how many making move
#16
Forum Regular
Joined: Jul 2008
Posts: 153
Re: how many making move
Have to disagree here Bil. Houses have been on sale in our area for months with no sale and many have either reduced or gone for fixed price. I have been in touch with our estate agent to ask about reducing or going for a fixed price and was told at the moment it won't make a difference "there is just no market just now". As my OH will need to find accommodation when I move over there and we sell here, we are now considering taking the house of the market and renting a room here - that way we still have our house and he doesn't need to find somewhere to stay.
#17
Forum Regular
Joined: Oct 2007
Location: Nueva andalucia
Posts: 191
Re: how many making move
Just dropped the price of our house in Surrey by van loads. Got a stupid offer on Monday, even though we had dropped buyers will still tryit on. My familyare moving next month, we had no choice had to make a decision as youngest son was booked in school. Estate agent here said drop and try and get out of the mariket asap, money is better in the bank, things will not pick up for at least 2/3 years.
#18
Forum Regular
Joined: Jul 2008
Posts: 153
Re: how many making move
Just dropped the price of our house in Surrey by van loads. Got a stupid offer on Monday, even though we had dropped buyers will still tryit on. My familyare moving next month, we had no choice had to make a decision as youngest son was booked in school. Estate agent here said drop and try and get out of the mariket asap, money is better in the bank, things will not pick up for at least 2/3 years.
#19
BE Enthusiast
Joined: Nov 2007
Location: Hondon de las Nieves
Posts: 320
Re: how many making move
Everybody has different circumstances. I think we are fortunate there are only the two of us making the move (no children/schools to think about) and I said in my earlier post OH will be working from the Uk and "visiting" Spain, so we are perhaps more fortunate that we don't "have to sell". I must admit though, it would be nice not to have the responsibility of two houses.
#20
Re: how many making move
We thought we'd been through the hardest part of relocating ... all the agonising over the pros and cons ... we finally decide that it's definitely what we want and swing into action, buying a motorhome to move us and the dogs over, organising a place to rent in Spain, packing boxes, the whole 9 yards. Only to be stuck at the final, house-selling hurdle :curse:. Our agent too said that reducing it wouldn't necessarily be the answer ... we have now reduced it and they've "remarketed" it so it's fingers crossed time again. It just feels like being stuck in limbo waiting and waiting ... Good luck to everyone.
#21
Banned
Joined: Feb 2008
Location: Vejer de la Fra., Cadiz
Posts: 7,653
Re: how many making move
I'll echo that. I am damn glad we sold when we did. When we put it on the market three different agents gave three different estimates, all widely different.
In the end we had people really trying it on, a lot of nosey b*stards and one person ONLY who was interested in buying it at that price.
At the end of the day, the value of anything is an unreal concept, because it truly is only worth what someone will pay you, and then that is only valid at that moment.
In the end we had people really trying it on, a lot of nosey b*stards and one person ONLY who was interested in buying it at that price.
At the end of the day, the value of anything is an unreal concept, because it truly is only worth what someone will pay you, and then that is only valid at that moment.
#22
Account Closed
Joined: Apr 2008
Posts: 1,002
Re: how many making move
Sorry to disagree with you Linda but in a true market price is everything. Imagine your house on the market for £2000 there would be riot police controlling the crowds, now imagine it at £20,000,000! Extreme examples I know but the simple fact is they will sell at the price people can AFFORD, not what the vendor (or estate agent) thinks they are worth.
#23
Banned
Joined: Feb 2008
Location: Vejer de la Fra., Cadiz
Posts: 7,653
Re: how many making move
And the stupid grasping b*stards in the banks who loaned stupid money to reckless people who had little chance of ever paying it all back.
Of course, few if any of them will ever suffer.
Of course, few if any of them will ever suffer.
#24
Account Closed
Joined: Apr 2008
Posts: 1,002
Re: how many making move
That is also true bil. The agents, the mortgage lenders, the "advisors" never lose out. Always the punters like thee and me.
#25
Banned
Joined: Feb 2008
Location: Vejer de la Fra., Cadiz
Posts: 7,653
Re: how many making move
Yep, and then they wonder why we hate them so much.
#26
Forum Regular
Joined: Jul 2008
Posts: 153
Re: how many making move
Agree and disagree there 03630. Some of the property crisis is caused by people buying what they could not AFFORD but what they hoped would make them a buck or two. People will buy anything at a price which they consider is value for money and the sooner housing is seen as a home and less an investment, the more the market will stabilise at prices related to income in the area. Who benefits from stable high house prices? Only the landowners and developers building new houses. Who benefits from low(er) stable house prices? The vast majority of normal people looking to put a roof over their family's head.
#27
Forum Regular
Joined: Aug 2006
Location: Pinar de Campoverde Alicante
Posts: 82
Re: how many making move
We have reduced the price of our house twice. We now are getting some interest, and like Bill Gates said one of the people who are interested are relocating to be near their son, they are elderly. We honestly don't think we can now do anymore than we have done, we will still take an offer on our house, but there is a limit to what we can take because we are committed to the off plan purchase in Spain.
The whole situation has become a nightmare. If only we had decided to make the move a couple of years earlier, but hindsight is a great thing.
The whole situation has become a nightmare. If only we had decided to make the move a couple of years earlier, but hindsight is a great thing.
#29
Just Joined
Joined: Jul 2008
Posts: 8
Re: how many making move
hi everyone as you all know me my girlfriend are moving to spain soon , my property is on the market for sale i have got some one very interested in it so fingers crossed once its sold and the money is in bank we will be gone , i know the uk is going in to a big recession next year so i think me and girlfriend have decided that we rather take a couple of years off and be in spain and enjoying the weather/country rather than being in the uk , im just wondering how many of you that are on britishexpats forum are looking to make the move to spain and how soon you looking at going ?
John
#30
Banned
Joined: Feb 2008
Location: Vejer de la Fra., Cadiz
Posts: 7,653
Re: how many making move
Well, some complain about the negativity shown to people posting on here about how they are going to go to Spain and do this or that.
Personally I think a good hit of cold water might be a blessing in disguise if it makes people think it thru a bit more carefully.
Personally I think a good hit of cold water might be a blessing in disguise if it makes people think it thru a bit more carefully.