Ever overpaid for a house

Author
Discussion

Countdown

39,688 posts

195 months

Sunday 18th August 2019
quotequote all
Camelot1971 said:
Welshbeef said:
Camelot1971 said:
Op, are you related to Welshbeef?
How rude
You are right and I apologise. Sorry Petrolsmasher.
hehe

Oh come on Welshie, you LOVE being the centre of attention.....

Welshbeef

49,633 posts

197 months

Sunday 18th August 2019
quotequote all
Countdown said:
Camelot1971 said:
Welshbeef said:
Camelot1971 said:
Op, are you related to Welshbeef?
How rude
You are right and I apologise. Sorry Petrolsmasher.
hehe

Oh come on Welshie, you LOVE being the centre of attention.....
I was pulling his plonker


But to be clear I’ve only 1 username on PH. Not many would have stayed and taken the banter and way beyknd banter for years and years but I MTFU and stand my ground

wombleh

1,777 posts

121 months

Sunday 18th August 2019
quotequote all
OP do you have an offer on your house now?

jakesmith

9,461 posts

170 months

Sunday 18th August 2019
quotequote all
Will the ill cat be living in the new house

8-P

2,756 posts

259 months

Sunday 18th August 2019
quotequote all
I reckon we overpaid for our house, it was nearly 4 years ago though and good houses were selling before they hit Rightmove so we paid full asking.

On reflection I should have made them a nasty offer because they were in a tight spot but, given the market, they may have easily found someone a day later ready to pay full dollar, so I made peace with it.

And as others have said, given time, itll be a bump in your financial history.

TheAngryDog

12,394 posts

208 months

Sunday 18th August 2019
quotequote all
We over paid by £5k. At the last valuation it was valued at what we paid for it, so in 2 years we have our money back on paper. Would it sell for that, or more? Who knows. And it is a question I will not be able to answer for 5 years so *shrug*.

Sten.

2,185 posts

133 months

Sunday 18th August 2019
quotequote all
JonnyJustice said:
Absolute rollercoaster of a life you lead.

hehe

Flibble

6,470 posts

180 months

Sunday 18th August 2019
quotequote all
Put an offer in that was too high, the mortgage valuation came back 10% shy. We couldn't make the numbers work without going to a too poor ltv and the seller wouldn't move. Had to pull out.

Black_S3

2,667 posts

187 months

Sunday 18th August 2019
quotequote all
Petrolsmasher said:
Deleted before all the abuse starts.

Edited by Petrolsmasher on Saturday 17th August 22:29
Looks like I was late to the party.

easytiger123

2,591 posts

208 months

Monday 19th August 2019
quotequote all
jakesmith said:
Will the ill cat be living in the new house
Living with the OP, I'd imagine the cat has topped itself by now.



Initforthemoney

743 posts

143 months

Monday 19th August 2019
quotequote all
Welshbeef said:
Countdown said:
Camelot1971 said:
Welshbeef said:
Camelot1971 said:
Op, are you related to Welshbeef?
How rude
You are right and I apologise. Sorry Petrolsmasher.
hehe

Oh come on Welshie, you LOVE being the centre of attention.....
I was pulling his plonker


But to be clear I’ve only 1 username on PH. Not many would have stayed and taken the banter and way beyknd banter for years and years but I MTFU and stand my ground
That's only because this is the only social life you have.

rofl

dhutch

14,198 posts

196 months

Monday 19th August 2019
quotequote all
Come on, cut them some slack!

And to the OP, we got as far as offering the asking on a 'best and final' but lost out to the other sell, in part I think because we where younger buyers. ould have been a nice house, had a lot of things we wanted, but wasnt to be. The sale later fell through but we have found another elsewhere.

On this house we got a 80k down valuation originally, which would have scuppered the job, but fortunately later another lender worked out.
So yeah, that is your only risk, depending on the size of your deposit, is a lender valuation which you cant pay your way out of I guess.

But the less you think of houses and an investment and the more you think of them as somewhere lot live and enjoy the better. Ive certainly paid 20% over the odds for a car because it was the colour and spec I wanted.

TwistingMyMelon

6,385 posts

204 months

Monday 19th August 2019
quotequote all
Maybe a few grand for mine

We were desperate, other half was pregnant, we were renting and the house we bought was empty, so looked a perfect , it was on for 30 grand a few month before anyway

Actually I dont think I overpaid, I think I could have negotiated it a bit cheaper, but it would involved days of bullst haggling, which I didnt have the time or patience for!

Mortgage and home buyers priced it what we offered so happy days

Sometimes you just have to bite the bullet and not worry about money, just concentrate on if you think the price suits you and you are happy

rah1888

1,546 posts

186 months

Monday 19th August 2019
quotequote all
A more sympathetic audience...? hehe

"In a bit of a panic as went a bit crazy today and bought a house within an hour of viewing. On closer reflection i feel like we have maybe paid more than its worth, found a house on the same street with another bedroom for the same price and looks to a good standard, this is a 3 bed. And looking at sold prices doesent fill me with much hope. It was in high demand viewing and interest wise so we wanted to secure it"

https://forums.moneysavingexpert.com/showthread.ph...

PositronicRay

26,954 posts

182 months

Monday 19th August 2019
quotequote all
rah1888 said:
A more sympathetic audience...? hehe

"In a bit of a panic as went a bit crazy today and bought a house within an hour of viewing. On closer reflection i feel like we have maybe paid more than its worth, found a house on the same street with another bedroom for the same price and looks to a good standard, this is a 3 bed. And looking at sold prices doesent fill me with much hope. It was in high demand viewing and interest wise so we wanted to secure it"

https://forums.moneysavingexpert.com/showthread.ph...
Can't be dieseluser surely?

I-A

408 posts

156 months

Monday 19th August 2019
quotequote all
rah1888 said:
A more sympathetic audience...? hehe

"In a bit of a panic as went a bit crazy today and bought a house within an hour of viewing. On closer reflection i feel like we have maybe paid more than its worth, found a house on the same street with another bedroom for the same price and looks to a good standard, this is a 3 bed. And looking at sold prices doesent fill me with much hope. It was in high demand viewing and interest wise so we wanted to secure it"

https://forums.moneysavingexpert.com/showthread.ph...
laugh

counterofbeans

1,061 posts

138 months

Monday 19th August 2019
quotequote all
Petrolsmasher said:
Deleted before all the abuse starts.

Edited by Petrolsmasher on Saturday 17th August 22:29
I do hope this won't put you off posting more bks about your poxy Fiesta.

Flibble

6,470 posts

180 months

Monday 19th August 2019
quotequote all
"We pulled out of the sale, feel awful but at least it wont have cost them anything in fees yet, went round today to measure up and its a lot smaller than we remembered, and it was an absolute nightmare to pull off the drive, would be even worse if shared access was partially blocked."

As expected in just two days. Local EAs must love him.

easytiger123

2,591 posts

208 months

Monday 19th August 2019
quotequote all
"We pulled out of the sale, feel awful but at least it wont have cost them anything in fees yet, went round today to measure up and its a lot smaller than we remembered"

Oh the irony. Beautiful.

227bhp

10,203 posts

127 months

Monday 19th August 2019
quotequote all
PositronicRay said:
Can't be dieseluser surely?
Is that who the OP was for sure? I can certainly believe it.

Black_S3 said:
Looks like I was late to the party.
You haven't read the thread very well, some parties go on a long time after the host has gone to bed.