Todays property market is difficult to predict for even the most experienced investors. Houses no longer offer the stable investment of yesteryear, so it is understandable that many people are looking to sell their assets in order to invest in more lucrative means.
With mortgage approval rates still low and employment struggles very real, less people are able to buy at the moment, which means there is a great deal of property which isnt moving anywhere.
As a property investor, if you decide to sell it is in your best interest to get your house moving as quickly as possible. Having a property sitting on the shelf can be problematic for your tenancy situation as well as your cash flow.
Its easier to sell an investment property without tenants in it. Renters wont have the same feelings you do about selling up and therefore they wont necessarily keep the property in a “saleable” condition. But this poses a problem if you rely on your tenants for an income, as every month your property sits untenanted and unsold youll be without rent and unable to release the capital tied up in it.
On top of this todays is a buyers market, and with the few buyers around looking for perfection at considerably less than the asking price, you could find yourself having to make costly improvements just to achieve a reasonable sale.
You can sell your property more quickly using a reputable property buyer; and although they will likely make you a low offer, you will benefit from a speedy guaranteed sale.
A professional property buyer can help you sell your property swiftly, without the stresses and strains of the open market – theres less chance of your buyer pulling out at the eleventh hour, for example.
A reputable property buyer will be able to make you an offer within a matter of days; after which, theyll guide you through the selling process with minimum fuss, these being seasoned experts in the sale and purchase of property.
Additionally you will benefit from the elimination of estate agency fees, which can easily be several thousand pounds, and some reputable property buyers will even introduce you to a solicitor and pay your fees as well.
So even though on the face of it the offer youre given might be low, calculate the cost of home improvements, lost rent, estate agents and solicitors fees – as well as the stress of viewing and haggling, and waiting – and you could find real benefits to using a professional property buyer.
Brought to you by Gateway Homes
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