Property Options-Don’t Let This One Get Away! - I think it’s sad that UK middle class families are giving up their dreams of home ownership. A recent survey from the Bank Of England has said that just under half of all families who don’t already own their own home believe they will never get on the housing ladder.
That’s alarming news. Why? Many middle class families believe home ownership is out of reach because affordability is the big barrier. As a property investor, you may be thinking how is it possible I can help? If Britain is in a housing crisis, is there a way for me to make a difference? Yes, I believe you can.
This situation reminds me of my favourite quote by Sun-Tzu, the Chinese military strategist and philosopher who wrote The Art of War. “In the midst of chaos, there is also opportunity.” Don’t miss this opportunity that’s right in front of you.
There are plenty of potential homeowners who are good people, who earn good incomes and have deposits yet they are unable to get on the property ladder. Britain’s home ownership rate continues to fall from 73% in 2007 to 65% today. I believe that if more investors understand the power of property options, we can give those who want to realise their dream of home ownership a leg up. Not only can potential buyers benefit from homeownership, most sellers and investors often overlook or miss out completely because they don’t know how to effectively use options.
Curious? I wrote an expanded article on Property Options that include:
- How the use of options can increase affordability of homes
- How buyers, sellers and investors can use options in up, down or flat property markets
- 4 key truths buyers must know before purchasing
- How to uncover why sellers are “really” selling
- 4 important facts sellers must beware of
- What motivates landlords to consider property options
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Julie Hanson interviews Mark Jackson and Wendy Patton from Lease Options Made Simple. She asked them why their forthcoming event will be different. They also discuss mistakes theyve made in their career.