Property Solutions to Sell Your House Fast For Market Value
You can sell your house before paying off your mortgage if you sell using a lease option, which means the mortgage remains in place. If your mortgage is less than your property’s worth you’ll still receive part of your equity. But if you’re in negative equity a lease option means you can still move.
If you’ve sold your house with nowhere to go you should step up your search for a place to buy, but at the same time find somewhere to rent. If you don’t find anywhere to buy before your buyers want to complete you should move into rented accommodation and continue your property search from there.
Unless you have necrophobia there’s no reason why you shouldn’t buy and move into a house someone just died in. You might find it’s a way to grab yourself a bargain, as the research suggests that over a third of people wouldn’t buy a house where someone died, which will affect the property’s value.
You should only buy a house with a north facing garden if you love the house and you’re happy that the back of the house will be in shade and cool. The sun doesn’t rise directly to the east and set exactly to the west and in the summer it will get high enough to clear the roof of your house.
OIEO Meaning: OIEO is an abbreviation of the term Offers In Excess Of. Which actually means the vendors would like to receive offers in excess of the listed price.
It’s usually the buyer who organises a survey when buying a house in England and Wales, but in Scotland it’s the seller who organises it. However, if you are borrowing on a mortgage your lender will insist on a valuation survey that will check the property is structurally sound and free from damp.
