Every property has a true value, which may or may not always reflect the valuation, an estate agent can provide.
Buying 'Below Market Value', means purchasing a property at a price that is below the TRUE value.
Now, despite the 'asking price', which is exactly what it says on the tin (and often over priced, due to unrealistic expectations), we are far more interested in the actual registered purchase prices as, "A property is only worth, what someone is prepared to pay.".
So you might be wondering why somebody would sell their property below the asking price or even below the true value? Well this could be for a number of reasons.
Examples of why a property would sell Below Market Value:
1. Home owner needs a quick sale due to relocation
2. Home owner needs a quick sale due to their property needing renovations
3. Unfortunately, divorce settlements
4. Unfortunately, probate
5. Many other motivators can be involved
So how do you find a property which is Below Market Value, to add to your portfolio?
This is where we come in!! We specialise in sourcing BMV property deals across South East London. So why spend your time, searching the market for OFF-Market deals, when we could take care of the leg work for you and allow you to spend more time/focus on investing?
Copyright © 2024 Property Pears Sourcing Ltd - All Rights Reserved.
Powered by GoDaddy