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Can I ask for crossed fingers, please?

ProfilePosted byOptionsPost Date

~Summer Scribe~

~Summer Scribe~ Report 13 Nov 2008 15:35

Someone is very interested in my parents house and is speaking to the Mortgage people this week. This is the first real interest since April and Mum and Dad can't afford to keep paying the bills on it. So please keep your fingers crossed that in this difficult market the woman will get her mortgage and sell her own house.

We're all trying hard not to get our hopes up, but it would be a lovely xmas pressie. They already came down in price by 20k since it went up.

Thanks

Liz

Purple **^*Sparkly*^** Diamond

Purple **^*Sparkly*^** Diamond Report 13 Nov 2008 15:36

Liz, such a shame things have dragged on this long, and hope all works out with the buyer. Awful that the price has had to be reduced already, less for your parent's nest egg.

Lizx

~Summer Scribe~

~Summer Scribe~ Report 13 Nov 2008 15:45

Some people are in a far worse position, the house next to where they're living now has been up for sale for a year now. They had it sold once but the other buyer's mortgage fell through, they had to pull out of buying their dream house. That said, they've not reduced the price in all that time, so they're trying to sell at an unrealistic price I think.

With my brother's divorce they were worried about the impact on them living in the house, and there was talk of his soon to be ex going after the bungalow. I pointed out there was no equity in it...in fact she'd probably just be getting half of the debt because it would sell for a good 20k less than what they'd paid and it's all mortgage...why would anyone want that (other than to be spiteful)?

~Summer Scribe~

~Summer Scribe~ Report 13 Nov 2008 22:33

n

CATHKIN

CATHKIN Report 13 Nov 2008 22:36

Have they somewhere else to live ? Glasgow -1 bedroomed flat perhaps!!

Grabagran

Grabagran Report 13 Nov 2008 22:50

SS Hope they manage to get it sold before the greedy bitch gets her hands on it.

yorkshire pud

yorkshire pud Report 13 Nov 2008 22:57

hello Vods, didnt understand wot you meant. nite nite, x

~Summer Scribe~

~Summer Scribe~ Report 13 Nov 2008 23:09

LOL Ros, they do. My bro bought a bungalow for them as Dad is disabled now and was struggling with the stairs. 1 bed no good LOL, dad snores too much LOL

The house they're selling is the house I grew up in since 15 months old. But it's surprising how much money you still have to put in even when it's empty and of course they still have to pay council tax (you get six months free and then it's halfed) and can't turn the gas & electric off. Bills just in were £20, not much but it's money they don't have spare, plus building insurance and boiler insurance.

Vods, it's the house they're in now that she has said about going for, my brother's solicitor has said that he thinks there's no one who would award her a share of it. But there's always that worry.

~Summer Scribe~

~Summer Scribe~ Report 14 Nov 2008 17:48

Well, the woman had spoken to their mortgage advisor and it's a no-go, they won't be able to raise a big enough mortgage.

:-(

CATHKIN

CATHKIN Report 14 Nov 2008 19:02

that`s a shame , S.S.

~Summer Scribe~

~Summer Scribe~ Report 14 Nov 2008 19:10

Yeah, we're disappointed. What else can you do except wait.

Grabagran

Grabagran Report 14 Nov 2008 22:27

SS So sorry to hear that.

xx

Gwyn in Kent

Gwyn in Kent Report 15 Nov 2008 08:01

Would letting the house be possible?

I've seen alot more interest in lets locally, probably because people can't raise the money to buy.

Gwyn