In
a dull market scenario, finding the right buyer for your home may look like a
daunting task. But, don’t be disheartened that you are not able to grab a good
deal even after spending a considerable amount on the renovation. There are
other alternatives that can be focused on when the property is not selling.
Check
out the list of things to do when your home is not selling
• Rent it out – Renting the property will
bring in monthly income as well as ensures that the property is well maintained
until it can be sold. However, it is also vital to ensure that proper
verification and checks are conducted before finalising the deal.
• Wait for the opportune time – Waiting for
the right time to sell your home might bring in a favourable deal. Festive
seasons are considered one such opportune time for property selling as people
look for auspicious days to buy a home.
• Mortgage - If in a financial crisis,
mortgaging the property is ideal to raise the necessary funds. Compared to the
house lying vacant without fetching any returns, mortgaging makes a useful
alternative.
• Property analysis – It is also recommended
to analyse factors like property price and marketing strategies to grab a good
deal. Evaluate the property on the basis of location, size, age and maintenance
and decide an appropriate selling price which is justifiable.
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spaces at 4.99% home loan. The project named Ladder Mankav Greens, luxury flats in Calicut, is built according to international standards and is a prestigious
address in the heart of Calicut city.
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