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-   -   Anyone sold their house ? (https://britishexpats.com/forum/maple-leaf-98/anyone-sold-their-house-659876/)

pollyb Mar 18th 2010 2:14 pm

Re: Anyone sold their house ?
 
Hi, we have just sold our house in England, been on market for about 3 months. Very quiet before Xmas but is picking up. Our house is a 4 bedroomed detached, so bigger ones are selling. We did have to drop price. Your house will sell soon i am sure.

johnh009 Mar 18th 2010 2:59 pm

Re: Anyone sold their house ?
 

Originally Posted by Coffeepot (Post 8427339)
Just wondering as you do, has anyone sold there house in the past few weeks, also are there many viewers out there :unsure:

Only had 1 couple to view a few weeks ago and nothing since,
The estate agent said its all gone quiet again :blink: ( you mean there was a time when it was busy )

We have been on the market for about 4 months, have reduced the house by £40,000 and still nothing,

Agent did say it will pick up in a couple of weeks, so lets hope he is right :D
There are lots of first time homes being sold but not bigger homes :(
We did think about doing an open house at Easter, but the agents don't think thats a good idea, said we will just get nosy people and no real buyers :blink:

Did think about offering a gardener and cleaner with the house for a year ?
( sure OH won't mind me offering his services for a year ) :rofl:

Any ideas ( besides Oink ) would be appreciated ;)

Given the exchange rate, would it not be better to rent it out anyway? Or market it internationally:

http://www.thisismoney.co.uk/mortgag...1&in_page_id=8

Coffeepot Mar 18th 2010 8:42 pm

Re: Anyone sold their house ?
 

Originally Posted by pollyb (Post 8429740)
Hi, we have just sold our house in England, been on market for about 3 months. Very quiet before Xmas but is picking up. Our house is a 4 bedroomed detached, so bigger ones are selling. We did have to drop price. Your house will sell soon i am sure.

Thats good news, congrats on selling :thumbsup:


Originally Posted by johnh009 (Post 8429832)
Given the exchange rate, would it not be better to rent it out anyway? Or market it internationally:

http://www.thisismoney.co.uk/mortgag...1&in_page_id=8

Thanks johnh
Did think about this and even if we sell we won't move the money over untill its a better rate, also got to consider how much agents are and the cost to repaint/ carpets ( they are all cream ) :eek: also got to consider the mortgage if for some reason the house is empty or you don't get your rent,

We would have to come back to sell at some point ?
Better to sell asap, for us anyway, for others that can i think renting is a great idea, also i remember reading something about having to pay tax in Canada if you have a property rental here.

johnh009 Mar 18th 2010 11:52 pm

Re: Anyone sold their house ?
 

Originally Posted by Coffeepot (Post 8430542)
Thats good news, congrats on selling :thumbsup:



Thanks johnh
Did think about this and even if we sell we won't move the money over untill its a better rate, also got to consider how much agents are and the cost to repaint/ carpets ( they are all cream ) :eek: also got to consider the mortgage if for some reason the house is empty or you don't get your rent,

We would have to come back to sell at some point ?
Better to sell asap, for us anyway, for others that can i think renting is a great idea, also i remember reading something about having to pay tax in Canada if you have a property rental here.

This is another long story, but, in Canada, you are taxed on your World-wide income (same as the UK) and that includes rent received. There is a dual taxation agreement with the UK so you will not be taxed twice. You just pay tax where you are resident.

Coffeepot Mar 19th 2010 8:09 am

Re: Anyone sold their house ?
 

Originally Posted by johnh009 (Post 8430945)
This is another long story, but, in Canada, you are taxed on your World-wide income (same as the UK) and that includes rent received. There is a dual taxation agreement with the UK so you will not be taxed twice. You just pay tax where you are resident.



Cheers for the info john, I am cleaning windows today and gardening and staying positive that we will actually get some viewers at some stage :D

Good luck this weekend for all those trying to sell

Sal_Lee Mar 19th 2010 10:06 am

Re: Anyone sold their house ?
 
We are moving to Alberta in June :thumbsup:

We put our detacthed bungalow up for sale at the end of December, we have sold to cash buyers and should complete in 5 - 7 weeks :fingerscrossed:

We would have loved to keep the house and rent but didn't want the hassle of managing it from overseas. Also my parents live next door and was concerned that It would be left to them if there were any problems

Coffeepot Mar 19th 2010 10:48 am

Re: Anyone sold their house ?
 

Originally Posted by Sal_Lee (Post 8431866)
We are moving to Alberta in June :thumbsup:

We put our detacthed bungalow up for sale at the end of December, we have sold to cash buyers and should complete in 5 - 7 weeks :fingerscrossed:

We would have loved to keep the house and rent but didn't want the hassle of managing it from overseas. Also my parents live next door and was concerned that It would be left to them if there were any problems

Good luck with the sale and the move, great to hear some positive news :thumbsup:

heidi40 Mar 19th 2010 6:03 pm

Re: Anyone sold their house ?
 
As you might know our house has been in the market over two years now. reduced the price over £70,000. Three buyers and at some stage they pulled out. Third one actually pulled out yesterday after over bidding the other buyer and offered the asking price. Can't believe some people:frown:.
Renting is our last option if it doesn't sell until July. But as you all said We rather sell it and not worry about the maintenance anymore.
Good Luck to all of you guys.

Gaz67 Mar 19th 2010 7:23 pm

Re: Anyone sold their house ?
 
We put our house on the market around 6 weeks ago , the first week we had 6 viewers and one offer the 2nd week 3 viewers and 1 offer.

Since then we have had around 5 other viewers another 2 didnt bother to turn up :sneaky:

But we decided not to accept any offers with the fall in exchange rates and we have a really low tracker mortgage so decided to rent out instead and keep house as our future pension.

Good luck with everyone selling

Gaz

Coffeepot Mar 19th 2010 9:43 pm

Re: Anyone sold their house ?
 

Originally Posted by heidi40 (Post 8432885)
As you might know our house has been in the market over two years now. reduced the price over £70,000. Three buyers and at some stage they pulled out. Third one actually pulled out yesterday after over bidding the other buyer and offered the asking price. Can't believe some people:frown:.
Renting is our last option if it doesn't sell until July. But as you all said We rather sell it and not worry about the maintenance anymore.
Good Luck to all of you guys.

Sorry to hear that, so frustrating and upsetting, wonder if the other bidder would still be interested ? hope you sell soon :thumbsup:


Originally Posted by Gaz67 (Post 8432999)
We put our house on the market around 6 weeks ago , the first week we had 6 viewers and one offer the 2nd week 3 viewers and 1 offer.

Since then we have had around 5 other viewers another 2 didnt bother to turn up :sneaky:

But we decided not to accept any offers with the fall in exchange rates and we have a really low tracker mortgage so decided to rent out instead and keep house as our future pension.

Good luck with everyone selling

Gaz

I would worry about the mortgage rates going up, but everyone has to decide for themselves, good luck with whatever you decide to do :D

At least you had some viewings ;)

bodgerx Mar 19th 2010 9:53 pm

Re: Anyone sold their house ?
 
A house that will not sell is a house that is over-priced for the market. Pure and simple.

drivemel2 Mar 20th 2010 7:17 am

Re: Anyone sold their house ?
 
We put our house on the market yesterday and have seen 'Under offer' and 'Sold signs which is encouraging.
We were told that buyers are ignoring houses that have been for sale since last year, perhaps because the prices aren't realistic for todays market, but they are viewing houses recently listed. We don't want to rent for the same reasons as everybody else. :fingerscrossed:everbody

Lorna999 Mar 20th 2010 9:20 am

Re: Anyone sold their house ?
 
Hi Coffee pot.... in the same boat just now. We are getting quite a few folk through the door, and they all seem keen and say how lovely the house is etc etc.. then don't hear a peep back from them. Our house is up for below market value, in a desirable area etc... but still nothing. I start every weekend with such high hopes....:( We need to sell before we move to release our capital. Renting is not an option for us.
Good luck and keep us posted. If we don't sell soon, our hands will have disolved with all the cleaning fluids/bleach etc:eek:

Coffeepot Mar 20th 2010 9:34 am

Re: Anyone sold their house ?
 

Originally Posted by Lorna999 (Post 8434112)
Hi Coffee pot.... in the same boat just now. We are getting quite a few folk through the door, and they all seem keen and say how lovely the house is etc etc.. then don't hear a peep back from them. Our house is up for below market value, in a desirable area etc... but still nothing. I start every weekend with such high hopes....:( We need to sell before we move to release our capital. Renting is not an option for us.
Good luck and keep us posted. If we don't sell soon, our hands will have disolved with all the cleaning fluids/bleach etc:eek:

:rofl: I think i have shares in Tesco cleaning dept ;)
At least you are getting them through the door :thumbsup:

The daffodills are out now, the willow tree ( thats bigger than the house ) is just coming into life, so all is looking more spring like here which should help with selling, we have just under an acre of land here so lots of mowing and weeding for us this week, I cleaned the windows yesterday ( some of them ) and of course made it rain :frown:

I have noticed at the DIY stores lots of people buying paint and stuff its that time of year, This is when people ( hopefully ) want a change and decide on buying a bigger house ( MINE ) ;)
The market will improve, things are picking up all over, i think people are just scarred to commit at the moment to any big new purchases.

All we can do is clean and wait :fingerscrossed:

marimac Mar 20th 2010 3:30 pm

Re: Anyone sold their house ?
 
Our flat has been on the market for about 7 weeks now - and we've only had 3 viewers so far, which I think is pretty disappointing. We had one offer, but it was £15k below the asking price. :ohmy:

I'm hoping that it will pick up over Easter?

The constant cleaning is driving me nuts too!


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