Bowfin Property

Property Solutions to Sell Your House Fast For Market Value

Author : Russell Bowyer

Article written by Russell Bowyer who has been investing in property since purchasing his first commercial property in the 1990's for his own Chartered Accountancy business. But his first property investment project was to turn an old dilapidated restaurant into a large 5-bed home, which he purchased for £117,500 and sold for £450,000 (to see an "after" photo of the house before it was sold see here: About). Russell owns a number of investment properties, which includes houses, flats and HMO's. More recently he has turned his creative side to investing in property using lease options. His largest lease option deal to date was to acquire 12 properties worth over £2 million for just £12, which means he paid just £1 to acquire each property!

Property Lease Options: How they work & how to find the deals

Property lease options are contracts that give you control over property, and as a general rule to generate an income from it, but could equally be control over a property for you to live in. The option contract gives you the right, but not the obligation, to buy the property in the future.

Can Woodworm Spread From Furniture Or Other Wood To Your House?

Woodworm won’t spread from furniture or other woodworm infected wood to your house timbers. Woodworm are larvae that hatch from eggs laid by the adult beetle in damp or moist nutritious wood. If the timbers in your home are dry, as they should be if live in a normally heated home, you won’t get woodworm.

Should You Buy A House That Has Been Treated For Termites?

It’s okay to buy a house that has been treated for termites, but only after an inspection to confirm the termite treatment was successful and the structural integrity of the house is sound. Most houses in areas where termites are present will require treatment at some stage so this shouldn’t put you off buying.

Can You Buy The Rental House From Your Landlord?

You can buy your rental house from your landlord if they are selling if you are able to afford the purchase. You may need to borrow part of the purchase price on a mortgage and you will also need a deposit. Your credit report must be in good order to get a mortgage to buy your landlord’s property.

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