Bought a house before but now thinking of selling - best way to go about it?

[dizzyblonde]

I know a few weeks back on local yokel news they were say York is a pretty damn hard place to live. Houses are costly, wages are not, blah di blah di blah etc.


You need to come back home to West Yorkshire.....where we're all freindly, all the villages and towns intermingle and become one long sprawl......usually coz they iz all inbredz innit

You might well have problems selling your house, especially as now people really aren't getting near their asking prices. People are still in the mindset that we're still in the housing boom, when in reality it is stagnant.

IMHO.....I don't think doing what VT is currently doing with three houses will necessarily suit you. You are a one house couple, with very little cash to stump towards another, let alone cut your throat when a tenant moves out, if you were to go down that route.VT has very very different circumstances. I believe she is more likely to have much more cash flow due to her 'recent sad circumstances' ????

Dizz might be daft, but when it comes to houses she ain't stoopid, my fingers firmly where it should be,,,,,,,,,,,,, on the big red button on Britains got talent

[dizzyblonde]

ps Owenski is right....dollar and well established company vs trashing it all in???


We needs words sonny, right after I've woke yer brain up with the VRap pipes

[tigersaw]

Estate agents are feeling the pinch too. Get a few round, dont agree to anything. They will call you after a week or two and you can negotiate a deal - you can push them well below 1% now and with only a 12 week commitment round here.
Thing is - I'd always use one, they screen out the riff raff and carpet walkers, help buyers get a mortgage and do all the advertising.
My instructions for my last house sale were very strict - don't show anyone round who hasn't got the full purchase price in their back pocket right now and I wont accept a penny less than the asking price so don't even entertain any timewasters.
They thought that very harsh but both agreed to my conditions and discounted fees.

[Paul the 6th]

Originally Posted by dizzyblonde

ps Owenski is right....dollar and well established company vs trashing it all in???

It's the lack of dollar which is causing it..

As for trips away I'm not going to switzerland for a month, just one weekend I'm gonna head to IoM, this weekend I'm down stafford for MTB, next weekend down to London - all sorts of 'trips' which can be done in a weekend and don't cost hundreds, just a bit of fuel and some time to get there.

There's too many people buying cheap chinese plotters and printers, and setting up in their spare room, pricing jobs so low they're basically making no profit just so they can get a 'sale' which means the rest of us have to lower our prices just to compete. The events side of things is great as it's pure labour and highly skills/knowledge orientated, but we've seen a 50% reduction in turnover compared with 1-2 years ago, we used to do 150 events a year, in the last 12 months we've probably done 50-60 if that.

The jobs not as productive/creative as it used to be, it's a lot of hard work and responsibility with no real noticeable 'extra' benefit like it used to have, apart from the time thing where I can put the hours in to free up a day towards the weekend. If I was tied up in an office 5 days a week but every single day was a productive day and I went home feeling pleased with everything I'd got done that day, I genuinely think I'd be a lot happier.

Like I say, gonna have a few (weekend) trips away to suss out what I wanna do. I can always keep the equipment I've got and start operating out of my spare room in my spare time, then if it picks up again build it back up. Majorly off topic now..

The longer term plan sounds great for the house, but there's too much risk of losing everything for the sake of trying to make some extra cash.

[Fallout]

Originally Posted by Paul the 6th

D'ya know, if I could hit the restart button on life I don't think I'd own anything I couldn't carry..

I can relate to this in a big way mate. I hate having "stuff". It's so heavy it drags you down, but it's too valuable to throw away. I don't need anything I've got, and none of it really does anything to make me happy (bike excluded!).

Good luck sorting out the house/work/life dude.

[Gazza77]

Worth baring in mind that if you rent, you may end up with periods without a tenant. I had this happen, and it took 5 months to get another in.... that's 5 months of paying the mortgage on the rental property without recieving any rental income. You need to have some sort of contingency plan in case this happens.

[Drew Carey]

Totally off topic, but Paul is sat on my sofa and has declared that he may ditch it all to beome a rent boy / gigalo / prostitute / escort......PM him for fun times!

[Paul the 6th]

Done a bit of market research & drew has asked if he could be my first client

I work a productive job and maybe once or twice a year I get a feeling of 'I did that' but I promise you to go from the relative freedom of self employment to working under someone elses terms will suffocate you.
I don't know and have never conversed with anyone in employment who didnt wish they could have something different about where they worked and on what grounds. That's worth more than money any day! Plus im assuming you'll inherit your dads side of it too and in which case you've got a full future planned out there!
Also pal bare in mind your entire industry is suffering. Those operating from their bedrooms will be the ones who got laid off from the firms like you're hoping to apply at.

Originally Posted by Drew Carey

Totally off topic, but Paul is sat on my sofa and has declared that he may ditch it all to beome a rent boy / gigalo / prostitute / escort

Again.