Sold af­ter ac­tion

Herald Sun - Switched On - - Pay-tv - SARAH NI­CHOL­SON

IT’S been said that along with death and di­vorce, mov­ing house is one of the most stress­ful things you can ex­pe­ri­ence.

When your home has been on the mar­ket for 10 months af­ter a failed auc­tion, and you’ve had 80 peo­ple in­spect your prop­erty, but they walk away with­out mak­ing an of­fer, the stress is build­ing long be­fore you have packed a box.

Imag­ine what it would do to your blood pres­sure if you also were pay­ing the mort­gage on a sec­ond prop­erty you had bought be­fore sell­ing your old place.

Such was life for the Ma­honey fam­ily from Austin­mer, a sub­urb of Wol­lon­gong, who were pay­ing an ex­tra $6000 a month on their new home while wait­ing to sell their run-down bun­ga­low.

That was un­til Andrew Win­ter turned up to film the first episode of his new 10-part se­ries Sell­ing Houses Aus­tralia.

If you know Win­ter’s other pro­grams Sell­ing Houses and Sell­ing Houses Abroad, both of which screen on Fox­tel, you won’t be sur­prised by the for­mat of the lo­cal se­ries.

He vis­its own­ers who are strug­gling to sell a house, or­ders some sim­ple work to be done and dishes out some tough love. In no time, a sold sticker is on the board in the front yard.

The work Win­ter or­dered in an­other episode would seem quite ob­vi­ous — re­place the rot­ten Sell­ing Houses Aus­tralia, PG LifeStyle Chan­nel, tonight, 7.30pm Prop­erty se­ries Du­ra­tion: 1 hour weath­er­board on the back of the house, do some ren­o­va­tion work inside to cre­ate a sep­a­rate bath­room and find some wood to fin­ish the win­dow seat in the bed­room.

Win­ter says the big­gest dif­fer­ence came in con­vinc­ing Judy and Gra­ham Ma­honey that their place sim­ply wasn’t worth as much as they thought.

‘‘They are a per­fect ex­am­ple of peo­ple be­ing on Cloud Cuck­ooland when it comes to val­u­a­tion,’’ Win­ter says.

‘‘They were the nicest peo­ple on earth, they lived in the house for years, they thought it was very spe­cial, but it was one of many on the mar­ket. And they never got around to fin­ish­ing the jobs that needed to be done, which meant it wasn’t pre­sented well.

‘‘They also bought a new house be­fore they sold, which is very risky ter­ri­tory to be in, so they weren’t think­ing about the value of the home. They were only think­ing about the fig­ure they needed.

‘‘Peo­ple who are look­ing to buy a house don’t give a fly­ing fish about how much you want if they don’t think the house is worth it.

‘‘The prob­lem was they (the Ma­honeys) were fo­cused on the fig­ure they needed, and that was never go­ing to hap­pen.’’

Home truths:

Andrew Win­ter helps strug­gling ven­dors sell their house.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.