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 Can I give a house away for cash?
Hi, Long story but I have a house with a sitting tennant that has the right to live there until death. Is it possible for me to give the house away for a cash price(greatly reduced from the actual ...


 Sold house - do I have to leave ALL window coverings?
I recently sold my house & I included the window coverings in the contract but I have a little confusion as to whether I have to leave drapes (curtains) also. I have two bedroom windows that ...


 Is a deferred interest loan good for people who make very average money.?
We have currently signed up for this outrageous deferred interest program where we make minimum payments to our lender then put a small ammount into a high yield investment account to pay the ...


 Can a landlord remove a persons personal belongings from their home when there has not been an eviction notice
My landlord removed mine and my husbands stuff from our house and moved someone else in within a matter of hours. I don't know what I can do about it? In the process of this, they went through ...


 Need to cancel a listing with MLS, realtor.?
I'm trying to cancel a listing through MLS, I have contact the agent, also the broker it has been two weeks, I have sent to their corporate office still have not cancel, I have another broker ...


 Can i break into my apartment after the landlord has locked me out with my stuff inside even my cat.?
i live in a small town in ca we were suppose 2 pay my landlord her rent yesterday which we were going 2 do wen my husband got home 4rm work i was cleaning my restroom wen i heard my landlady knockin ...


 Trying to find out who owns a house all i have is an address?
...


 If something is in a sellers disclosure, is it non-negotiable?
I am looking at a property which has historic casement windows. In the sellers disclosure it discusses the missing/broken window panes. After the home inspection I requested that the windows be fixed/...


 How much should I spend on a house???
I currently make 40,000 per year. I have basically zero debt, and I live a generally frugal lifestyle, so I do not have a lot of monthly expenses. It has always been my dream own a house as soon as I ...


 How do I take someone off the deed to my house?
When i bought the house I put a friend on the deed. The house is now in escrow to sell and my friend will not sighn the closing papers. the loan is in my name. Can I finish the sale without his ...


 What is a simple definition of "equity" as it relates to home ownership?
...


 Am I required by law to give 30-days notice- when I never signed a lease?
I have been renting a condo for almost 4 years. The last 3 years I have signed a yearly lease. Well my last lease ended in June and the property manager did not want to renew a yearly lease and ...


 What is a good way to get a mortgage loan for a first time home buyer with bad credit?
I have paid off all delinquent things on my credit report and all I have on there is my carnote and my student loan which are both in good standing. I still have a low credit score which is what is ...


 Question about Income Support/Housing Benefit?
Hi all,

I'm moving out of my parents place for the first time to a different London Borough to be closer to my work. However, the work might run out in a month or so when we are ...


 Hi with 450.000 dollars, where can I buy a beautiful villa in USA??
am I Italian and would I like to transfer me. thanks to all... if you know anything sent me me the link....


 Who is the best real estate agent in the world?
...


 Is this illegal?
I dislike my property company and would like to hang a sign in my apartment stating "do not rent from _____ company" so when prospective renters come and look at the apartment they see my ...


 If someone steals your identity to buy a house, does the house belong to you?
...


 Any ideas on how to make money work for you?
I have recently inherited a £300,000 house and am not sure what to do, i still live in it. Iwas thinking of renting it out, selling it and buying 2 smaller houses or selling it and trying to invest ...


 My neighbors upstairs refuse to keep their noise down. What are some ways to annoy them back?
...



Mick
How low can house prices go?.?
If a house was worth £250,000 last year how much will it be worth in 2 years times..
                     
 




clandrootor
Rating
Don't panic because in ten years time its value will have bounced back and be worth much more than today.


Jude
Rating
If I could predict the housing market I would be a very rich woman! No-one knows. I am guessing a drop of about 20% which would bring it down to about £200,000. But there are so many variables, eg where you live and whether you paid over the odds for it in the first place.


Ickle_babie
If someone asked this question 2 years ago it would have been a very high answer,
the way the market is going at the min, i reckon it will be lower.
Me and my boyfriend just bought a 3 bed house for £83,000!


I Buy And Sell Houses
In the U.S., some houses that sold 2 years ago for $525,000 are now worth/selling for $300,000. Some condos that sold 2 years ago for $275,000 are now selling for $110,000. Prices are continuing to fall by 25%-40% a year. That $525,000 house probably will end up around $250,000. That $275,000 condo probably will end up around $75,000.

(For those wondering where those properties are, they're in Falls Church and Annandale, Virginia, for the houses, and Reston, Virginia, for the condos. I didn't even mention the sharp price drops, such as Manassas, where a $325,000 townhouse is now selling for $75,000.)


Ray S
My guess would be around £150,000-£175,000


Mike C
Rating
In the UK prices peaked in August 2007. They are now crashing.

Last time this happened it took 6 years from 1989-1995 to find a bottom in the market. I know, I bought and sold at that time.

This will be a deeper fall as there is no obvious bottom to the market. Buy to Letter`s are no longer in the game so it will fall to where FTB`s buyer again.

We are looking at least 40% reduction from last year. Sorry !


Kris
Rating
depending on how the market is doing tbh!

prices could still go down or they could go up

im glad there down because me and my family bought a 5 bedroomed house for 90,000!

we ended up selling ours for 160,000 and it was only 3 bedroom.


Cari
No-one can know for certain.

To a large extent, it will depend on what part of the country you are in. In London it will probably be worth only very little less than the £250,000. In other parts of the country, the price drop will probably be far more significant.


Ollie
Hi,I believe & always have that anything is only worth what people are prepared to pay.In 92 we got on the property ladder we had a set price & stuck to it so we got this place for nearly 10 thousand below the asking price.Turned out that was the real value.


SarahLou
Rating
roughly £26.50 if you are lucky


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