Depsite lowest lending figures for years, next year house prices are predicted to fall. With this in mind, is now a good time to sell house quickly or perhaps not?
Building Societies' Associations members believe that with prices falling so rapidly, now is a good time to buy discounted properties. The question that is often asked is why buy now when you can buy a lot cheaper in 2011? For people looking to upsize, the falling property prices are a good hedge! Ofcourse they will get a lot less for their house but the discounts will be even greater on larger homes. In a buyers’ market people are able to make most out of opportunity available. People with cash or mortgages in place can buy properties at reduced prices.
In a slow moving market buyers are being over cautious about their purchases, you may wish to consider investing in a RICS homebuyers report. This will give you a fully comprehensive breadown of property’s conditions and any serious issues that may need attention. This will have two benefits. First, you will know about the problems before your buyers find out about them. Therefore, you will be in a position to resolve these problems. Secondly you will be able to get closer to asking price for your property if it is defect free.
Whether to get a home buyers report or not is your decision but it can have other marketing benefits too. Other properties will not have same advantage as yours and there are many factors that can go wrong with their properties sales or worst still when buyer purchases their property they will discover all the problems they have inherited such as extensive draining or pipe work that needs replacement or repairs. Obviously this will not be an ideal situation for the buyer. Imagine informing them that your property is defect free and you have surveyor’s report confirming this.
If you mention what could possibly go wrong with their other purchases then I am sure it will make them think twice before putting in any offers. It is very likely that they will end up buying your property because your honest, caring nature and the fact that you did your due diligence to ensure that buyer will lead a trouble free life in your property. This is obviously something an estate agent would not reveal to you but it could put you at a major advantage to your competitors.
If you are thinking about sell house quickly then you may be wondering what are options available to you. One of these options can be found here at sell house quickly. Alternatively you may have an investment that could be worrying you as you are probably thinking of sell property quickly therefore, you can investigate other options at this link sell property quickly.
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