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Thursday, 28 May 2009

Purchase of a new House Late 2008

Well its been some time since i have updated my Blog.

2009 has been a difficult year, we were going to purchase a house in shire oak ( just outside Brownhills ) late September.

This was a relatively large property on the 29 Chester Road with a large north facing garden to the rear.

We got to the point of offer accepted but the Company I worked for JCB and the rest of the World started to predict Armageddon due to loss of sales and the housing market collapse. (Nick Named the Credit Crunch)

This prompted us to place the purchase on hold and pull out until we could see some light at the end of the tunnel.

We did re approach the vendor in March this year as the property had been removed from rightmove but was still for sale.


We were informed the property we had been looking at was under offer all be it slightly under the 230k we offered.

The vendor decided to go with the new buyer probably due to the fact we had pulled out several months prior.

So we began the new house search.

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