Tips for Selling your Home

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.

One Way to Help with the Mortgage

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.

Location, Location, Location

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.

Rental Renaissance

House to Rent

Four years ago, 71% of all households owned their house in the UK. 2 million of those may end up selling their house to rent, creating a whole new market of “sell to renters”.

But why?

A survey by unbiased.co.uk reveals that freedom to travel around the country was cited as one of the most popular attractions to renting and one in eight people no longer aspire to owning their own home. This is a vast shift, but for many owning a house is a dream only few can now achieve. Debt-laden graduate’s still job hunting will struggle to ever provide a 25% deposit without the support from parents. Many blame buy to let speculators for pushing up prices in the first place but wherever the blame is placed the reality for many people is a future of long term renting. For those that are already on the property ladder, many have struggled with the worry and stress of the property market volatility that much that they are considering the option of Sell House for Cash and renting.

Renting is a popular option for countries like Germany, where nearly two thirds of private residences are rented. In Britain, 14% were rented in 2008, a stark difference to the 55% that were back in 1939. Short term tenancy agreements give little security for renters at the moment and critics say that legal changes are also needed to help improve tenant’s rights, if these changes occur then just maybe more people will buy property and rent back or be more content to rent in the first place and feel less pressure to achieve home ownership.

Woman forced from home

A Scottish grandmother, at the age of 66, is being kicked out of her own home…by her son.

Flora Dempster claims she has lost almost £200,000 after a bitter row with Stuart Dodds turned into a nine-year legal fight over the ownership of her Moray bungalow.

Mrs Dodds had used her son as a guarantor for the property. She then went on to say that after he moved to America he became hungry for money and decided to put the house on the market. Her son Mr Dodds, claimed half the value of his mothers home in West Park in 2004.

The dispute began in 1999 after he claimed he was entitled to 50% of the property as he had acted as the guarantor to allow his mother to buy out her former husband’s share of the property. The home was then put on to the property market yet Mrs Dodds claims that her son had not invested a penny in the property and had no rights to it.

Mrs Dodds had to concede defeat after spending £80,000 on legal bills alone.

If you are being told to move from your home and want the option to Sell your Property and Rent Back, allowing you to remain in your home or try a Cash for Property service.

Things to Consider When Looking for a House Part 2

sell house for cashLast time we talked about considering the things that are important to finding an ideal home and that these things might have not have been considered. We looked at the importance finding the right location and how this is one thing that cannot be changed. This article will look at other key elements of finding and looking at any new potential home that you find to avoid any nasty surprises.

One big question on many people’s lips is ‘what potential does the house have?’ Many people are looking to develop their own house with an extension perhaps for a conservatory, porch or maybe even an additional bedroom. Look at other house in the street and see what they have done as this will give you an idea of the likelihood of getting planning permission for that extension.

You need to remember that the internal decoration of the property can be changed at any stage. Very few people move into to a new house they have just bought and keep it exactly that way that they bought it in, as people like to personalize it by putting their own stamp on it.

There are some people who really enjoy the sun, so for these people the way the house faces play a large part in what will be considered a good property or not. This is one thing that doesn’t change so it is important that this is something that is addresses right from the beginning. A rear garden that faces the right direction is for many people a deal breaker when it comes to choosing a house.

Another major consideration to a lot of people is the outside look of the property. It’s important that you like the look of the property. This is a very individual thing and what some people consider to be nice others would look to change. Many people do not really change the brick work of the building out the outside appearance except from the front garden.

If you don’t want a lot of work to do on the property a new build is probably what you want to be looking for. Yet for those of you who are looking for a bit more of a challenge and wanting to put your own stamp on it repossession is worth considering. Sometimes repossessed houses are a little worse for wear but that can be had at a bargain price.

To help eliminate additional stress of moving and starting a life else where many people have opted for a Quick Property Sale for Cash which enables them to get cracking on to the next big adventure. A Quick Property Sale can be just what you need to get you moving quickly in the right direction.

Rent Property in Chelsea

With house and flat prices looking unstable for the future even in such areas as Kensington and Chelsea what options are available for people who are looking to live in these highly sought after areas? One option and the most suited to the majority of people looking to live in these areas would be to rent property in Chelsea. It seems that many people want to enjoy the lifestyle that living in these areas offer yet choose to rent as a way to avoid the possible loss that buying a property in these unstable times can have.

 

As property prices continue to remain unstable and the insecurity of jobs is still abundant, renting is looking to be a great option for many people. Not only does it provide you with the freedom to change location, if a job should take you to another part of the country or even further afield. Also not owning your own property provides you with the freedom of knowing that you do not have mortgage payments to meet each month which will also mean that you won’t have to keep an eye on the interest rates rising. Renting can also provide a great safe haven for people that do not want the hassle of maintaining a property and the stress and worry that comes along with responsibility of owning your own home. Renting a flat or a house usually means that you have all of the benefits of a property owner with out the financial commitment that can be a problem for many.

Property owners are always keen on renting out their property as it means that they will have an income to pay their mortgage payments, and keep the banks from the door. However there is a lot of demand for people looking to rent property due to the lack of mortgage offers on the table. It will be well worth your time looking to register with a letting agency in Chelsea so you have a better selection of properties at your disposal.

Sellers drop asking price

A smaller amount of buyers in the housing market has forced sellers to drop the prices of their homes in order to become more competitive. It seems that they days when people would battle it out to buy a house are behind us, as figures suggest a drop in prices to try and lure buyers to their property.

First signs show a drop of over 2% and almost 4% in London. Although these percentages seem small on a property of £200,000 you are looking at a large loss.

As there are even fewer buyers out in the market then it seems that they have a little more control over the property market. More choice means sellers will have to make their process competitive and appealing if they want to sell. Holding on to an unrealistic price will not only put buyers but could also mean that a property will make a much larger loss in the future of may even become repossessed.

Yet it is not only the house prices that are making buyers be more careful but also mortgages. It seems that buyers are being a lot more selective about what they opt for and are considering a much great choice of deals. With a vast amount of banks offering mortgages these too are having to become more competitive with their lending and ‘deals’ that they offer.

Even the slightest rise in interest rates could force people to sell up which would mean that the market could be saturated with houses that people just can’t afford to keep, which means even better deals for the buyers and a greater loss for people who are desperate to sell. This just re-enforces that importance of selling before the debt gets too much.

It is believed that a few of the potential house sellers are waiting for the interest rates to be announced in September, but for some this could be too late and would mean the loss of their property and any investment that they have in their property.

It still looks like sellers can be burned especially if they leave it too late or bury their heads in the sand. If you are finding yourself in a similar situation and want to get out before the going get too tough then why not look at a Quick Property Sale or the option to Sell your Property and Rent Back which would mean you wouldn’t have to leave your home.

Buying a house – the process

cash for propertyThe economic downturn generally has a negative effect on society and is generally seen as a bad thing in the eyes of the public. Yet with all this going on there is some good news, houses prices have fallen and for those who have saved, this could be your time to snap up a bargain.

As property prices continue to fall houses become more obtainable and much more of a reality for many people. So what do you need to do to get the wheels in motion?

Step one would be all about how much you can afford. Speak to local mortgage lenders and give them an idea of your income, outgoings and any savings that you might have as this will have a reasonable impact on what money you can be lent and what house you will be able to afford.

Step two is choosing a house you like. Once the mortgage has been agreed then the fun part starts. Look around at everything on the market and see if that it offers all that you are looking for. Many first time buyers don’t get everything that they want so you may find you will have to make some sacrifices.

Step three requires getting a solicitor. This will mean that things are really in motion. This step is required to ensure that all legal requirements are met and fulfilled as to avoid and downfalls.

Step four is all about making an offer on the property. At this stage you have decided what you want and how much you can afford and it is now time to try and get a bargain. You don’t have to offer the full asking price you can offer less or even more.

Step five comes after your offer has been accepted. This is your chance to get a house survey done to find if there are any problems that you aren’t able to see just from looking at it. This might include such things as subsidence.

Step six means time to finalise your mortgage. Providing you are happy with the information received in the survey then this is your chance to close the deal.

Step seven is the exchanging of the contracts. This will ensure that all parties involved are happy and all systems are still moving forward.

Step eight requires organising the big move. Sorting all of the packing and getting the removal vans ready for the day you get the keys.

Step nine will all be about finalising the details of the contract. This is the last stop and once this have gone through then all is complete and you are ready to go.

These nine steps are just advice on the processes and procedures and are not set in stone. The orders in which they appear do vary depending on circumstances. Some people decide not to put their house on the market and instead choose a Sell House for Cash option or a Quick Property Sale as they do not have the luxury of time on their hands.

Things to Consider When Looking for a House Part 1

property for saleFor the majority of people buying a new house can be a very daunting concept. There are so many things to consider, some of which you haven’t even thought about. This two part article will look at a few of the main factors when looking to buy a property either as a home or as an investment.

The surroundings of the house is a very important factor. This really is one of the things that you can’t change about your house. It is well worth looking at how much space there is between surrounding houses. If there is a lot of space around you and it’s a new build property then you might find that the developers may still look to build future developments in front or behind your property so you may not keep the privacy that the house currently offers. Keeping privacy may also be an issue if the houses are already too close together. Not many people want the neighbors too close for comfort.

With a look at the surrounds in mind you need to access what the local area has to offer. There are some questions that you might want to ask yourself:

How far is it from the town? If you are looking for good nightlife then close to the town will be ideal, but for more peace and quiet then some where out of town will offer more solitude.

Are there any local schools? Many people looking to start a family will want to know if there are any schools and how far away are they. But for the people looking to retire might want to avoid areas where students pass through five days a week.

What about parking?
Some properties aren’t able to offer parking but there is always the opportunity to park on the road. Make sure that you check out the parking in the day as well as in the evening when everyone gets home from work to get an idea of how easy it’s going to be to park.

How far away is it from work? You need to remember that you will be commuting to work on a regular basis and that a house further away from work will add to the traveling time of each day going to and from work.

Another thing that people consider is the possibility of other family member’s locations. Some people choose to move closer to the family and some further away. After a week of traveling to and from work each day could you really face another trip to see the family?

Buying a house can be very stressful especially if at the same time you are trying to sell your own. Dealing with possible buyers for your house can be a nightmare. To avoid all of this hassle many people are turning to a Quick Property Sale through companies that offer a Sell House for Cash service which enables you to find a buyer and levitate the stress and grief from selling your home.