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Buy this house and get a Ferrari 355!

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Buy this house and get a Ferrari 355!

Postby Yampiedog » Wed May 10, 2006 11:12 am

http://www.houseandferrari.co.uk/

May be worth a look for the wealthy northerner?
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Postby jd » Wed May 10, 2006 11:16 am

Saw this on 5th gear.
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Postby chris » Wed May 10, 2006 11:30 am

He only paid
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Re: Buy this house and get a Ferrari 355!

Postby SPIKE LIKE MIKE » Wed May 10, 2006 12:07 pm

[quote="Yampiedog"]http://www.houseandferrari.co.uk/

May be worth a look for the daft northerner? as the houses are still being built,cant see 80k plus on prices inflated that much when still not all sold, 5 minutes of fame though 8)
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Postby The Swede » Wed May 10, 2006 2:23 pm

[quote="chris"]He only paid
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Postby chris » Wed May 10, 2006 7:43 pm

[quote="Torrekens"][quote="chris"]He only paid
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Postby The Swede » Wed May 10, 2006 8:23 pm

Never said the car actually had to be mentioned to the bank or be on the paperwork.

It could have its individual paperwork and be given to you as a gift.

I am unsure how banks go about houses that are priced on the high end of the normal price bracket for an area. Anyone ?

In the end, who can judge the value of a 350K house and say it is 40K overpriced ?

The wrong thing to do, would of course be to throw in a 40K car and ask 100K extra for the house. You should see it as an item that attracts extra attention and will shift your house 1. faster, 2. hopefully at the full price you'd want.
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Postby chris » Wed May 10, 2006 9:06 pm

Torrekens wrote:
In the end, who can judge the value of a 350K house and say it is 40K overpriced ?



I can! :wink:
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Postby The Swede » Wed May 10, 2006 10:46 pm

:brick:

I mean officially, Chris. Who from the bank can say: "no, for this house, even if you have got the means to pay 350K for it and can easily pay this mortgage, we will only give you 310K as the house is only worth 310K according to us" ?
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Postby ghplumb » Wed May 10, 2006 11:18 pm

This was on our local news 6 - 7 weeks ago so he is not having much success with it . He said on the program that his new girlfriend will not let him drive it anymore as not safe or something along those lines :shock: also went on to say that it is kept in an airtight cover & never driven other than in the hot summer weather ( So thats 2 days a year up here mind )
Never out in rain etc was then shown on program outside on salt covered wet roads starting up and immediately revving the tits off it & blasting off up the street. The estate the house is on was the main car park for Durham which was sold for these to be built ?? alot on the the estate for sale normally so must be struggling to get rid
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Postby chris » Thu May 11, 2006 7:07 am

Torrekens wrote::brick:

I mean officially, Chris. Who from the bank can say: "no, for this house, even if you have got the means to pay 350K for it and can easily pay this mortgage, we will only give you 310K as the house is only worth 310K according to us" ?


The surveyor acting for the mortgage lender would say "this is worth
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Postby Houdini » Thu May 11, 2006 11:32 pm

It just goes to show that advertising doesn't work. As a 'Joe Bloggs' the immediate thought that would spring to my mind is 'it's too good to be true - what's the catch?' Clearly there's a large one. I can't blame him for trying, but as a businessman he has made a significantly poor decision, and I wouldn't be surprised if that reflects on his business. Big risk, really. You don't flaunt your problems on TV.

Never.
Ever.
Ever!

Having said that, I've already put information about myself in the public domain, so I'm probably as big an ars*hole as him. :shock:
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Postby Yampiedog » Tue May 16, 2006 8:33 pm

TBH my first thought was that house aint worth that much anywhere except maybe London.
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