Page 1 of 1

Posted: Wed Oct 10, 2007 6:26 pm
by Shining
How they vary? Yesterday, valued at 190k, today 165k, this gets more confusing my the day! On advice going to get a third now and see where that one goes!

Posted: Wed Oct 10, 2007 6:34 pm
by mish1953
The art of estate agentism..

Generally estate agents are after your money so they will say want you want to hear so they get the business.

Best way is to get a surveyor to do a proper evaluation - but you have to pay for that !

Posted: Wed Oct 10, 2007 7:22 pm
by zoe
Hi is thereanend
I also live near you (i think) between lincs/peterborough and i had the same problem!!!
I told them i was moving away for my work


Keep your chin up - everything happens for a reason!
View my blog http://zoes.blogs.iva.co.uk/

Posted: Wed Oct 10, 2007 7:53 pm
by Cybus
If any properties in your locale have been sold recently, there's every possibility that the price the sale achieved will shown on this site-

http://www.nethouseprices.com/

It's worth a look if only to satisfy yourself that those woodentop estate agents are anywhere near the mark

Tell it like it is.

Posted: Wed Oct 10, 2007 7:58 pm
by mikebdomain
The cheapest way to get a valuation that will be closest to the real thing is to contact a broker and ask them to carry out a desktop valuation, most are able to do this through Hometrack for a cost of approx. £25.00, much cheaper than a full valuation. To check against lenders criteria we always knock £10,000 off an estate agents valuation when a mortgage application is made.

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker

Specialising in adverse credit.

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf

Posted: Wed Oct 10, 2007 8:12 pm
by Skippy
The flat was valued at £170k, put on the market for £168k, dropped to £164.5k and sold for £157k, which seems to be about right for this area!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

Posted: Wed Oct 10, 2007 8:43 pm
by Soulgrowth
That's a useful guide Mike ... thanks

Debbie

www.babynamings.co.uk

www.soulgrowth.co.uk

Posted: Wed Oct 10, 2007 9:26 pm
by Shining
Excellent guide, looks like it's possibly more near the 165,000 mark than the 190k mark as stated yesterday! Going to ring one more tomorrow though, they are all really obliging and leave by saying I'll pop that in writing for you, even though I've not asked for it! I would like to get a proper valuation so that we know where we stand in respect of iva or dmp. Possibility of remortgaging to reduce monthly payment rather than releasing equity as our salaries won't warrant a larger mortgage.