On Sat, 07 Nov 2009 21:13:42 +0000, badriya <badriy
...@gmail.com>
wrote:
>Someone on an ex-pat site just suggested this. For a short moment it
>sounded like a good idea and then I saw drawbacks and thought it risky
>and decided I probably didn't want the hassle. I wanted to sell and be
>done with it.
>What do umrats think? It's apparently new in the UK.
>http://www.bestmovefast.com/
Oh he explained it like this
when things are slow and the market falling a good way to sell and fix
the price from falling any further is sell to a tenant.
in this way you can solve many problems without an agent.
1. offer someone a home who cannot obtain a mortgage at the moment.
2. take a non refundale deposit for the option to purchase contract.
3 fix your asking price today.
4 save on agents fees.
5 recieve a monthly rental income to cover your own mortgage debt.
6 tennant/ buyer builds up equity in the property with his /monthly
rental payment which acts as the deposit when ready to obtain their
mortgage in the future.
a win win situtation for all involved ! all except the agents that is
....
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