General Discussion: Property thread


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Razorlight123
Razorlight123 avatar

4448 posts since 13/1/10

12 Oct 2019 12:50
Thanks Davinho and crackajack
blackham
blackham avatar

1708 posts since 17/7/13

16 Oct 2019 08:41
Sister is purchasing a flat in a new build that is only 3 years old. Do you reckon she needs a surveyor in?
stoney
stoney avatar

17394 posts since 22/1/05

16 Oct 2019 08:50
No
stoney
stoney avatar

17394 posts since 22/1/05

16 Oct 2019 08:52
Anything after 1990 not really worth it unless a dodgy builder
blackham
blackham avatar

1708 posts since 17/7/13

16 Oct 2019 09:05
cheers mate
stoney
stoney avatar

17394 posts since 22/1/05

16 Oct 2019 19:26
If you have the address I’m happy to look it up and cast my eye over it for you
andymakesglasses
andymakesglasses avatar

20198 posts since 26/1/06

20 Oct 2019 10:04
joe6886 wrote: Anyone with a nest know how long it takes to self learn a schedule? Got one installed last Sunday and it doesn’t seem to be learning, got a mate to install it and it took him a while and he struggled with it a bit but the heating and water is all working fine so I don’t think it’s that.

If I set a manual schedule for the heating it follows it but it doesn’t do anything for itself, as far as I was concerned I just turn it up when I get up in the morning and turn it right down when I leave the house and same again when I walk through the door and when I go to bed and it should then pick that up and do it for itself?

It took a week or two for ours to get up to speed properly. It doesn't learn until you've done the same / similar thing at least a couple of times. You can edit the schedule while you're using the learning mode if it's not doing what you want it to, then it learns that for following weeks.
joe6886
joe6886 avatar

794 posts since 16/11/08

20 Oct 2019 11:25
Yeah, it seems to be figuring stuff out now. I don’t think it’s as clever as I was expecting though, left my bird working from home one day and since then it decided the heating needs to on at 24 degrees all day through the week Roll Eyes
andymakesglasses
andymakesglasses avatar

20198 posts since 26/1/06

20 Oct 2019 12:59
Yeah, it's not as clever as I'd hoped. I tend to leave it to do its own thing but keep an eye on the schedule from time to time and edit it if it's not doing what I expect or hope.
Crackajack
Crackajack avatar

7135 posts since 21/4/05

posted 22 Oct 2019 11:46, edited 22 Oct 2019 11:46
Seen a place on for 550, made an offer over the asking price and now they are asking for 'best and final' offers over 600 to be submitted within 24hours Eek

I think it was probably undervalued a little as they seemed to have 30+ viewings in two days but it now feels really hard and arbitrary to pick a number out of thin air. The one next door (not as nicely done but essentially this is the same house - no big extension or anything) sold for 560 earlier in the year.

Any tips for this situation?
andymakesglasses
andymakesglasses avatar

20198 posts since 26/1/06

22 Oct 2019 11:57
Obviously only pay what you can afford….

It depends how much you like the house really. If you really want it then push yourself as much as you can but while keeping an eye on what you think it's actually worth. Has the market been growing since the next door one sold? Is the one you're after really worth 40 grand more (either due to level of finish / condition or market growth?

When it comes to actually coming up with a number go over the 500 mark in the thousand, i.e. offer 610,555 or 610,777 not 610,123. Loads of people stick a low number onto a thousand, very few seemingly go over the 500 mark.
Crackajack
Crackajack avatar

7135 posts since 21/4/05

22 Oct 2019 12:11
andymakesglasses wrote: Obviously only pay what you can afford….

It depends how much you like the house really. If you really want it then push yourself as much as you can but while keeping an eye on what you think it's actually worth. Has the market been growing since the next door one sold? Is the one you're after really worth 40 grand more (either due to level of finish / condition or market growth?

When it comes to actually coming up with a number go over the 500 mark in the thousand, i.e. offer 610,555 or 610,777 not 610,123. Loads of people stick a low number onto a thousand, very few seemingly go over the 500 mark.

Cheers was thinking about what I do with my eBay sniper bids on £20 ties Laughing out loud

I think the agents are gaming us all a bit as they insisted on knowing our LTV on the offer we made so they know what the various bidders could go to.

We have a top budget to remain within the LTV we want but this would be a fair bit more (and other houses seem to be going UNDER asking, so we could offer it on those instead) and the mortgage payment at that level slightly daunting.
Crackajack
Crackajack avatar

7135 posts since 21/4/05

22 Oct 2019 12:13
And we have only had a 15 minute viewing so far!
DuffMan
DuffMan avatar

14283 posts since 21/2/07

22 Oct 2019 12:42
Don't do it
andymakesglasses
andymakesglasses avatar

20198 posts since 26/1/06

posted 22 Oct 2019 12:44, edited 22 Oct 2019 12:44
Unless I was very sure about it I wouldn't be offering at all on a property that I'd only seen once for 15 minutes.
Crackajack
Crackajack avatar

7135 posts since 21/4/05

22 Oct 2019 12:56
Fair point but there is nothing binding about the offer as far as I know, and we have incurred no costs yet. We have previously made offers conditional on a second viewing (not successful) but this seems to have skipped that.

The houses that are going around / under or being reduced are ones that are priced a lot higher than this one I should add. I think they have gone for a quick sale so put a low valuation with 'offers over' rather than starting higher.
illwill
illwill avatar

3649 posts since 17/5/04

22 Oct 2019 12:56
These setups are inviting the rich or naive to overpay.

Don't do your bollocks unless it's fanfuckingtastic
swede
swede avatar

8008 posts since 21/3/09

22 Oct 2019 13:14
go for it crackajack. be someone
Crackajack
Crackajack avatar

7135 posts since 21/4/05

22 Oct 2019 13:16
illwill wrote: These setups are inviting the rich or naive to overpay.

Don't do your bollocks unless it's fanfuckingtastic

I agree - and there are those people out there as we have seen from some ridiculous bids on other places we wouldn't have done (even if we could afford).

I think they have had 600 offered already (more than we did) but are trying to squeeze the rest.

In principle it is therefore worth that, at this point in time at least, as surely people don't make their initial offer the most they can do or are willing to do?

Perhaps someone has though, and perhaps that means it would be mad to make a 'final' offer way over this. But doing, say 610, 620 seems viable.
Mr.X.
Mr.X. avatar

2851 posts since 23/6/13

22 Oct 2019 13:25
andymakesglasses wrote: Obviously only pay what you can afford….