Anyone sold house to a quick buy company'
Feb 19th 2008, 8:14 am
#16
BE Forum Addict
Joined: Aug 2006
Location: Mount Martha
Posts: 1,112
Re: Anyone sold house to a quick buy company'
Hi ya ,
well we ar 2 adults and 1 5 yr old. we too r heading to mornington !!!!!! how lovelydoes it look . my friend has lived there for over 2 yrs now and loves it. we have looked at mount martha mount eliza ideally though mornington nr to tina would be nice. we are hoping to head out may time , heading for tina first sort out a rental then do a bit of travelling for a good few weeks. if u like we could meet up when we get there for a coffee.
Diane xx
well we ar 2 adults and 1 5 yr old. we too r heading to mornington !!!!!! how lovelydoes it look . my friend has lived there for over 2 yrs now and loves it. we have looked at mount martha mount eliza ideally though mornington nr to tina would be nice. we are hoping to head out may time , heading for tina first sort out a rental then do a bit of travelling for a good few weeks. if u like we could meet up when we get there for a coffee.
Diane xx
coffee would be FAB, looks like we are heading in the same direction
Keep in touch with dates etcTracy
Feb 19th 2008, 8:43 am
#17
Forum Regular
Thread Starter
Joined: Jul 2007
Location: Living in Mornington Melbourne !!!!
Posts: 267
Re: Anyone sold house to a quick buy company'
, added u to buddy list. another gal is going to mornington april time cheryl she's on ''do we rent our house out thread'. will let u know when booked flights. i'm soooo excited bout it all. well off to watch 'lost' b4 bed. lol taped it. sad eh.Diane xxxx
Feb 19th 2008, 8:46 am
#18
Australia's Doorman
Joined: Jan 2005
Location: The Shoalhaven, New South Wales, Australia
Posts: 11,056
Re: Anyone sold house to a quick buy company'
Losing out on 20% of the value of your house is just crazy. I remember all too well the frustration of trying to get a house to sell ... but everything sells eventually and ultimately does it really matter if your emigration is pushed back by a year? Australia isn't going anywhere and with interest rates the way they are here, you'll be losing out on a serious wedge of cash that will come in *very* handy during that early arrival stage.
Feb 19th 2008, 9:06 am
#19
In Perth & Loving it...
Joined: Feb 2008
Location: Perth, Western Australia
Posts: 539
Feb 19th 2008, 5:03 pm
#20
BE Enthusiast
Joined: Apr 2007
Location: In A Much Happier Place Now !!
Posts: 652
Re: Anyone sold house to a quick buy company'
Losing out on 20% of the value of your house is just crazy. I remember all too well the frustration of trying to get a house to sell ... but everything sells eventually and ultimately does it really matter if your emigration is pushed back by a year? Australia isn't going anywhere and with interest rates the way they are here, you'll be losing out on a serious wedge of cash that will come in *very* handy during that early arrival stage.
I have to agree with you on this one.
Donna.
Feb 19th 2008, 5:11 pm
#21
BE Enthusiast
Joined: Oct 2006
Location: In the hilly bit around Perth WA :)
Posts: 814
Re: Anyone sold house to a quick buy company'
Waited nearly 2 years for mine to sell - had enough so put it to auction. Sold on the night there and then and I had fat cheque in my hand 2 weeks later.
Yes I took a hit - but for me and my circumstances it suited well.
Yes I took a hit - but for me and my circumstances it suited well.
Feb 19th 2008, 9:00 pm
#22
Forum Regular
Thread Starter
Joined: Jul 2007
Location: Living in Mornington Melbourne !!!!
Posts: 267
Re: Anyone sold house to a quick buy company'
Losing out on 20% of the value of your house is just crazy. I remember all too well the frustration of trying to get a house to sell ... but everything sells eventually and ultimately does it really matter if your emigration is pushed back by a year? Australia isn't going anywhere and with interest rates the way they are here, you'll be losing out on a serious wedge of cash that will come in *very* handy during that early arrival stage.
i understand what u r saying, but house prices are dropping fast here and rising in oz. so its a bit of a no win situation. i think it depends on what u want in life. we have waited a long time for this move already, as long as we get our money back we put into the house we ar e okay with that.
someone else mentioned an auction, u can put a cap on tha base though cant u so u dont get less than u want.
Diane xx
Feb 19th 2008, 9:18 pm
#23
In Perth & Loving it...
Joined: Feb 2008
Location: Perth, Western Australia
Posts: 539
Re: Anyone sold house to a quick buy company'
Hi ya,
i understand what u r saying, but house prices are dropping fast here and rising in oz. so its a bit of a no win situation. i think it depends on what u want in life. we have waited a long time for this move already, as long as we get our money back we put into the house we ar e okay with that.
someone else mentioned an auction, u can put a cap on tha base though cant u so u dont get less than u want.
Diane xx
i understand what u r saying, but house prices are dropping fast here and rising in oz. so its a bit of a no win situation. i think it depends on what u want in life. we have waited a long time for this move already, as long as we get our money back we put into the house we ar e okay with that.
someone else mentioned an auction, u can put a cap on tha base though cant u so u dont get less than u want.
Diane xx
Darren
Feb 19th 2008, 10:24 pm
#24
BE Forum Addict
Joined: Apr 2005
Location: Western burbs, Melbourne
Posts: 2,260
Re: Anyone sold house to a quick buy company'
surely another option is to sell it yourselves for 10pct under the valuation....anyone would see it was a good buy (if valuation is reasonable) and so would sell more quickly than a highly priced prop.
....and I think Melb prices will start to taper off before too long
....and I think Melb prices will start to taper off before too long
Feb 19th 2008, 10:37 pm
#25
Make it happen!!!!
Joined: Mar 2007
Location: Little Mountain, Sunshine Coast, Queensland
Posts: 3,008
Re: Anyone sold house to a quick buy company'
We've been on the market for 10 months now, originally at £200k.......reduced several times and changed estate agents 3 times.
Currently at £169,995 with only 1 viewing so far :curse:
Have a lovely semi-detatched new build with 5 bedrooms......nothing needs to be done, new owner could just move in.
Bought it for £150k 2 years ago........so not much equity anyway.
One of those home buying companies has just offered us £146,300
Rang an auction house who said we should set the reserve at £135k
So def not going down the auction route!!!
Waiting for another home buying company to get back to us today to see what they can offer us. If we get over £150k then we may just take their offer and run....LOL
Beth x x
Currently at £169,995 with only 1 viewing so far :curse:
Have a lovely semi-detatched new build with 5 bedrooms......nothing needs to be done, new owner could just move in.
Bought it for £150k 2 years ago........so not much equity anyway.
One of those home buying companies has just offered us £146,300
Rang an auction house who said we should set the reserve at £135k
So def not going down the auction route!!!
Waiting for another home buying company to get back to us today to see what they can offer us. If we get over £150k then we may just take their offer and run....LOL
Beth x x
Feb 19th 2008, 10:40 pm
#26
BE Forum Addict
Joined: Aug 2006
Location: Mount Martha
Posts: 1,112
Re: Anyone sold house to a quick buy company'
Thank goodness for that
Tracy
Feb 21st 2008, 8:51 am
#27
Forum Regular
Thread Starter
Joined: Jul 2007
Location: Living in Mornington Melbourne !!!!
Posts: 267
Re: Anyone sold house to a quick buy company'
well,
just to say rang a few of these companies today, had house valued last week at £235k . one company said how much mortgege u got told him then he said thats what i'l give u, well cant write what i said.lol.
second one offered 75% and then my last call said if i had some property on the side or back of house to build i'd get 100% , offered me £195k so was impressed with them actually. so not sure what we doing. think might get on mkt ths week coming and test water if not gone in 2 months sell to company.
my oh said we will prob get knocked down then pay estates and sols so might be worth going with the last call.
any ideas
Diane x
just to say rang a few of these companies today, had house valued last week at £235k . one company said how much mortgege u got told him then he said thats what i'l give u, well cant write what i said.lol.
second one offered 75% and then my last call said if i had some property on the side or back of house to build i'd get 100% , offered me £195k so was impressed with them actually. so not sure what we doing. think might get on mkt ths week coming and test water if not gone in 2 months sell to company.
my oh said we will prob get knocked down then pay estates and sols so might be worth going with the last call.
any ideas
Diane x
Feb 21st 2008, 9:05 am
#28
BE Forum Addict
Joined: Aug 2006
Location: Mount Martha
Posts: 1,112
Re: Anyone sold house to a quick buy company'
well,
just to say rang a few of these companies today, had house valued last week at £235k . one company said how much mortgege u got told him then he said thats what i'l give u, well cant write what i said.lol.
second one offered 75% and then my last call said if i had some property on the side or back of house to build i'd get 100% , offered me £195k so was impressed with them actually. so not sure what we doing. think might get on mkt ths week coming and test water if not gone in 2 months sell to company.
my oh said we will prob get knocked down then pay estates and sols so might be worth going with the last call.
any ideas
Diane x
just to say rang a few of these companies today, had house valued last week at £235k . one company said how much mortgege u got told him then he said thats what i'l give u, well cant write what i said.lol.
second one offered 75% and then my last call said if i had some property on the side or back of house to build i'd get 100% , offered me £195k so was impressed with them actually. so not sure what we doing. think might get on mkt ths week coming and test water if not gone in 2 months sell to company.
my oh said we will prob get knocked down then pay estates and sols so might be worth going with the last call.
any ideas
Diane x
Only you can decide this one, £40K under valuation is a lot
, the market does seem to be picking up, apparently, we are heading towards spring when we should see more movement also. Sols and EA will cost you approx £5K, and yes you will get knocked down, but not necessarily by £35K. What if you agreed £15K less than asking price you would have an extra £20K and that is just over $40K Oz dollars Personally I would test the waters for a couple of months, but that is me and as I have said only you can decide.
Good Luck with this one
Tracy
Feb 23rd 2008, 2:03 am
#29
mmmmmm duff
Joined: May 2006
Location: Maudsland, Gold Coast, QLD
Posts: 1,629
Re: Anyone sold house to a quick buy company'
Just contacted 2 companies, so i'll let you know the outcome when they get back to me....
Feb 23rd 2008, 11:48 pm
#30
In Perth & Loving it...
Joined: Feb 2008
Location: Perth, Western Australia
Posts: 539
Re: Anyone sold house to a quick buy company'
well,
just to say rang a few of these companies today, had house valued last week at £235k . one company said how much mortgege u got told him then he said thats what i'l give u, well cant write what i said.lol.
second one offered 75% and then my last call said if i had some property on the side or back of house to build i'd get 100% , offered me £195k so was impressed with them actually. so not sure what we doing. think might get on mkt ths week coming and test water if not gone in 2 months sell to company.
my oh said we will prob get knocked down then pay estates and sols so might be worth going with the last call.
any ideas
Diane x
just to say rang a few of these companies today, had house valued last week at £235k . one company said how much mortgege u got told him then he said thats what i'l give u, well cant write what i said.lol.
second one offered 75% and then my last call said if i had some property on the side or back of house to build i'd get 100% , offered me £195k so was impressed with them actually. so not sure what we doing. think might get on mkt ths week coming and test water if not gone in 2 months sell to company.
my oh said we will prob get knocked down then pay estates and sols so might be worth going with the last call.
any ideas
Diane x
Could you PM me the details of the company that you mentioned above that would offer uup to 100%. We have Outline Planning Permission for 2 x Apartments on our property. May help to secure a better price if it comes to using one of these companies.
Regards,
Darren
