accepted her offer, we would be down not only the £2k from the asking price but also another 2+k because of the higher fees we would have to pay as she initially viewed the house when we were on with 2 agents. (I hope this makes sense!) As we are still fairly young we have a massive mortgage and some debts to clear before we leave (I am a major shop-o-holic) so at full asking price, we would only have about £30k to take with us. What should we do?
All advice gratefully received!
All advice gratefully received!
Take the offer and run with it...
CORKER..
Jan 27th 2006, 5:16 am
#19
BE Enthusiast
Joined: Nov 2004
Location: parkdale, melbourne
Posts: 553
Re: Had an offer today! What should we do? ADVICE PLS!
Is one of you not really sure about the move?
Do you think maybe you are using the house as a security blanket? You know "we can't go unless we get this for the house..."
Maybe you should sit down and talk to each other about if you both really do want to come here and if so whether GBP2 - 5K is much of a sacrifice for the opurtunity of a life down under. If you didn't sell and had to validate your visa how much would that cost with flights, insurance accom. etc.
I could have the completely wrong idea about your situation but it may be a good idea to sit down and be realistic.
I wish you well with what ever you decide about the house.
Louise.
Do you think maybe you are using the house as a security blanket? You know "we can't go unless we get this for the house..."
Maybe you should sit down and talk to each other about if you both really do want to come here and if so whether GBP2 - 5K is much of a sacrifice for the opurtunity of a life down under. If you didn't sell and had to validate your visa how much would that cost with flights, insurance accom. etc.
I could have the completely wrong idea about your situation but it may be a good idea to sit down and be realistic.
I wish you well with what ever you decide about the house.
Louise.
Jan 27th 2006, 6:39 am
#20
Sunny Sydney
Joined: Aug 2005
Location: Sydney
Posts: 6,241
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
So I guess my next question should be...'are we buggered if we arrive in Adelaide with only £25k!?' 
You say you're a shopaholic - does that mean you've got a wardrobe full of decent clobber (some of which you might find too warm for Adelaide) - get ebaying - good quality clothes, bags, shoes sell well there and you may make a few hundred which'll make that price drop on the house a "little" sweeter.
A year from now (or earlier), I'm going to take you out for a drink in Adelaide and we'll sit back and laugh about this b****y migration process
And hey, if we're skint 'cause we got less for our houses than we hoped, then rather than a swanky bar or restaraunt, we'll fill and eski and have a picnic in the sun Good luck
Gill
Jan 27th 2006, 6:44 am
#21
Potton to the Gold Coast
Joined: Feb 2004
Posts: 2,211
Re: Had an offer today! What should we do? ADVICE PLS!
We took 30K less than the asking price but i suppose it all depends on what you are budgeting for
We have no chain and from offer to exchange, we are looking at 4-6 weeks in total
Best of luck what ever you choose but just weigh everything up
Rob
We have no chain and from offer to exchange, we are looking at 4-6 weeks in total
Best of luck what ever you choose but just weigh everything up
Rob
Originally Posted by lucyb
OK...our house is on the market at £239,950. ( a humble 4 bed new build in West Sussex, Im afraid!) We had an offer today from someone I am aquainted with through my church, she has nothing to sell as her boyfriend dumped her on Xmas day (classy). She initially offered 233,and we laughed. She then came back with 235 and we giggled. I said we wouldn't even think about taking less than 238. One of the main reasons Im thinking of declining is she came to see us when we were joint sole agency (ie 2%) but we have since sacked on eagent and are now on with only 1 for a flat fee of £2,500. If we accepted her offer, we would be down not only the £2k from the asking price but also another 2+k because of the higher fees we would have to pay as she initially viewed the house when we were on with 2 agents. (I hope this makes sense!) As we are still fairly young we have a massive mortgage and some debts to clear before we leave (I am a major shop-o-holic) so at full asking price, we would only have about £30k to take with us. What should we do?
All advice gratefully received!
All advice gratefully received!
Jan 27th 2006, 7:22 am
#22
Thread Starter
Joined: Jun 2004
Posts: 1,606
Re: Had an offer today! What should we do? ADVICE PLS!
Thanks so much for all of your replies! We are going to take the money and get packing. A bird in the hand and all that!
Lucy
x
Lucy
x
Jan 27th 2006, 7:41 am
#23
Sunny Sydney
Joined: Aug 2005
Location: Sydney
Posts: 6,241
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
Thanks so much for all of your replies! We are going to take the money and get packing. A bird in the hand and all that!
Lucy
x
Lucy
x
Jan 27th 2006, 8:32 am
#24
Living the Dream!
Joined: Sep 2005
Location: Cleveland
Posts: 6,515
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
Thanks so much for all of your replies! We are going to take the money and get packing. A bird in the hand and all that!
Lucy
x
Lucy
x
Go for it! and the best of luck to you with your move!
Jan 27th 2006, 9:03 am
#25
Ok this isn't so bad
Joined: Aug 2005
Location: Dundee (Scotland) now Bayside Brisbane
Posts: 4,824
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
OK...our house is on the market at £239,950. ( a humble 4 bed new build in West Sussex, Im afraid!) We had an offer today from someone I am aquainted with through my church, she has nothing to sell as her boyfriend dumped her on Xmas day (classy). She initially offered 233,and we laughed. She then came back with 235 and we giggled. I said we wouldn't even think about taking less than 238. One of the main reasons Im thinking of declining is she came to see us when we were joint sole agency (ie 2%) but we have since sacked on eagent and are now on with only 1 for a flat fee of £2,500. If we accepted her offer, we would be down not only the £2k from the asking price but also another 2+k because of the higher fees we would have to pay as she initially viewed the house when we were on with 2 agents. (I hope this makes sense!) As we are still fairly young we have a massive mortgage and some debts to clear before we leave (I am a major shop-o-holic) so at full asking price, we would only have about £30k to take with us. What should we do?
All advice gratefully received!
All advice gratefully received!
Cheers
Ginny
Jan 27th 2006, 9:05 am
#26
bradford 2 brissy at last
Joined: Nov 2004
Posts: 575
Re: Had an offer today! What should we do? ADVICE PLS!
think yourself lucky we have lost £10 grand on ours!!! offer was well below asking price but i would rather have accepted that, than be hanging around for months and months until another buyer comes along.
if i were you, i would bite her hand off at that offer
regards
vb2
if i were you, i would bite her hand off at that offer
regards
vb2
Jan 27th 2006, 9:54 am
#27
In my own little world!
Joined: Mar 2005
Location: Sydney
Posts: 2,062
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by lucyb
Thanks so much for all of your replies! We are going to take the money and get packing. A bird in the hand and all that!
Lucy
x
Lucy
x
Nicky
Jan 27th 2006, 9:59 am
#28
Account Closed
Joined: Dec 2003
Posts: 2,375
Re: Had an offer today! What should we do? ADVICE PLS!
"SELL ... SELL ... SELL ..."
Originally Posted by lucyb
OK...our house is on the market at £239,950. ( a humble 4 bed new build in West Sussex, Im afraid!) We had an offer today from someone I am aquainted with through my church, she has nothing to sell as her boyfriend dumped her on Xmas day (classy). She initially offered 233,and we laughed. She then came back with 235 and we giggled. I said we wouldn't even think about taking less than 238. One of the main reasons Im thinking of declining is she came to see us when we were joint sole agency (ie 2%) but we have since sacked on eagent and are now on with only 1 for a flat fee of £2,500. If we accepted her offer, we would be down not only the £2k from the asking price but also another 2+k because of the higher fees we would have to pay as she initially viewed the house when we were on with 2 agents. (I hope this makes sense!) As we are still fairly young we have a massive mortgage and some debts to clear before we leave (I am a major shop-o-holic) so at full asking price, we would only have about £30k to take with us. What should we do?
All advice gratefully received!
All advice gratefully received!
Jan 27th 2006, 10:02 am
#29
BE Enthusiast
Joined: Oct 2005
Location: worcester uk
Posts: 369
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by robos
probably gonna be shot down in flames here but heh!
i have spoken to my wife about this and i firmly believe you should hold out for the maximum price that you can get. its ok people saying that you should take the money and sell rather than being stuck with an unsold house on your hands, but whats the problem? in our position we are in need of every penny we can get. also people think that they have you over a barrel in so much that they know that you are migrating and so think that you will take whatever they throw at you. stick with your gut feeling on this one, after all the extra money could finance your first couple of months when you move, when you are most vulnerable and most need it!!! thats what we will be doing, right or wrong, after all we plan so thoroughly all the way through the whole process, why panic and cave in on something as important as this. good luck gary & jan xxx
i have spoken to my wife about this and i firmly believe you should hold out for the maximum price that you can get. its ok people saying that you should take the money and sell rather than being stuck with an unsold house on your hands, but whats the problem? in our position we are in need of every penny we can get. also people think that they have you over a barrel in so much that they know that you are migrating and so think that you will take whatever they throw at you. stick with your gut feeling on this one, after all the extra money could finance your first couple of months when you move, when you are most vulnerable and most need it!!! thats what we will be doing, right or wrong, after all we plan so thoroughly all the way through the whole process, why panic and cave in on something as important as this. good luck gary & jan xxx
sorry to say this but it has to be said get REAL, you are cutting your nose to spite you face. if she say no and walks and you have to wait another 6 months how much is that going to cost in mortage payments (a lot more than 2K)
Jan 27th 2006, 10:34 am
#30
BE Enthusiast
Joined: Mar 2005
Location: Sutton Coldfield now beautiful Karalee
Posts: 530
Re: Had an offer today! What should we do? ADVICE PLS!
Originally Posted by jonjon
sorry to say this but it has to be said get REAL, you are cutting your nose to spite you face. if she say no and walks and you have to wait another 6 months how much is that going to cost in mortage payments (a lot more than 2K)
So good on you Lucy, you're definatley doing the right thing