Reasons why a property might be for sale
Posted by Steve Harmer on
It is important to determine the real motivation for the owner wants to sell the property. This will assist you in knowing how to negotiate in terms of your offer price and terms and general strategies. The motivation for sale could be a positive or negative one. If the vendor is selling in a buyer’s market, be particularly thorough in finding out why the vendor is selling in a market that is clearly disadvantageous in terms of the negotiating climate and eventual sale price.
Why Principal Residence Properties Might Be For Sale
- Separation or divorce.
- Death of owner or co-owner.
- Loss of job of principal wage earner or of one of two wage earners, when two wage earners are necessary to pay for the home expenses.
- Job relocation.
- Ill…
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