should we sell our house ?
May 1st 2003, 6:38 pm
#1
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should we sell our house ?
My husband wants to sell up now while house prices are high and pay off our debts, put the rest of the money in an high intrest account and move us all in with his mum and dad :scared:
so we are ready if and when the visa arives and we can save our wages every month instead of spending it all out on bills.
I cant decide wether this is a good idea or not the thought of spending months with the out-laws is enough to drive me crazy but it does make sense money wise. our application went in on march 25th 03, so we have months of waiting ahead.
Does any body think it will be a good idea to sell up or should we wait !!
wombat
so we are ready if and when the visa arives and we can save our wages every month instead of spending it all out on bills.
I cant decide wether this is a good idea or not the thought of spending months with the out-laws is enough to drive me crazy but it does make sense money wise. our application went in on march 25th 03, so we have months of waiting ahead.
Does any body think it will be a good idea to sell up or should we wait !!
wombat
May 1st 2003, 6:51 pm
#2
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makes sense if you can handle the out laws but any money saved will be spent on marriage counciling:scared:
May 1st 2003, 6:54 pm
#3
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Re: should we sell our house ?
Originally posted by wombat
My husband wants to sell up now while house prices are high and pay off our debts, put the rest of the money in an high intrest account and move us all in with his mum and dad :scared:
so we are ready if and when the visa arives and we can save our wages every month instead of spending it all out on bills.
I cant decide wether this is a good idea or not the thought of spending months with the out-laws is enough to drive me crazy but it does make sense money wise. our application went in on march 25th 03, so we have months of waiting ahead.
Does any body think it will be a good idea to sell up or should we wait !!
wombat
My husband wants to sell up now while house prices are high and pay off our debts, put the rest of the money in an high intrest account and move us all in with his mum and dad :scared:
so we are ready if and when the visa arives and we can save our wages every month instead of spending it all out on bills.
I cant decide wether this is a good idea or not the thought of spending months with the out-laws is enough to drive me crazy but it does make sense money wise. our application went in on march 25th 03, so we have months of waiting ahead.
Does any body think it will be a good idea to sell up or should we wait !!
wombat
If the house market in your area is anything like ours is at the moment, I would suggest get it on the market as soon as possible. Our house has been on the market coming up for 4 months and all we've had through the door are a couple of time wasters. We only lodged our application at the end of Feb, so we do have time on our hands, but we are seriously concerned about the housing market. It just seems to have died around here (Essex countryside).
Our plans are that if we sell before the visa comes we will either rent or move in with family/friends.
Good luck in making the decision!
Hazel.
May 1st 2003, 7:02 pm
#4
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Originally posted by matt&sue
makes sense if you can handle the out laws but any money saved will be spent on marriage counciling:scared:
makes sense if you can handle the out laws but any money saved will be spent on marriage counciling:scared:
May 1st 2003, 7:08 pm
#5
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Re: should we sell our house ?
Originally posted by wombat
My husband wants to sell up now while house prices are high and pay off our debts, put the rest of the money in an high intrest account and move us all in with his mum and dad :scared:
so we are ready if and when the visa arives and we can save our wages every month instead of spending it all out on bills.
I cant decide wether this is a good idea or not the thought of spending months with the out-laws is enough to drive me crazy but it does make sense money wise. our application went in on march 25th 03, so we have months of waiting ahead.
Does any body think it will be a good idea to sell up or should we wait !!
wombat
My husband wants to sell up now while house prices are high and pay off our debts, put the rest of the money in an high intrest account and move us all in with his mum and dad :scared:
so we are ready if and when the visa arives and we can save our wages every month instead of spending it all out on bills.
I cant decide wether this is a good idea or not the thought of spending months with the out-laws is enough to drive me crazy but it does make sense money wise. our application went in on march 25th 03, so we have months of waiting ahead.
Does any body think it will be a good idea to sell up or should we wait !!
wombat
Hi Wombat
In reading other peoples posts and looking at my situation, it is much less stressful waiting for a visa as opposed to trying to sell the house whilst youve got your visa.
Put it up for sale !!
Also house prices are starting to fall
regards and good luck
Terry
May 1st 2003, 7:14 pm
#6
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Thanks to everyone that has replied, now my husband is going to say i told you it was a good idea :lecture:
May 1st 2003, 8:16 pm
#7
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Wombat, a word of caution.
You need to be fairly confident you are going to get your visa, and that you will go, regardless of any change in circumstances between now and then, otherwise you might find yourself back on the bottom rung.
Having said that, if you are willing to take that risk, now is good time to sell to maximise price, but market is already slowing.
We didn't sell till visa wsa in the pocket.
Good Luck
Mash...
PS your hubby will say I told you so regardless, that's what they do best
You need to be fairly confident you are going to get your visa, and that you will go, regardless of any change in circumstances between now and then, otherwise you might find yourself back on the bottom rung.
Having said that, if you are willing to take that risk, now is good time to sell to maximise price, but market is already slowing.
We didn't sell till visa wsa in the pocket.
Good Luck
Mash...
PS your hubby will say I told you so regardless, that's what they do best
Originally posted by wombat
Thanks to everyone that has replied, now my husband is going to say i told you it was a good idea :lecture:
Thanks to everyone that has replied, now my husband is going to say i told you it was a good idea :lecture:
May 1st 2003, 8:20 pm
#8
Rushwood, Thornlands, QLD
Joined: Feb 2003
Location: Thornlands,Bayside, Qld
Posts: 1,864
Hiya Everyone
As you know we have only just had our TRA back - but we have paid the agent half of their fees and then have begun the visa application.
What I want to know - When is it safe to put your house on the market???????? - we dont want to count our chickens before they are hatched!!!!!!!!!
Andy thought about putting the house on the market around Jan/Feb time - anyone have any view to this????????
Lisa
ps we will be moving in with my mum - must be mad!!!!!!!!!!
What I want to know - When is it safe to put your house on the market???????? - we dont want to count our chickens before they are hatched!!!!!!!!!
Andy thought about putting the house on the market around Jan/Feb time - anyone have any view to this????????
Lisa
ps we will be moving in with my mum - must be mad!!!!!!!!!!
Last edited by Boomie; May 1st 2003 at 8:26 pm.
May 1st 2003, 8:40 pm
#9
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Hi mash...
We have decided that if we get turned down for the visa we are going to sell up anyway and do something else, dont know what yet but we dont want to stick around here!
We have decided that if we get turned down for the visa we are going to sell up anyway and do something else, dont know what yet but we dont want to stick around here!
Originally posted by mashiraz
Wombat, a word of caution.
You need to be fairly confident you are going to get your visa, and that you will go, regardless of any change in circumstances between now and then, otherwise you might find yourself back on the bottom rung.
Having said that, if you are willing to take that risk, now is good time to sell to maximise price, but market is already slowing.
We didn't sell till visa wsa in the pocket.
Good Luck
Mash...
PS your hubby will say I told you so regardless, that's what they do best
Wombat, a word of caution.
You need to be fairly confident you are going to get your visa, and that you will go, regardless of any change in circumstances between now and then, otherwise you might find yourself back on the bottom rung.
Having said that, if you are willing to take that risk, now is good time to sell to maximise price, but market is already slowing.
We didn't sell till visa wsa in the pocket.
Good Luck
Mash...
PS your hubby will say I told you so regardless, that's what they do best
May 1st 2003, 8:54 pm
#10
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Posts: 315
We are in the same boat. Had confirmation that our visa application had been received 14th April 2003.
Put our house on the market last week, no interest as of yet!
We will move in with the parents as soon as its sold.
The more money we can save this side the better.
We have got to give it our all, if we aren't successful at least we will have saved extra money for a bigger house here.
cheers
Karen and Andy
Put our house on the market last week, no interest as of yet!
We will move in with the parents as soon as its sold.
The more money we can save this side the better.
We have got to give it our all, if we aren't successful at least we will have saved extra money for a bigger house here.
cheers
Karen and Andy
May 1st 2003, 9:21 pm
#11
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Not a bad thought...
We said we'd never sell our house ever, EXCEPT if we definitely went to oz. Now it's sold, we have been thinking, actually what else could we do if we stayed here with all this dosh. Useful argument with ourselves but still came to the conclusion we're going to oz to give it a go. We can always come back alot more open minded to oppportunities.
I think it was a fear of change kept us clinging to the house. However it's just a house afterall...
Mash...
We said we'd never sell our house ever, EXCEPT if we definitely went to oz. Now it's sold, we have been thinking, actually what else could we do if we stayed here with all this dosh. Useful argument with ourselves but still came to the conclusion we're going to oz to give it a go. We can always come back alot more open minded to oppportunities.
I think it was a fear of change kept us clinging to the house. However it's just a house afterall...
Mash...
Originally posted by wombat
Hi mash...
We have decided that if we get turned down for the visa we are going to sell up anyway and do something else, dont know what yet but we dont want to stick around here!
Hi mash...
We have decided that if we get turned down for the visa we are going to sell up anyway and do something else, dont know what yet but we dont want to stick around here!
May 2nd 2003, 6:41 pm
#12
Rushwood, Thornlands, QLD
Joined: Feb 2003
Location: Thornlands,Bayside, Qld
Posts: 1,864
Hiya
Wombat - have you decided what you are gonna do re the house???????
Lisa
Lisa
May 2nd 2003, 6:58 pm
#13
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Location: Brisbane
Posts: 275
Re: Hiya
Originally posted by Boomerang
Wombat - have you decided what you are gonna do re the house???????
Lisa
Wombat - have you decided what you are gonna do re the house???????
Lisa
After a sleepless night i have decided to sell it now :scared:
My father inlaw said today "if your living in my house its my rules !! there will be no more coming in at 3 am drunk every weekend like you do now !"
Oh my god , living with them is going to drive me to drink
The mother in law is overjoyed at the thought of the grandkids living there and the chance to try and brainwash us into not going 24 hours a day !!
My mum offered us £15,000 not to go today, i told her we will take the money and go any way
Any way we are having the house valued next week and then its up for sale!
thanks everyone for the advice
lucy
May 2nd 2003, 7:04 pm
#14
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Posts: 7,613
To anyone thinking of selling their UK house: I suggest you take a look through the best online resource I have found which will probably channel your thinking in terms of sale strategy (realistic pricing etc). It's on the Motley Fool site, www.fool.co.uk - check out the folder Investors' Roundtable / Property - Markets and Trends (maybe here's a URL http://boards.fool.co.uk/Messages.as...02&mid=7874803 ). You need to reguister - free of charge.
In short - sell at realistic price ASAP to get best price before the imminent crash.
Cheers - Don
In short - sell at realistic price ASAP to get best price before the imminent crash.
Cheers - Don
May 2nd 2003, 7:21 pm
#15
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Originally posted by pleasancefamily
To anyone thinking of selling their UK house: I suggest you take a look through the best online resource I have found which will probably channel your thinking in terms of sale strategy (realistic pricing etc). It's on the Motley Fool site, www.fool.co.uk - check out the folder Investors' Roundtable / Property - Markets and Trends (maybe here's a URL http://boards.fool.co.uk/Messages.as...02&mid=7874803 ). You need to reguister - free of charge.
In short - sell at realistic price ASAP to get best price before the imminent crash.
Cheers - Don
To anyone thinking of selling their UK house: I suggest you take a look through the best online resource I have found which will probably channel your thinking in terms of sale strategy (realistic pricing etc). It's on the Motley Fool site, www.fool.co.uk - check out the folder Investors' Roundtable / Property - Markets and Trends (maybe here's a URL http://boards.fool.co.uk/Messages.as...02&mid=7874803 ). You need to reguister - free of charge.
In short - sell at realistic price ASAP to get best price before the imminent crash.
Cheers - Don
wombat