August 30th, 2010
If you had money to renovate your house, probably you had tried not to sell it off! Here is a list of reasons for which a homeowner may want to sell off his or her home fast:
1. Financial Problem – the cause can be anything – divorce, job loss, medical treatment etc.
2. Moving to a new city – when someone moves to a new place, they want to sell home quickly.
3. Move to a new and larger home – some of the home owners may also want to sell their homes to move to a better house. But these home owners usually have time in hand unless they want to buy the new property from the fund received by selling the old one.
Two things appear to be most important to these home owners:
1. Time – they want to sell house fast
2. Price – they look for the best price as they need fund badly
Most of the buyers will not pay good amount if the house is not in a good condition. Just imagine: you need money, you are going to sell your home and you are asked to renovate the house! Doesn’t it sound dumb? Unfortunately most property buyers will give you the same advice. You should contact cash house buyers if you want to sell your house fast without investing any money.
Property cash buyers purchase houses of any condition; the homeowner can get the best price for their year old properties if they choose to deal with the cash buyers. A cash home buyer purchases houses, refurbish them on their own cost and sell it off or rent it out. Hence, they will not look for houses which are in good shape.
If you do not have money to refurbish your house and you want to sell your home fast, look for home buyers in your region.
Posted in UK Home Buyers | No Comments »
August 27th, 2010
The economy has not recovered 100% yet. It is not a secret that the housing market is down. When somebody needs to sell a house, it can be a big challenge to find out a buyer. People have started to believe that this is not the right time to invest in properties or to buy a new home. They are trying to save money rather than investing it. As a result there is a dearth of genuine property buyers in the market.
What to do when someone needs to sell house quickly? The best option is to find cash house buyers in the locality. There are many advantages of dealing with cash buyers; here we go:
Fast – the deal can be closed within few days
Those who need to sell house quickly, can be benefitted by working with cash buyers. A reputed cash buyer will typically complete the process within 7 to 10 days once you agree to proceed with their offer.
No hassle, No legwork, No paperwork
Cash house buyers will carry out all the paperwork and other formalities on your behalf; once you sign the agreement with them you are just done. They will prepare all legal papers and documents and keep you informed about ins and outs of the process.
Confirmed deal
A home buyer will never say ‘No’ to you – whatever is the condition of your house they will agree to buy it. Hence, once you contact a cash buyer, it is guaranteed that you will be able to sell the house to them.
No commission
Unlike property agents, a property buyer will never ask for commission – they purchase houses directly from the homeowners and no third party is involved in the process. By dealing with cash house buyers you save the money that you otherwise had to pay to the agents.
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November 4th, 2009
Managing director of the firm Russell Jervis said that London property in particular is set to rise in value over the coming 12 months.
Indeed, he indicated that demand against available homes is currently at a ratio of one to ten in some areas of England’s capital city.
There are unlikely to be any dips in house prices in the foreseeable future, Mr Jervis added, although he suggested that it is always hard to tell what will happen during December.
“It is unlikely based on current supply and demand figures that we will see any further drop in October’s figures or for November,” the expert explained.
His comments came after Nationwide Building Society revealed that property prices went up 0.4 per cent in October – this followed a 0.9 per cent rise in value during the previous month.
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October 31st, 2009
The number of home owners who are being forced to become reluctant landlords has dropped for the third consecutive quarter, according to the Association of Residential Lettings Agents (Arla).
Over the past two years falling house prices and a shortage of mortgages caused many home owners to become “reluctant” or “accidental” landlords, as they could not sell their home.
But the upturn in the housing market has changed that – Nationwide said that house prices have risen for the sixth consecutive month.
Arla’s research shows that 60pc of its members’ offices reported property being rented out rather than sold during the third quarter of this year. This number has dropped from 80pc in the second quarter and 95pc in the first three months of the year.
It said that the figures suggested that fewer home owners were struggling to sell their property and being forced to rent it out – supporting industry-wide speculation that the housing market downturn is coming to an end.
Ian Potter, operations manager of Arla, said: “The fact that the number of reluctant landlords has dropped once again, and supported by the rise in demand for buy-to-let, suggests that movement is beginning to occur across the market. What remains key is that all landlords – reluctant or otherwise – are fully aware of their obligations to their tenants.”
Forty-eight per cent of members in “prime” central London areas reported rental property coming onto the market because it could not be sold, compared with 73pc last quarter.
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October 31st, 2009
The Global Financial Crisis may have devastated real estate prices in Dubai, causing a 48% fall just this last year, as well as causing serious drops in other countries, but one place that is seeing increased prices is Lebanon.
Lebanon
The head of the Order of Engineers in Lebanon has predicted a growth in the real estate sector of 10% to 15% per year until 2013. The reason for this is the influx of Lebanese expats and other Arab investors seeking a piece of Lebanese real estate. Many of these expatriate Lebanese had spent years in other Gulf states, Dubai especially, but many have now moved from the UAE to Qatar and Saudi Arabia, where job prospects are now better, or back to their home country to purchase a property there.
In 2008, transactions accounted for $4.3 billion dollars in Lebanon property, with most of the action taking place on small- to medium-sized properties in Beirut or Mount Lebanon. However, real estate brokers are not too surprised by the effect of this expat activity given the small size of the country compared to the population. If land and property is at a premium, prices can be significantly affected by a relatively small shift in the population either way, or just by the actions of speculative investors.
Property prices per square metre in Beirut are twice the national average, at $1,600, and most sales take place on properties between 150 and 300 square meters. It is also projected that the market will be given a further boost by recent incentives given to commercial banks by the Lebanese Central Bank to offer house loans at very competitive rates.
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