Property Solutions to Sell Your House Fast For Market Value
You should only buy a house near power lines or pylons if you accept how they look and with the still unconfirmed risks associated with electrical magnetic fields and links to cancer. Some studies show links to childhood leukaemia which will put buyers off and some don’t like the look of powerlines.
The best advantage of being a cash buyer is you can often buy property for less, as it gives you the power to put in cheeky offers. Buying property for less than a chain-locked buyer means you’ll have more equity in your house, you save on buying costs, and you save huge sums on mortgage interest.
If you live within one to two miles of a motorway or a major road, you will still be able to hear a steady hum of traffic noise. The level of noise will be affected by the time of day, if it’s been raining, the topography of the land between you and the major road and the prevailing wind direction.
You should only buy a house next to a motorway if you love the house, you are content with the background noise by living near a fast road and the purchase price reflects its location. You may also want to consider the pollution factor and of course the resale value in the future.
There is no difference between property terms “Under Offer” and “Sold STC” (Sold Subject to Contract) as they really mean the same thing. Estate agents will use these terms interchangeably and they both mean that an offer has been accepted by the vendors, but that contracts have yet to be exchanged.
If you get your timing right you can negotiate up to 20-30% below the developers asking price of a new build house. But this depends on the property’s location and the strength of the housing market. If you can move fast and it’s the last one or two houses left, the more chances of haggling more.
