Neighbour just put his house up for sale for €100k, great disgrace

Rabidlamb · 26-07-2011 12:20PM #1

After getting no offers, or even viewing he's gone mad low ball he's lost the run of himself hoping to get some bidding going.
This is obviously going to attract riff raff & undesirables to the estate, we could do without that.
Admittedly it's only 50% of what we all paid for ours 6 years ago but I could have done without the reality check.

There's going to be couples in their early 20's having pre-marital sex isn't there.
Think I might have a word with him for the sake of our good name.

chin_grin · 26-07-2011 12:21PM

May I direct you here.

http://www.reddit.com/r/firstworldproblems/

Feeona · 26-07-2011 12:22PM

and your address is.......? (Takes out 100,000 from under the bed)

housetypeb · 26-07-2011 12:23PM

It's still overpriced.

El Horseboxo · 26-07-2011 12:27PM

I'll sell my house for whatever the fÃºck i like.

D1stant · 26-07-2011 12:30PM

Rabidlamb wrote: »

After getting no offers, or even viewing he's gone mad low ball he's lost the run of himself hoping to get some bidding going.
This is obviously going to attract riff raff & undesirables to the estate, we could do without that.
Admittedly it's only 50% of what we all paid for ours 6 years ago but I could have done without the reality check.

There's going to be couples in their early 20's having pre-marital sex isn't there.
Think I might have a word with him for the sake of our good name.

Link?

Mr Freeze · 26-07-2011 12:31PM

Riff raff & undesirables & pre-marital sex. :eek:

Better move out quick. Before you know it, there will be nothing but pregnant women and feral children roaming the place in packs.

Mr. Denton · 26-07-2011 12:31PM

Pfft, I could buy Wayne Dundon's street for 100k

Gummy Panda · 26-07-2011 12:32PM

Rabidlamb wrote: »

After getting no offers, or even viewing he's gone mad low ball he's lost the run of himself hoping to get some bidding going.
This is obviously going to attract riff raff & undesirables to the estate, we could do without that.
Admittedly it's only 50% of what we all paid for ours 6 years ago but I could have done without the reality check.

There's going to be couples in their early 20's having pre-marital sex isn't there.
Think I might have a word with him for the sake of our good name.

3/10

North_West_Art · 26-07-2011 12:33PM

it isn't really 100,000.. what is the final figure on 100k for 30 years @ 5% approx?

phill106 · 26-07-2011 12:33PM

Mr. Denton wrote: »

Pfft, I could buy Wayne Dundon's street for 100k

Well on paper you could, in reality you would buy it, then one of his mates would move in without so much as a by your leave!

Mr. Denton · 26-07-2011 12:34PM

North_West_Art wrote: »

it isn't really 100,000.. what is the final figure on 100k for 30 years @ 5% approx?

191k
http://www.itsyourmoney.ie/index.jsp?p=118&n=298

Fremen · 26-07-2011 12:36PM

North_West_Art wrote: »

it isn't really 100,000.. what is the final figure on 100k for 30 years @ 5% approx?

Given that inflation is at 4%, not that much more in real terms.

Wile E. Coyote · 26-07-2011 12:36PM

North_West_Art wrote: »

it isn't really 100,000.. what is the final figure on 100k for 30 years @ 5% approx?

â‚¬190,819.87 to be exact.

cyrusdvirus · 26-07-2011 12:37PM

Gummy Panda wrote: »

3/10

that's a bit generous, isn't it?

it'd be a 3/10 if he'd gone to the trouble of doing up a fake sales brochure for the house/apartment.

This effort doesn't even warrant a 1/100 to be honest

Rabidlamb · 26-07-2011 12:38PM

D1stant wrote: »

Link?

http://conveyor-chains.net/wp-content/uploads/2011/02/chain-link.jpg

Nay laddy, I could get outed for being the curtain twitcher I really am.

Mr. Denton · 26-07-2011 12:38PM

phill106 wrote: »

Well on paper you could, in reality you would buy it, then one of his mates would move in without so much as a by your leave!

Buy a street for 100k? Yeah probably. In time the four familes will be wiped out and you can start gentrifying the place. I could even put a security fence around it and a "no knives" sign outside (which granted at first might be a shock to the system of the people of Limerick).

squod · 26-07-2011 12:39PM

Lots of loons up here looking for 100k for their 1 or 2 bed apartments. Property is worth what people are willing to buy it for. Unless plenty of idiots get rich I doubt we'll see a hundred grand being spent so foolishly in the future.

cock robin · 26-07-2011 12:39PM

I think you should rename the thread op to. Neighbour sells his home for what it is actually worth. At 100k its only devalued 50% which is about average.

Rabidlamb · 26-07-2011 12:39PM

Gummy Panda wrote: »

3/10

gatecrash wrote: »

that's a bit generous, isn't it?

it'd be a 3/10 if he'd gone to the trouble of doing up a fake sales brochure for the house/apartment.

This effort doesn't even warrant a 1/100 to be honest

http://1.bp.blogspot.com/_a_RKnA-5nsI/TLfS8BzbEmI/AAAAAAAAAsI/RQBWDCr-iM8/s1600/sad-puppy.jpg

Mr. Denton · 26-07-2011 12:43PM

cock robin wrote: »

I think you should rename the thread op to. Neighbour sells his home for what it is actually worth. At 100k its only devalued 50% which is about average.

Woah woah woah! If we start selling stuff for what's it's actually worth then how are we going to get this fake economy back up on its feet again? Did you ever think about that!

denballs · 26-07-2011 12:48PM

Wile E. Coyote wrote: »

â‚¬190,819.87 to be exact.

are you like me ..and can do it in your head....or are you....really really bored?

denballs · 26-07-2011 12:52PM

Rabidlamb wrote: »

After getting no offers, or even viewing he's gone mad low ball he's lost the run of himself hoping to get some bidding going.
This is obviously going to attract riff raff & undesirables to the estate, we could do without that.
Admittedly it's only 50% of what we all paid for ours 6 years ago but I could have done without the reality check.

There's going to be couples in their early 20's having pre-marital sex isn't there.
Think I might have a word with him for the sake of our good name.

erm.......are you 90+........just a very strange overly religious woman?.............

you just ruined your goiod name with that comment.........

oh.....and let me point out that thinking of people having pre marital sex (whatever that is........................)........is as sinful as doing so.........your goin to hell i guess....fact...by your own religion....bAHAHAHHAAHHA

Rabidlamb · 26-07-2011 12:54PM

denballs wrote: »

erm.......are you 90+........just a very strange overly religious woman?.............

No just 89, come back next year & the crack 'ill be 90.

thecornflake · 26-07-2011 01:00PM

Rabidlamb wrote: »

After getting no offers, or even viewing he's gone mad low ball he's lost the run of himself hoping to get some bidding going.
This is obviously going to attract riff raff & undesirables to the estate, we could do without that.
Admittedly it's only 50% of what we all paid for ours 6 years ago but I could have done without the reality check.

There's going to be couples in their early 20's having pre-marital sex isn't there.
Think I might have a word with him for the sake of our good name.

would a chat with joe help ?

Mr. Denton · 26-07-2011 01:01PM

Rabidlamb wrote: »

No just 89, come back next year & the crack 'ill be 90.

And so will the rest of your body.

123balltv · 26-07-2011 01:04PM

A woman on my road paid €360k, few houses up a house sold for 190k
she's on prozac now

I feel a bit sorry for her for any joe soap to lose 170k
but too pay well over a quarter of a million for a poxy, average house :eek:

ringadingding · 26-07-2011 01:30PM

Is it really 190k to be repaid on a 100k mortgage?????:eek:

I'm so glad i didn't succumb to the pressure of buying a house, every tom dick and harry was telling us we were idiots.

We managed to stay completely debt free, now we live in Europe where people rent their whole lives and it's considered normal, but the tenants have way better rights than in Ireland/ UK.

bnt · 26-07-2011 01:31PM

It would be €191k if you got a 100% mortgage on the €100k, but that's not going to happen these days: banks are demanding hefty deposits. Think €80k, perhaps, requiring a €20k deposit. That's another reason why buyers are thin on the ground.

Besides, 30 years is far too long: the monthly payment on €100k would be €530.06, but over 20 years it wouldn't be too much more: €653.84 (23% more), and a total outlay of just under €157k. Over 15 years? €785.02, total outlay €141k. With the stupidly-long mortgages of the Boom, it was Compound Interest that did a lot of the damage: that really is money down the drain.

North_West_Art · 26-07-2011 01:31PM

123balltv wrote: »

A woman on my road paid €360k, few houses up a house sold for 190k
she's on prozac now

I feel a bit sorry for her for any joe soap to lose 170k
but too pay well over a quarter of a million for a poxy, average house :eek:

worse than that..

interest on €360,000 for 30 years @ 4% = €253,399, so total = €613,399

http://www.itsyourmoney.ie/index.jsp?p=118&n=298

mal1 · 26-07-2011 01:38PM

House I'm living in at the moment is on the market for 600k. The estate agent got a phone call within a week from a concerned neighbour who wanted 'a word with him for the sake' of the good name of the street. Only in Dublin.

Neighbour just put his house up for sale for €100k, great disgrace

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