Selling your home can be for many different reasons either positive or negative. A loss of job or divorce can lead to a forced sale just as much as a new job or moving in with a partner can. Whether it’s executed with a leap in your step or done with a heavy heart selling your Devon Property successfully will mean you have to do the same either way to get a buyer and move on.
Ideally, you want to be able to sell your home before you buy your next. Doing the latter can cause all sorts of problems and if you hold off until your property is sold then you are in an enviable position which sellers will find attractive. Often, you can ask considerably less than the property is worth and get an acceptance due to your ability to exchange quickly.
Although circumstances may not permit, try and sell your property in a robust market. Any Devon Estate Agents worth their salt will be able to talk you through property trends of the moment and help guide you with the whole process.
First impressions with houses count enormously so check out your kerb appeal. By that I mean, on arrival, how does your property fare? Well kept lawns and borders along with more substantial elements like pristine windows and paintwork, good pointing on brickwork etc can make or break someone’s opinion of the property, so much so that regardless of what the interior is like, their impression is formed and could be detrimental to the popularity of the property.
The standard on the outside should be kept throughout the inside of the property, a good declutter along with a neutral touch with colours and textures will go far when it comes to appealing to the masses: People won’t necessarily like your taste so go for the wider market appeal.
When it comes to selling property many of us believe people do it to upgrade on their existing property whilst few of us think it may actually be because the owner needs a quick house sale for cash. But interestingly, one of the main reasons people are selling their house is just that.
Other reasons include children’s schooling, divorce, separation and more increasingly, friends who have grouped together to buy a house and have subsequently fallen out. In these times of economic uncertainty though one of the prime factors people sell house for cash is to release equity and downsize. Whether people can afford to lose the space personally is another matter but as interest rates rise and more and more people are made redundant then the ability to repay the mortgage each month along with other household outlays, maintaining a family and a car and putting food on the plate gets harder and harder.
Of course, whilst you may have to put your house on the market for these reasons, the people that are looking around your house do not need to know this and you are well within your right to give any other valid reason you want to sell.
Unfortunately, some people find themselves in a situation where their house is run down and in need of restoration so will not easily sell on the open market. In this case, there are other options to choose and companies out there that will offer a good deal on your house.
Whether you fall into the first time buyer category of buying a house or this is just another to add to your growing portfolio of Devon Property, choosing an estate agent is still one of the best decisions you can make. Whilst there are plenty of different ways you can buy a house these days, like so many things, the old way is often the best way.
Finding a reputable Estate Agent that has a wealth of experience and a wide offering of property, from old cottages in rural settings to modernistic apartments in the heart of the city, will provide you with not only the best and widest choice in terms of locations and price ranges but you will receive the ultimate customer care and advice needed.
Estate Agents in Devon will offer advice and guidance on all elements of buying, selling or for those looking and whilst it is a known fact that moving house can be one of the most stressful times in someone’s life, going with a reputable agent should help relieve the stress and make the move as easy as possible.
Another reason to go for a reputable Estate Agent is they will recognise the need to optimise their presence and should be found on popular online portals too. As times have changed, so too have good estate agents who recognise the need to diversify and vary their offering. So, if you are looking for other services than help with buying or selling your house, then check out a high street estate agent. You may be surprised with what else they have to offer, from surveying to property management right through to overseas properties.
If you have been struggling to make ends meet, fretting that you cannot keep up with your mortgage repayments and loosing sleep thinking about how to achieve a quick property sale, then there may be one thing you can try before it comes to that.
Thousands of parents have seen their children fly the nest and leave for university this week and whilst many may be feeling that ‘Empty Nest Syndrome’ others are already thinking of ways they can cash in on the extra space they now have in their home, in the form of lodgings.
Of course, you would have to allow the room that was once occupied by your child to be available on weekends and during holidays but many lodgers these days are flexible and often only want to rent a room during the week whilst they are at work instead of commuting.
Another alternative is to use the room as a guest house, charging by the night rather than the month. You could receive even more money a night if you installed an en suite in the room, as people prefer not to have to share bathroom facilities where possible.
This idea may not appeal to everyone and receiving cash for property may still be more of a desirable choice but it may be worth looking into the feasibility of sharing your house and earning some much needed extra cash. Offering breakfast and even tea could see even more money brought into the household, which could be much needed.
They say that in the world of property, location is the most important element to buying a house. Consider for a moment what your needs are above and beyond the four walls you are purchasing. Do you require a school close by and if so, no doubt you expect a good one. Shops? What happens when you run out of milk or you fancy a bit of chocolate with the movie you are going to watch tonight? Can you walk somewhere or will you have to jump in the car?
Countryside? Are there walks available? Do you get to see a view? Does the countryside matter to you? What about a beach? Pubs, post offices, vets and local amenities are all other aspects people look for when they are buying a property; something Estate Agents in Cornwall are only too aware of.
It seems that the perfect Cornwall Property isn’t that perfect unless the additional criterion of buying a property is met. Of course, with growing demands for both the property and its surrounding area to be perfect, comes a need for some compromise, unless of course you have an unlimited budget.
A good estate agent will help you with your pursuit of finding a property and will have a wide range of properties in different locations for you to sample. There is a right property out there for everyone, it just may take a little bit of time to find and perhaps something may have to give a little, although you may find yourself pleasantly surprised.
Anyone in the property market will tell you they’ve had a tough old time of late. The recession, government changes and a general downturn in spending has meant that houses on the market aren’t shifting. Not anywhere near fast enough anyway. People have had the unfortunate experience of having a house up for sale for as long as they can remember it feels like, often with not even one measly viewing. Whilst people will suggest they lower the price of the house, this is not always possible for the homeowner. For those that it is possible to do, they have found using Online Property Auctions can help. The auction format means that more often than not the house is sold for less than the market may offer but it will provide a quick property sale which for many, is highly desirable.
For people who have struggled to drum up any interest in their property it may be an idea to think outside the box. A farmer in Devon had his house on the market for nearly two years and has had very little interest. He has decided to offer a £20, 000 cash reward to anyone who manages to introduce him to a buyer. Spread the word people! Another optimistic seller has decided to try a different initiative. A businessman in Buckinghamshire has decided that anyone who ends up buying his listed house will get his 36-year-old Triumph TR6 – For free with the sale and a seller in Nottingham is offering a brand new Ford Ka with the sale of his house.
Whilst it is still a good idea to try more orthodox methods like Online House Auctions in the first instance, if the going gets really tough, consider what else you could offer alongside your property to incentivise the buyer.
Houses are put up for auction for all manner of different reasons, whether the owner is after a quick sell, the house is in need of serious modernisation or it is purely that unique on the open market that valuing it is virtually impossible.
People attend Online Property Auctions for the vast array of different properties on offer and the bargains they can pick up, but even the most discerning property auction goer may find themselves a little surprised, if not shocked to come across one particular lot when they visit their next auction.
Wymering Manor is an eerie 17th century grade II listed building which used to be a vicarage. It also happens to be the most ‘haunted’ manor house in Britain and has made into the domesday book, on ‘Most Haunted’ on TV and has a gained an impressive reputation amongst ghost hunters for having high levels of paranormal activity at any one time. Activities include, to name but a few, children’s whispering, sudden changes in temperature and strange apparitions.
The council, who currently own it, are putting it under the hammer at a Residential property auction soon to try and save costs. The house certainly has a unique selling point and any potential buyer may see the opportunity to buy this and make some money offering breaks in the ‘Most Haunted’ House. Avid ghost hunters would surely relish the chance to experience just one night where they may come across any manner of paranormal activity: An experience surely worth gaining if not to just pass down to your grandchildren in story form one day.
When looking to buy a Devon property there are a few questions you should always keep in mind to make sure you end up buying the house of your dreams, rather than a home from hell.
When speaking to the seller, either directly or via a Devon estate agents there are a few questions you might need to ask:
- What exactly does the sale include – garage, size of land, fixtures and fittings etc
- How much is the current council tax bill and utility bills
- What are the neighbours like
- Has the loft been insulated
- Have there been any problems with the boiler and when was the last time it was inspected
- Does the property have cavity wall insulation
- Does the property have central heating, and if so how old is it?
- Is the property a listed building or is it in a conservation area
- Has the property been altered in anyway, and if so is it possible to see the relevant planning documents
When viewing the property there are some questions that you should be asking yourself.
- Does the property need any updating?
- What are the views like?
- Do the windows need updating, if it’s a wooden frame and you can press your fingers into them they could well be rotten
- Is there enough storage space?
- Are there enough power points?
- Are there any cracks in the walls that could be a sign of subsidence?
- Can you see any signs of damp?
- Is the pointing on the walls still intact?
If you find yourself struggling to answer any of these questions you might want to take a professional around so that they can point out any potentially problematic faults.
The biggest question you will have to ask though is one that only you can answer, does this feel like your home?
With the current financial climate the amount of repossessions is on the increase, figures show that house repossessions are at a 14 year high. Many people who are close to having their property repossessed are trying to sell their house as quickly as possible which in turn gives first time buyers a chance to pick up bargains by buying what the industry has named ‘Distressed property’.
What are the advantages of buying a distressed property?
One of the main advantages of buying a distressed house is the price; distressed sellers are looking for Quick Property Sale and to claim back the best Cash for Property they are selling.
Distressed properties can sometimes give buyers a price reduction of up to 30% of the properties recommended listing price. Another advantage to buying a distressed property is the fact that no chain is involved so the buying process is much easier and faster for the parties involved.
What are the disadvantages of buying a distressed property?
There are not many disadvantages to buying a distressed house; the only factor that can differ between distressed and normal house sales is the house condition. Many houses are refurbished and renovated before they are sold to increase the value returned, with distressed houses they are sometimes in poor condition due to the owner’s financial situation. In some cases the previous tenants may have removed as much as humanly possible from the house to recoup as much money as possible to repay their debts, so houses in this condition will cost more to refurbish and make habitable again.
Buying a property is a big step for anyone to take. A property will be the biggest purchase of your life and for low to medium earners one that can be very hard to initially buy. The hard work often pays off though as you can find yourself with a good return on investment, especially if you buy a Below Market Value Property which often come in the form of repossessed homes.
A repossessed home is becoming more and more common and whilst there are a wide variety of reasons for them to happen, one of the most common reasons is the owner struggling to pay their outgoings on a monthly basis. Once this happens more frequently, a back log occurs and they get into more trouble. Often, the only option for them is declare themselves bankrupt and it is generally at this point their house is repossessed and is put up on a Residential property auction.
Because these houses often require a quick property sale they can be available for far less than if they were valued and put on the open market which makes them a great investment for first time buyers. Of course, its not just first time buyers that like to take advantage of the investment opportunity, it is honed business men and women who see their next money making opportunity.
It is because of this that it is important that you do your research prior to attending the auction and if possible attend other auctions before the one you want to bid in so you can get a feel for how they work. If the process is all a little daunting or you find attending these live auctions problematic then there are a whole host of online property auctions these days that you can safely bid in the comfort of your own home.