"We believe there is a solution to any property problem"

How to sell my house quick

Why my house wont sell?

Posted in How to sell my house quick | 0 comments

Why my house wont sell?

“Why my house wont sell?” Is it something wrong with my house? May be the agent doesn’t do his job well? Or the price is wrong? Or the area? Don’t worry, it’s not your fault! Nothing is wrong with your house. It’s the current market situation which stops homeowners from buying and selling houses. Housing market have been very slow impacted by the Global Financial Crisis, where house prices are falling and banks are not lending. House prices have been falling since 2009 and lately fell again by 0.5 per cent in February 2012 according to Halifax. And still house prices expected to fall further in anticipation of possible double-dip recession, as predicted by different experts. So why my house won’t sell? If I sell my house at a lower price and buy a house at a lower price, than falling prices shouldn’t matter? Yes, in theory, as long as you can find a buyer for your house. However a lot depends on the ability of banks to lend money. This will affect the ability of first time buyers to get their first house and in turn allow homeowners to move up the ladder. And this is a big problem! Banks are not lending money, as they used to. Bank of England’s monthly mortgage approval rate dropped significantly from 129k in 2006 to 58k in January 2012, as reported by MoneyWeek.  With such a low number of mortgage approvals, people are unable to buy houses and  that’s why houses wont’ sell.  Is there a way out? Yes! Even if the traditional housing system doesn’t work, there are new creative technics available on the market, which allow you to buy and sell houses in a more flexible way and not to be dependant on the banking system. Best wishes. Dasha  ...

Read More

Sell your property in negative equity

Posted in House in negative equity, How to sell my house quick, Personal stories | 0 comments

Sell your property in negative equity

How Caren realised that her flat worth less than mortgage but she was looking for ways to sell your property in negative equity. Caren’s story “I was so excited when I finally found a flat I wanted to buy! It was a NEW and absolutely stanning apartment! The price was pretty high, however the building company offered to pay for me a 5% deposit, so I couldn’t resist the temptation and I bought my lovely flat back in 2009. I absolutely adore my home, but I need to relocate due to life changes, and the best option for me would be to sell the flat.  However in the last 3 years the value of my flat went down by £20,000, so I realised that my home worth less than I owe on it! I really didn’t know what to do. How can you sell your property in negative equity? All I knew is that I had to pay the shorfall between the value and the mortgage, but I didn’t have the money. I also didn’t want to rent it out for a long period, as I had to move away and didn’t want any extra concerns. I felt completely stuck! This is when I met with Dasha and realised there is another way to sell your property in negative equity, so I can sell my flat and move on! The paperwork with solicitors was finished fast and it took about 3 weeks to finish everything, which was great because I could plan my move...

Read More