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May 13, 2008

New Homes End Of Year Bargains

030614 You get a lot more than you bargained for. London
Creative Commons License photo credit: ScorchamacHello there all you property investors. This is just a quick note to remind you to go and make a cheeky offer on that new house or apartment that you’ve had your eyes on. So taks a look at stock new homes for sale now.

As property developers approach their full or half year at the end of June they will want to make the figures look as good as they possibly can. So why not get out there and do your bit – for the property industry and seek out investment opportunities.

There’ll be bargains galore to be had. So here’s a quick check list so that you’ve got all your ducks in a line.

  • The property – you’re looking for a stock unit that the developer will be happy to off load. Just because it’s stock, it doesn’t mean it’s no good.
  • Finance – You need a good mortgage broker who can be relied on to get the mortgage through on time. Remember – most developers will only agree a killer deal if you complete before the year/half year end, and not a moment later.
  • Conveyancing – You need a great solicitor, because you need to complete right on the nose.

If you’re flush with cash and don’t need a mortgage, you can bide your time right up to the end of year. You’ll still need a solicitor who can push the deal through on time, but the closer you leave it – the better the deal.

Check with your mortgage broker and make sure that you can deliver before going for the deal of the year.

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