Thursday 26 May 2011

Location, Location, Location

Over the last few days I have been praying rather desperately for a resolution to the house sale situation.

The situation can be summarised thus: Our house has been on the market for 9 weeks. We have had 5 viewings and are told by more than one estate agent that the housing market is awful at the moment. We would rather like to move to Cuddesdon in the middle of August. That is in 11 weeks time. Worse case scenario we could move at the beginning of September - 14 weeks time. And house sales take on average 8 weeks to go through. So if we want to be up and gone by the beginning of September we need to find a buyer some time in the next 6 weeks. Added to this, we need an offer of £165,500 to break even after all our fees and debts are paid.

You see why I am anxious?

Am I to leave it all in God's hands, or am I to take affirmative action? I think a bit of both hand in hand, so the prayer has continued and in the meantime I have taken action by this morning asking the estate agents to drop the price from £169,950 to £167,950. Maybe it will encourage a few more people.

Those of you who know me will know I'm not much of a Sarah Beeney sort of character. Neither Paul nor I have ever sold a house before and are feeling our way through it blind. If we were one of these property gurus on TV we would, of course, make a massive profit and swan off to our next lucrative property development opportunity. But this isn't going to happen. We've come to terms with the fact that £165,500 may not be possible, and have a figure in our heads of the minimum we would accept. And there's nothing more we can do but sit and wait for that offer to come in (and perhaps touch up the skirting boards in the meantime...)

I've left the little bit of hopeful news until last... The agents told me this morning that we now have our 6th viewing. A couple want to view our house on Saturday. The thing that encourages me about this couple is that they are already renting in Stoke Canon, and are eager to buy their own place here. For a start, it means they already live within hearing distance of the railway line, so that won't put them off. And if they like the village and are eager to buy here they only have the choice of 4 houses at the moment, 2 of which are considerably more expensive than ours. Could this be an answer to my prayers?

...Of course, the sceptic in me says "well, they only live round the corner from us so it's just as likely that they've walked their dog past our house and want to be a bit nosy..."

We'll see.

http://www.whittonandlaing-search.com/propertydetails.aspx?propid=DWE3381&locx=29370&locy=9800&place=stoke+canon&sale=s&distance=50&propertytype=%25&minbeds=0&maxbeds=100000&minprice=0&maxprice=99999998&order=desc&uo=3&new=%25&everyhours=0&skip=140&isaPostCode=False

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