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Yesterday I had cause to go onto the Tersons website and while there had a look at the local properties, as you do...and I was amazed to find quite a few bargain buys in solid real estate.
Not so long ago the lowliest hovel in Dover would cost you an overcharged £140,000 or £150,000, now there are quite a few homes to be had for around the £99,000 mark.
Now of course providing you have the money or can raise a mortgage and are perhaps a first time buyer this is ideal market conditions to get onto the property ladder, I would suggest.
Investments are cyclical, whats down now will come up later...and will eventually rollover that crest and then shift downwards again and so on. Buy low sell high..as the Kennedys did when they made their first fortune. Houses are definitely low right now.
Only problem is you need that first injection of cash to get you going and cash is tight right now. But my advice would be "buy now!"
However I must make it clear,this is the disclaimer bit, I am NOT in anyway a professional Financial Adviser so what I am saying here is just speculative gesticulative chatter.
Maybe BarryW who indeed is such a beast, might like to add something to this thread, but as I say only by way of general chatter.
One other note, business is slow for Estate Agents in the current economic gloom, and I noticed one of them at the edge of market square appeared to have called it a day yesterday..their windows all whitened out. Cant remember the name of the one in particular as the frontage has been taken away, but was the one with the large wide tinted window. Directly across the square from Bar Ellie.