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buying a house is stressful!

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bednobs | 11:11 Wed 26th Oct 2011 | ChatterBank
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i am currently looking to move. We've had our house on the market for 8 weeks and only had 1 person view it. That person put an offer in at 25k below the asking price and when we declined their offer they upped it by 5k as a "final offer".
we have seen a house we would like to buy, but they are not budging on price and without us being near our asking price we can't afford to up it. We have put in our best offer today, but if they turn it down we'll have to turn down our offer too. GRRR house moving is hard!
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I know. You have my sympathies....I found the most stressful bit was moving the furniture. When I sold mine my furniture went into storage. Looking at that storage container and thinking 'this is everything I own'
Question Author
ha, that's not going to be hard - i have absolutely promised myself Pickfords this time
Def....you still have to pack it though :-(

I've nearly turned this house into a mini my house :-)
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nope, the pickford's people are going to do it
We had a 3 bed semi in Rainham Essex, it was valued at £220.000. this was 3yrs ago, because of the drop in the housing market at that time we had to sell at £180.000 so we lost £40.000. Mind you the people in this bungalow had to drop considerably too to sell it to us. They were on for £199.999.
It was hell going through all that. Never again.

jem
How much you 'lost' depends on how much you paid for it. If you paid less than 180k you didn't lose anything.
Sounds hideous, we just rent this place and getting all that together and then the actual packing, move (we didn't live together before this place) and then all the unpacking here was bad enough; If I had the additional buying pressure in then I think I'd have been main-lineing wine and ciggies just to keep sane!
we private rent and moving every so often is more stressful now with a toddler!!!!!! We moved oct last from a one bed flat after 3 years there, took me 2 months to pack and declutter. Then we moved again in May this year from a pokey 2 bed flat to a three bed house, every time we have moved ourselves, hubby has promised when we move again we get removal guys!!!!!
The worst bit is deciding what to do with the "Things that might come in"
Giveup, if you haven't used 'it' in the past 6 months, get rid.
One month later, you'll need to go and buy a replacement. Never fails:(
They're not budging. Neither are you. It's horrible and I sympathise completely. Everyone wants a bargain and not negative equity.

Good luck!
Question Author
negative equity will not be a problem at that price. I know we are doing the same as he is doing to us, but at the end of the day, i am happy to walk away from both the sale and purchase
Jemisa you didn't lose £40k, you never had it to lose. No good thinking of it that way.
Bednobs I've been in your position and it's nerve wracking. I had to take a big hit on the last place I sold, against everyone's advice I might add. But time has proved me right as I have checked on t'internet and everyone who has sold a property in my road since I left has taken a bigger hit percentage-wise than I did. So think carefully before turning down an offer from a good buyer (someone who can proceed, has nothing to sell) as you might wish you had in a few months down the line.
Question Author
well true, but as we aren't hugely fussed if we move or not, i guess we are in a good position

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