It's been an odd journey, but we had finally had an offer at £14,000 below our original starting price. If I think about it, it is a realistic price for the market as it stands now. Admittedly it was slightly less than one that sold last summer and was in worse condition than ours. I think we are looking at prices that they were fetching a couple of years ago.
I've heard quite a few reasons for them not selling, but one I found interesting was that people are opting to rent because it's cheaper than paying a mortgage. That's certainly a turn around from when we first chose buying over renting nearly 11 years ago for the opposite reason. We had considered renting until hubby came back with the rumour that we'd have to pay 40% tax on any money brought into Oz after a year (and it turns out that rumour was all it was). So we decided we'd be better off dropping the price now and being better off in the long run. This was still probably the best idea because the last viewers (who we hadn't heard back from for weeks) got a sudden burst of interest and put in an offer.
Now, just how to break the news to my OH that the rumours weren't true.
Cara
PS: Wishing the best of luck to all those still waiting for that offer and to anyone considering renting.
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31/10/07 Visa Granted!!
10/06/08 We fly
We are in rented and we are paying far more than we were when we had a mortgage. Admittedly our house was a 3 bedroom end of terraced and we are now renting a 5 bedroom detached. This is only costing us £800.00 pm because it has been bought by developers and it needs alot of work, but we were looking at 2 bedroom flats for £750.00 and that was a bargain.
Anyway congrats again.
Claire
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VISA LODGED: 29.08.07 RECEIPT: 07.12.07
FULL ACK: 18.03.08 CASE OFFICER: 29.04.08
VISA GRANTED: 13.05.08 FLY: 14.07.08 TO PERTH
Congrats on the sale - that is really great news in the current housing climate. Our house is not on the market yet and I am already starting to worry about the prospect of us selling quickly. I hope all goes well from here on in and wish you lots of luck with the rest of your move!
Lisa X
__________________ Lisa, Jeff, Joseph (5), George (2) and Max (7 months)
ANMC Skills Assessment sent 2/4/08, Skills Assessment passed 15/8/08
How exciting, lots of things to organise now I am sure
GOOD LUCK
will keep everything crossed for you
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Visa - MODL 136 Childcare Coordinator
1st TRA application, Nov 06, as a Childcare Coordinator came back positive as Hairdresser so...........
TRA ack 20/03/ app 27/04/07
Visa lodged 14/05/07
PC back 10/07/07
visa ack 14/08/07
C O 26/09/07 (11/09/07)
meds arrived 22/10/07
VISAs granted 14/12/07:biglaugh: