dubberboy

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    dubberboy
    Member

    but thats my point,,,prices haven’t gone up,,,far from it

    dubberboy
    Member

    prices have gone up??? in the nicest way says who???

    the resort group by chance?

    ask a few agents if anything has gone up, many developers put the price up (to make buyers feel good) but then offer bigger discounts

    one of the oldest tricks in the book

    dubberboy
    Member

    i havent read all the posts but dont forget that a 5% yield is much less than that when you look at the set up and annual charges of running a SIPP

    personally i cant see it, i think its only the fact that people dont see it as real money that they do it

    small fund value SIPPS are often pointless

    “greater contraol and flexibilty” is how they are sold, what that means to your everage pension holder is gobbledeegook

    dubberboy
    Member

    and i would say make sure you see a financial adviser that isnt an agent for the sale of them, the commissions paid out on these type of investments can be VERY sizeable

    i’ve not heard anyone boasting about their returns on Tortuga, if it was all rosy i would ahve thought we’d have heard,, perhaps its too early to tell

    dubberboy
    Member

    property prices have dropped in every brit/irish fuelled place in the world, the bottom line is credit used to be easy to get for anyone with equity, equity only based lending has now disappeared, therefore every place fuelled by us (spain, dubai, cape verde, etc) has suffered a correction, massively

    distresssed sales are people who need to sell however once sold at so called distressed levels that becomes the new price i’m afraid.

    if someone was distressed but could sell at more they would

    value of a property is not one sitting on the market at a price that no one will buy at

    dubberboy
    Member

    richie, without doubt they seem to be the best of a bad bunch

    dubberboy
    Member

    it will be interesting to see if you get a net return of 9 to 13%,

    if only life was that simple

    if you do then the very best of luck, it would be a good return

    dubberboy
    Member

    lol, that was my point

    dubberboy
    Member

    thinkingaboutit,,, information given by whom??

    i rest my case

    dubberboy
    Member

    i think in fairness to TRG they have built the products in the timescales quoted, in the way stated, at the cost quoted

    to be fair they must take credit for this

    the bits i dont like is the spin about rental returns, projected futer values vales and the claims made about previous developments they have done

    dubberboy
    Member

    i think it is on a property the bank already owns, on that basis for them it makes sense, sell a dewcreasing assett now in the hope you get soem back OR have it decrease in value and sit empty for a couple of years

    dubberboy
    Member

    the reasoning that remo inspections are often not done is that if someone else has leant on it its probably ok, rightly ot wrongly

    as mentioned ive never known it on a purchase

    dubberboy
    Member

    itchy fitchy

    you say earlier “most valuations in the ukare done by drive by or table top valuations “

    i think youll find this is only on remortgages, as far as i know 100% of purchases are down with an (albeit basic) visit and inspection

    dubberboy
    Member

    sherpy’s spin will be that with all that damp and heat the ground floor flats are getting a free sauna

    dubberboy
    Member

    i think he is referring to the fact that tont called him “kenny”

    by the way it would be very easy for an employee to nick a friends plot details and name etc assuming he has sold a few to friends etc along the way

Viewing 15 replies - 1 through 15 (of 611 total)