It seems only a few weeks ago when our house price was rising by £3k a month! It seems crazy looking back only 3 short years to think that almost everyone we knew was getting richer by doing…nothing!
Fortunately, it never went to my head because I remember the price crash in the early nineties. I was in negative equity for TEN years!
I was lucky in that I could rent out a room throughout that period which covered the mortgage payments – which meant the house never actually cost me anything 
But I do remember on very cold winter, when there was no work, no tenant and certainly no money and I turned the pages of the local newspaper (it was pre-internet folks) and found an advert saying “Houses Bought For Cash”. I tentatively rang this number and was greeted by a gruff voice who offered me the princely sum of £5000 cash. Trust me, even in 1992, that was bloody cheap. I declined his kind offer at the time.
Recently, we’ve had a really nice house on the market for over 18 months now. 60 viewings, not one sensible offer. We’ve even dropped the price by 20%. Still no takers, so I’m wondering, even though I’m not in the same desperate position I was back then, whether I should consider contacting on on those quick house sale companies?
