Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Is there a small outhouse / extention on the first one?
Couldn't understand the layout thats all 
Looks decent mate, step in the right direction fo sho.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Second one is really nice btw.
Just first is 2 bed and in town.
Phone won't stop ringing now. 4 different people have called me to confirm I've put a bid in and they will come back to me.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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quote:
Originally posted by Whittie
Is there a small outhouse / extention on the first one?
All these houses have downstairs bathrooms.
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Cool, assuming its a little courtyard / garden area in the downstaires part not marked? To hang washing etc. Is it in a decent location?
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Marc
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Registered: 11th Aug 02
Location: York
User status: Offline
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Yeah, has a yard. Approx 1x3m I'd say.
10minute walk from centre of town and the river Ouse and green is at end of the road.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Offer accepted on first one. Need a mortgage now. 
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Congrats & good luck 
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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quote:
Originally posted by John
Are they taking someone to court?
That's a lot more than legal fees for a house move would cost.
Finally found out what the £6k is for - Holding fee, takes the property off the market and guarantees the house is sold to me.
Issue being, survey/valuation gets done after this. Any issues arising gives the estate agent a chance to re negotiate.
Risk is I can get valuation done but miss out, buy and find there is an issue.
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John
Member
Registered: 30th Jun 03
User status: Offline
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Do they keep the 6k if you pull out? All sounds a bit suspect. I'd make the offer to them and proceed as normal, if the 6k is a deal breaker then tough luck.
Depends how much you want it/how mental they are.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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If I pay £6k it is not refundable unless the seller pulls out.
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John
Member
Registered: 30th Jun 03
User status: Offline
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That's a fair percentage of the house value to possibly lose.
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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But then that's the joys of possibly paying thousands and thousands under the market value for it. also if there is anything wrong based upon surveys there is also room to negotiate here so chances of losing it would be slim IMO
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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I'm unsure whether i'd gamble 6k incase the seller pulled out.
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Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
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If the seller pulls out he gets it back
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John
Member
Registered: 30th Jun 03
User status: Offline
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quote:
Originally posted by Toby
But then that's the joys of possibly paying thousands and thousands under the market value for it. also if there is anything wrong based upon surveys there is also room to negotiate here so chances of losing it would be slim IMO
Not really any room.
If the survey comes back bad, they've got 6k whatever happens. why would they negotiate when they are already 6k up?
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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quote:
Originally posted by Cavey
If the seller pulls out he gets it back
Mis-read.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Auction house has left me a few vm's. Estate agent also left me a vm saying the auction will refund if the survey brings up anything structural.
I have a mortgage promise from the Halifax which says not to hand anything over until contracts.
Off back down with my dad tomorrow but don't think its going to happen now.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Update -
Took a risk, applied for mortgage and paid £289 for survey.
Estate agent are going to contact auction house and advise they have proof of funds, no property to sell and £6k fee ready to pay upon satisfactory survey.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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When is Claudette moving in?
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Forgot to update this.
Someone else bought it the Friday and I had survey booked for the following Monday. Hate auction sales!
Anyway, been looking at a couple more and viewed the below yesterday. Made a few offers and was accepted at 5 today -
http://www.rightmove.co.uk/property-for-sale/property-42490181.html
Went it at £105k lol and had £112,500 accepted.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Mortgage applied for and all paperwork given to estate agent. Got some forms to send back to solicitor.
Feel a bit sick now lol.
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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Seems decent enough, and whilst it's a 2 bedroom on paper, the study could actually be used as a part time bedroom which is always good.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Survey done and got mortgage roll number. Pretty exciting.
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baza31
Member
Registered: 19th Apr 03
Location: yorkshire
User status: Offline
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Auction house are cunts. I generally go to 1 or 2 property auctions a month and the way auction house run theirs is shocking . For example they say guide price is between 80k and 100k then you go and put a bit in of 80 and there is no higher bid , they then tell you the reserve hasn't been met . They advertise low amounts to draw people in . All the other auctions set reserve at bottom guide price . Am also surprised they let you get a mortgage as its usually 14 days completion and 10% on hammer plus buyers premium before you even leave the sale
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