Fly Away

They are trying to freak you out hun. Just wait and see what their offer is.......

Good luck SC - that sounds really promising. Just keep plugging away - having viewings is a good sign.

PMSL.

nickywes

Bloody nutter you

ellejayh

Just thought I'd hijack this thread! We put our house up for sale today! We are in the very early stages of applying for a visa, ie. OH is just putting together his references to go through the ACS for a PR visa, but with the way the housing market is going we thought we'd go for it now, not sure if it's the right thing but i suppose you never do. Crystal ball please?!! Not sure in what order others are doing things?

sunflower7

Hi ellejayh
I too am putting my house on the market this week, its all a bit daunting knowing where to start the price at and what agent to go with. Trying to be realistic as don't want to wait for ages to sell, esp after reading peoples experiences.
ooo ahhh for a crystal ball although they reckon prices will drop more before they get better. The market may take a while to recover, unless something dramatic happens....

Giantaxe

Expect to wait a long long time for the market to turn around, imo. We've just had the most unprecedented run up in prices _ever_ and houses are completely out of whack with historic norms versus incomes. Because of land constraints, I doubt things will get as bad as some areas over here in the US, but even so I can well see this mess taking years to play out. Can't say I envy anyone trying to sell at the moment in the UK, especially with its ridiculous system of buying/selling that essentially allows buyers in a strong down market and sellers in a strong up market to blackmail the other party all the way to exchange of contracts.

Giantaxe

Yes, in general I think that's true. "Comps", i.e. comparative sales in the last few months, are pretty much standard in setting a sales price, although of course a seller can put the house up for sale for any price they choose. I suspect a bigger difference is that the system of buying/selling is so different in that you make an offer subject to contingencies (financing, inspections etc) and those contingencies will usually have a set time specified in the offer to be removed. Additionally, people seem more willing to more into temporary rentals. So chains are pretty rare, gazumping impossible once contingencies have been removed etc. All in all the process lends itself to a more efficient market, imo, which is really invaluable at times like the present.

nickywes

Lets hope you get some buyers interested pretty soon

Hi there - It is tough being a seller at the moment but the one big thing that I would suggest is don't go in too high right from the beginning. We have now dropped 120k and wish we had priced it lower at first, may have sold by now. Who knows what is best though

The UK needs more guidelines with house selling and buying. It is too easy to string people along until exchange and then just pull out, there have to be some safeguards.

daunted

hi - yes we are all very happy that we made the right decision and Australia is now our home. I am currently experiencing the ups and downs of buying a house now, there has been a big cock up somewhere along hte line and is now a chance i could be sued for breach of contract all cos SOMEONE (they all blaming each other) filed the papers wrong!! :curse: Am just keeping my fingers crossed now that they sort it out sooner rather than later - combined with a bout of flu for the first time in my life and i am feeling pretty stressed right now

Geeeeeeeeee I wouldnt know where to start - so much has been happening BUT we are happy. My blog address is at teh bottom of my signature, emil me and i will send you the password

Hi honey - Glad to see things are moving at long last with your house. You must be wondering if it is all a dream i am sure. Will keep everything crossed for a quick stress free completion

ellejayh

Hi Sunflower7,
Yes I totally agree that prices look like they're dropping before they will get any better, we really invested in this property too to get some money to take to Oz with us, so I think realistically even if for some horrible reason we don't get a visa, we would still be ok to take a step off the property ladder for the time being.
I also agree with Nickywes about not going in too high, there are so few buyers out there that you really need to go in with a competitive price in order to grab their attention,which is a shame thinking about how much we could have got last year, I suppose we just need to hope we can eventually bag a bargain on the other side of the world
How far along in the visa process are you? Whereabouts are you thinking of going?

Sally Simpson

Thanks for the good luck wishes folks!
Todays viewers are coming back again this evening
I'm staying at work & letting OH get on with it. Not sure what he is bribing the kids with though

Cleopatra

Be very afraid - the kids end up hyper after the OH has bribed my kids.


Good luck hun xx

Sally Simpson

Mine are hyper to start with
Thanks hon!
How are you today? Feeling better?

JenniGee

Well? WELL???

Fly Away

Yes - WELL???

Sally Simpson

Apparently they are very interested & will be contacting the EA first thing!
We'll see