Whinging Pom House seller (The Continuation)
#1021
Just Joined
Joined: Jul 2008
Posts: 27
Re: Whinging Pom House seller (The Continuation)
http://britishexpats.com/forum/printthread.php?t=294818
There is always hope, have faith!
#1022
Re: Whinging Pom House seller (The Continuation)
Thank you, I hope it is over soon too. I thought the visa process was bad but nothing until house selling. Are you enjoying yourself?
#1023
BE Enthusiast
Joined: Jun 2007
Location: Berkshire -> Adelaide
Posts: 863
Re: Whinging Pom House seller (The Continuation)
so how are things with you?
do tell!! we all want to hear the details ....
#1024
Re: Whinging Pom House seller (The Continuation)
I'm still here as are Dinky and Suart and poor old Eddie who started it all. However, I have accepted an offer on my house - so hopefully won't be whinging for oo much longer. Although I will keep you other WPHS company for as long as you need it.
#1025
Re: Whinging Pom House seller (The Continuation)
Well if you look at this thread from 2005, people were having similar problems selling their house, and thought the market was dead, but things worked out in the end.
http://britishexpats.com/forum/printthread.php?t=294818
There is always hope, have faith!
http://britishexpats.com/forum/printthread.php?t=294818
There is always hope, have faith!
#1026
Re: Whinging Pom House seller (The Continuation)
Not a dickie bird - I think he's glued to the tv watching Wimbledon to be honest - had an email from him this morning, but it was mostly tennis-related stuff He's probably shattered, bless him
#1027
Re: Whinging Pom House seller (The Continuation)
I'm hoping this change works in our favour, but you can never tell. the Augusts are getting loads of visas today and the Octs / Novs are getting some - so things are moving at last.
#1028
Re: Whinging Pom House seller (The Continuation)
So if they're granting some from November even, were does that leave us May-be's do you reckon? I'm thinking CO around September time, with a potential grant in February - would that sound right to you?
#1029
Re: Whinging Pom House seller (The Continuation)
That's the big question hun. Logically you should be 6 months behind them - but if there aren't as many staff etc, processing might go slower than ever. We don't have a CO and we are the first week of Jan. I don't expect a CO til the end of July at the earliest. As we front loaded we should get the visa quickly after that. (Touch wood) So I'd CO in Oct for you... I am trying to keep my expectations down as they have been dashed before.
#1030
Re: Whinging Pom House seller (The Continuation)
Had a couple who came for a 2nd viewing last night
1st thing the hubby said to me was "The housing market is getting worse you know? If you don't sell now your house will be worth 30% less this time next year!" As if I don't know that :curse:
Not sure if he was just saying that to see my reaction but I just replied saying "well if it doesn't sell we'll just take it off the market & wait it out!"
They do seem really interested but with him saying that I think if they do put an offer in its gonna be a stupid one
I don't wanna give my house away, we've already dropped it by 25K, 5K of that was the day they 1st viewed! I just wanna get to Oz & get on with my life now :curse:
1st thing the hubby said to me was "The housing market is getting worse you know? If you don't sell now your house will be worth 30% less this time next year!" As if I don't know that :curse:
Not sure if he was just saying that to see my reaction but I just replied saying "well if it doesn't sell we'll just take it off the market & wait it out!"
They do seem really interested but with him saying that I think if they do put an offer in its gonna be a stupid one
I don't wanna give my house away, we've already dropped it by 25K, 5K of that was the day they 1st viewed! I just wanna get to Oz & get on with my life now :curse:
#1031
Just Joined
Joined: Mar 2008
Posts: 29
Re: Whinging Pom House seller (The Continuation)
For example on a £100,000 house (where such houses exist at that price) if it fell back 30% = £70,000. You'd then need to wait out for a recovery gain of around 43% to get back to £100,000.
If house prices fall say 50%, you'd need a whacking 100% gain to get back to where you were before.
That is the harsh reality of house price falls unfortunately. I can't afford to wait it out.
#1032
Re: Whinging Pom House seller (The Continuation)
Had a couple who came for a 2nd viewing last night
1st thing the hubby said to me was "The housing market is getting worse you know? If you don't sell now your house will be worth 30% less this time next year!" As if I don't know that :curse:
Not sure if he was just saying that to see my reaction but I just replied saying "well if it doesn't sell we'll just take it off the market & wait it out!"
They do seem really interested but with him saying that I think if they do put an offer in its gonna be a stupid one
I don't wanna give my house away, we've already dropped it by 25K, 5K of that was the day they 1st viewed! I just wanna get to Oz & get on with my life now :curse:
1st thing the hubby said to me was "The housing market is getting worse you know? If you don't sell now your house will be worth 30% less this time next year!" As if I don't know that :curse:
Not sure if he was just saying that to see my reaction but I just replied saying "well if it doesn't sell we'll just take it off the market & wait it out!"
They do seem really interested but with him saying that I think if they do put an offer in its gonna be a stupid one
I don't wanna give my house away, we've already dropped it by 25K, 5K of that was the day they 1st viewed! I just wanna get to Oz & get on with my life now :curse:
You do realise the maths for "waiting it out" doesn't work as neatly?
For example on a £100,000 house (where such houses exist at that price) if it fell back 30% = £70,000. You'd then need to wait out for a recovery gain of around 43% to get back to £100,000.
If house prices fall say 50%, you'd need a whacking 100% gain to get back to where you were before.
That is the harsh reality of house price falls unfortunately. I can't afford to wait it out.
For example on a £100,000 house (where such houses exist at that price) if it fell back 30% = £70,000. You'd then need to wait out for a recovery gain of around 43% to get back to £100,000.
If house prices fall say 50%, you'd need a whacking 100% gain to get back to where you were before.
That is the harsh reality of house price falls unfortunately. I can't afford to wait it out.
#1033
Re: Whinging Pom House seller (The Continuation)
Had a couple who came for a 2nd viewing last night
1st thing the hubby said to me was "The housing market is getting worse you know? If you don't sell now your house will be worth 30% less this time next year!" As if I don't know that :curse:
Not sure if he was just saying that to see my reaction but I just replied saying "well if it doesn't sell we'll just take it off the market & wait it out!"
They do seem really interested but with him saying that I think if they do put an offer in its gonna be a stupid one
I don't wanna give my house away, we've already dropped it by 25K, 5K of that was the day they 1st viewed! I just wanna get to Oz & get on with my life now :curse:
1st thing the hubby said to me was "The housing market is getting worse you know? If you don't sell now your house will be worth 30% less this time next year!" As if I don't know that :curse:
Not sure if he was just saying that to see my reaction but I just replied saying "well if it doesn't sell we'll just take it off the market & wait it out!"
They do seem really interested but with him saying that I think if they do put an offer in its gonna be a stupid one
I don't wanna give my house away, we've already dropped it by 25K, 5K of that was the day they 1st viewed! I just wanna get to Oz & get on with my life now :curse:
Good luck & hope you get an offer
We have another viewing tomorrow afternoon. The people who came back on Monday will give us a decision by the end of the week.....I'm not sure that sounds very hopeful
#1034
Re: Whinging Pom House seller (The Continuation)
Good luck for both of them sally, you never know
#1035
Re: Whinging Pom House seller (The Continuation)
What are you doing out of the Arcade???? Get back