Prompted from another post but if I reached a stage were everything and everyone was comfortably taken care of & had enough left, I'd have a Vincent Black Lightening - even if I never went my back gate on it - it would epitomise that I'd come as far as I wanted.
That's ok then. But I'd never even afford a cardboard box in Dublin & prob not even want one - so you can be as right as you like ( although have an inkling your not )
I think you're right too but that's for turn key condition family homes. I really am buying the "DIY Dream" but confident in how much I need to make it more than habitable - it's all cosmetic - it had new wiring and heating in last 6 years. Surveyor due this week ...
OH ... actually had an auctioneer say he wouldn't go with an offer - he did say it was because a higher offer had been refused before but it wasn't recent. And it was "meaningful" about 12k under asking but not ridiculous - at least I wasn't laughing Now that's something to remember. I can insist they put an offer forward then - how would I know the auctioneer hasn't just rang me back and says they said no?
At that time the house I was buying was a family home, the widower was purchasing a fairly new smaller home that had been repo or surrendered probably. And it's horses for courses, I wouldn't get a mortgage due to income and so a repo is my chance to be a home owner.
I know in the UK it can go to day of sale and you still lose out - here I'm just baffled - it seems to be every auctioneer has his or her own story. Even put in offers that have never been actually submitted to the sellers (did a bit of subterfuge and got a friend to go view the same house with the same auctioneer and do a bit of digging).
Well someone should tell the banks that! 4 months ago had deposit down on a house & the guy I was buying from had gone sale agreed on his new house as well. The bank told the estate agent that they had to go back to everyone who had viewed the house the guy was buying in the last 6 months with the chance to offer more as it was repo and someone offered 3k more. Left the guy with no choice but to pull from the sale. He's still looking for a house and trying to sell his ...
Just thinking aloud - what will happen with empty houses - some are just derelict virtually with for sale boards on them, or on the market but owners have left the country or have been left to children on death of parents and they can't realise the amount they want. It's not going to help stabilise the housing market forcing more people into a must sell situation
So I've put an offer on an end of terrace repo and it's going to be less than 30% of what the last guy paid for it (he basically stripped it bare and skipped town, posted keys to bank). So will my house be worth what I pay, what my neighbour's house is worth or some other arbitary number decided by the council? If I can prove I paid x for it, is that all I'll be liable for?
What would be your "I've made it" purchase?
lost the taste of those Everton mints yet