If people are going to stay out of the property market then this is good news. This means that if anyone is mad enough to put their property on the market they must be desperate.
Say good bye to first time buyers as they are waiting.
Say good buy to the novice investors as they believe the hype and believe property investment is a short term investment.
Say hello to home owners who have got themselves in to a bit of financial trouble and are doing the wise thing of offloading their property before they go bankrupt.
Say hello to the novice landlord who is selling out as he cannot afford to keep propping up the shortfall of rent against the mortgage payment.
And say hello to me and my clients! We want your properties. But at real knock down prices.
Rents are rising.
Property is becoming cheaper.
Yields are rising.
This all means increased monthly profits.
We have changed the way we offer on properties now and we are bidding 18% below the asking price and structuring the deal at 18% BMV. If you a client of ours you will now get contacted by either Ian or Mike who you would have already spoken to initially.
They will go through the property with you and talk over the report you will get sent to you in your email inbox.
Again please be patient. Most want no money down high yielding deals. We are finding them but it requires a lot of cooperation from the selling agents, vendors etc.
As you are well aware the majority of our fee is earned on how good of a deal we find you so trust me we are looking in every nook and cranny.
Speak soon.
Ajay
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