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Case Studies

Avalon Property Solutions - Selling

If you have clicked on this page then I imagine that you are interested in selling your property.

There are many ways to sell a property and I have differentiated 3 different situations depending on circumstances, the price you need to achieve, the condition of the house and the time span involved.

Main Residence Sale:

 

If this is your main residence and you want or need to maximise the price then please read on.

There are many reasons why you would want to sell your house or flat: you want to relocate, upsize or downsize, you can't afford the mortgage payments anymore, it is surplus to your requirements as you have moved in with your partner, parents or children, you are going through a divorce or separation... the list goes on.

If you want to achieve a certain price for your house but there have not been any firm offers yet, then it may be an idea to sell on a 'rent to buy' contract. This means that the buyer will pay you a small upfront fee (deposit) and then pay you rent on a monthly basis.

Some of the reasons mentioned above may require you to sell quickly - if you have not be able to secure a firm offer or the offer was accepted and acceptable to you but the buyers were in a chain and the chain breaks then you may have to compromise on the price in order to get the sale through. Please see below.

If this is your main residence and you want a speedy sale then please read on:

If you need to sell your property quickly then you may have to reduce the price, offer incentives to buyers or use a different strategy than a straight forward sale.

The strategy I am talking about is the 'rent to sell' strategy. This may be advantageous if you do not have equity in the house or do not need all the capital or equity that is locked up in your house.

The rent to sell strategy is quite easy to organise with a solicitor, who is knowledgeable in such contracts - it is also a quick solution and may be even as quick as 2 to 3 weeks. The solicitors need 2 to 3 wks to get the searches done before being able to draw up the legal agreements.

Buy To Let Property Sale:

 

If you are a landlord and you want to maximise your sale's price then read on:

Let's say that you have had your house on the market for a while now but the offers that have been made are not high enough or not forthcoming. If your house is still tenanted then it may attract less buyers than if it was empty but then you would be stranded with having to pay the monthly mortgage and the council tax - this is not pleasant.

However, you might consider the 'rent to sell' if you do not need the whole of your equity immediately. The rent to sell strategy is quite easy to organise with a solicitor, who is knowledgeable in such contracts - it may be as quick as 2 to 3 weeks. A solicitor still needs to do all the searches before drawing up the legal documents.


If you are a landlord and you want to sell your investment property quickly please read on:

If you need to sell your property quickly then you may have to reduce the price, offer incentives to buyers or use a different strategy than a straight forward sale.

The strategy I am talking about is the 'rent to sell' strategy. This may be advantageous if you do not have equity in the house or do not need all the capital or equity that is locked up in your house.

The rent to sell strategy is quite easy to organise with a solicitor, who is knowledgeable in such contracts - it is also a quick solution and may be even as quick as 2 to 3 weeks. The solicitors need 2 to 3 wks to get the searches done before being able to draw up the legal agreements.

Probate or Inherited Property:

These properties usually do not have a mortgage on them and due to circumstances they need to be sold on quickly.

The best way is to put it on the open market, either as is or refurbished, if necessary. If you do not have the funds to refurbish the property in order to achieve a better sale's price then APS will find an investor to help you do that.

           
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