Property investors: It's deal o'clock

photo credit: Dr.B graphix

The big hand is pointing north west, and the little hand has just struck investment opportunities as Mcdermott Homes is launching a ground breaking new initiative aimed at restoring confidence in the housing market. The innovative developer has decided to rent out stock properties so that serious buyers can have a try before they buy.

I would imagine that for most homeowners it wouldn’t be possible to take up the offer, and the same is true for property investors unless they can sublet (surely not?). So it’s an innovative offer to first-time buyers.

Maybe Superman will save them…

If McDermott homes were not on your radar before it might be worth making sure they are now, as this sounds like a mayday signal if ever there was one. I maybe way off beam here, and it could be possible that the innovative developer is trying to restore confidence to the property market as a whole, in a property developers meets superman style.

Another possibility is that they have stock that they have so far failed to sell and so are doing what they can to weather the storm. So if you are in the market for a property investment with a discount, it might be worth picking up the phone and having a chat.

It costs nothing to be nice

I don’t want you to get the wrong impression here. I’m not suggesting that you p*ss off to the North West and rape and pillage leaving McDermott Homes with nothing but scorched earth. I’m also fairly sure that they wouldn’t let you. I’m equally sure that they would be accommodating to any sensible offer.

 On the other hand, I could be completely wrong and the chaps are simply trying to save the world.

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