Are banks lending yet?
By Common sense. at 12:57, Wed April 18 2012, in Buying or selling - 11 responses
While it is scarcely easy to tell what the story is, it would seem to be the case that most of what does come to the market at the moment is because of some sort of financial disaster.
If the need is to sell, like it or not, sooner rather than later, the fact of the matter is that for as long as prices continue to fall, those who hold out for an an out of date price are hung by their own petard.
The asking price for a property on my short list fell from €155,000 to €35,000 when a "financial institution" got rid of the previous auctioneer who foolishly held out for the unavailable jackpot, for years on end but to no avail.
If the need is to sell, like it or not, sooner rather than later, the fact of the matter is that for as long as prices continue to fall, those who hold out for an an out of date price are hung by their own petard.
The asking price for a property on my short list fell from €155,000 to €35,000 when a "financial institution" got rid of the previous auctioneer who foolishly held out for the unavailable jackpot, for years on end but to no avail.
| Subject | Author | Date Entered |
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Happy in Paekakariki | 21:51, Sun April 15 2012 |
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Md | 10:59, Mon April 16 2012 |
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Common sense. | 18:26, Mon April 16 2012 |
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Onetime | 20:51, Mon April 16 2012 |
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daria | 21:20, Tue April 17 2012 |
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Md | 11:29, Wed April 18 2012 |
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Common sense. | 12:57, Wed April 18 2012 |
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Md | 17:07, Wed April 18 2012 |
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Common sense. | 02:42, Fri April 20 2012 |
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Kerryfox | 14:28, Wed April 18 2012 |
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mistee3 | 23:16, Sat April 21 2012 |
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country cottage | 15:00, Tue May 8 2012 |