Monday, 24 November, 2008
Opportunities exist in this current property market
I am working with some clients at the moment that were initially looking to sell their current home and upgrade to a larger home to match their growing family. They didn't have not had any luck selling their home (at the price they felt it was worth) so were feeling dismayed about not being able to move in to a larger home.
With the drop in interest rates and taking in to account what they could rent their current home for in the current market, it turned out they are able to buy the larger new home and still hold the current home. They are now really excited at the prospect of bing able to buy a great home that they couldn't have afforded before due to its price coming down and holding their current property to sell in a few years time when the market picks up.
They did their sums and are turning the current financial doom and gloom in to an opportunity.
Labels: sydney property market, buying a property
Posted by Admin at 9:31 AM 0 Comments
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