A Step By Step Guide To Selling Houses At Auction

April 24th, 2011

To sell house at auction, first of all you have to get an auctioneer. A good auctioneer is important to get a good sale since they have to attract bidders and increase the price they are willing to offer. When looking for an auctioneer, remember that established companies will more likely have a long list of prospective buyers and this means that the more people can see the details of your property, the higher chance of selling during auctions.

After getting an auctioneer, you will decide together for your property’s reserve price which is also known as the minimum price you are willing to accept for the property. You also have to specify the guide price of the property. This may be different from the reserve price but will provide potential bidders idea of how much the property can be sold. The key is to make this low to make more people interested in the auction but keep it realistic so that bidders can keep up as the prices increase during the auction.

Advertising and marketing of your property will begin weeks before the actual bidding. A catalogue with details of the property will be created which includes information about viewing arrangements. Prior to auction, prospected buyers must view the property, done in a block basis. It is easier to set up and more advantageous in creating competition before the auction. Also, be informed that some people may like to survey first or visit with architects with them.

Viewing can be done with the auctioneer’s staff or all by yourself. You may have to arrange it with tenants if you have them so that the property can still be viewed. Though there are sellers who decide to keep the property vacant before the auction. Take note that if you do not agree with viewing, you will have lesser chance of selling the property.

Offers can be placed by auction buyers on your property the day before the auction. You can definitely accept one of these offers and you can decide right away if you really need to sell your house fast to meet your needs. And this may be the defining factor of how well your property will be during the auction. The auctioneer will inform you about the offers along with some advise to see if the offers are anything near the guide price. As you wait for the auction day, you increase the chances of aggressive bidding which might lead to increase of offers made. Make sure to check your options and then decide what is suitable for your demands.

Most auctions happen in a bigger place or function halls and most people find it an exciting experience. You may find it awesome to be there if you are also participating in the bidding though it is not a requirement to attend the bidding.

When your lot is up for sale you may show it with a photograph together with the description which will tease bidder’s taste depending to the auctioneer. If you were able to sell the property that day, the buyer is mandated to pay the 10% deposit right there. This is practised to lessen the chances of backing off and this way of selling a lot is more definite than the usual approach.

If by any chance, your property was not able to reach its reserve price and no one buys it in the auction, one option is to start a deal with a buyer after the lot ended up with a price less than the reserve. This ensures that a deal will still continue and the auction house’s rules and regulations remain.

The buyer is also given the legal pack or directed to buyer’s solicitor who will coordinate with your solicitor. The buyer is required to complete the balance within 28 days to settle the agreed amount. If the purchaser was not able to do this, they will lose their initial deposit and may be required to pay you for incurred losses due to unsuccessful sale. This is the edge of auction sales than those in the open market.

What Are Your Option For a Quick House Sale?

March 1st, 2011

Are you wondering how it is possible to achieve quick house sale uk even if the housing market is down? Home sellers and house buyers know the secret. It is simply seeking help from companies who provide online services to sell a house fast. They provide quality service especially during relocation, repossession and divorce. They help home owners to deal with financial challenges by making sure that they can sell their properties in the market.

Online house specialists can help you sell a house fast. They can look for sure buyers and even improve the condition of your properties before selling them. Physical condition of your house really matters so you must pay attention to it. Online estate agents are the experts in house selling so they can provide you with the best housing solutions. They are usually affiliated to house buying companies online and they are easy to find.

People in United Kingdom refer to property investment guide to make sure that they are investing on the right properties. Reviewing the posted guidelines and checking the tips from time to time actually yield good result. Successful property investors usually use foreclosed properties and rush houses for sale for their own advantage. They become more knowledgeable through experience and by reading the useful information in online guidelines and applying them. You can also be a property investor just like them.

Are you having difficulties selling your properties with a negative equity? Do you find it challenging to find the best estate agents who can assist you with your housing problems? If you are looking for a company that can help you sell your house fast no matter how much is its real worth, try searching online for the reputable property acquisition companies. They have good customer feedback for they are the best in resolving issues of home sellers.

How to Increase Profitability With a Commercial Property Agent

May 22nd, 2010

Are you one of the businesses having trouble finding customers during this slow economy? Many companies are considering subletting or moving their current office or warehouse space in an effort to increase profits from the lower sales volume. If you are an owner of a business facing these decisions you will need a good commercial property agent to help you research and find suitable space.

Running the day to day operations of a business is very demanding, add the stress from the current market conditions and finding the time to research the many cost saving options available to you just seems impossible. A commercial property agent can do all the leg work for you, and then when the perfect space meeting your requirements with the right lease options is located, all you have to do is go and look at it, saving you hours of research.

A commercial property agent has the training, tools and experience to find you the right properties to view for your needs, once they locate a property that meets your requirements they will be able to put together a preliminary proposal for you to present to the building owner or manager. One more way a commercial property agent helps you stay focused on keeping your business on track.

So whether your goal is to increase profitability and efficiency, reduce operating expenses or improve your company image, relocating to a new facility may be the way to achieve some or all of these goals. You may want to contact a local commercial property agent and see what options you have to improve your bottom line over the next few years.

If you would like to learn more about how a commercial property agent may be able to help you click here http://www.1cheapbastard.com/RealEstate for building owners who need to attract tenants for their buildings with excellent marketing materials click here http://www.1cheapbastard.com

Advice For Tenants Renting a Property

June 24th, 2010

With house prices in the UK still high and mortgages requiring ever higher deposits, renting is fast becoming the norm for many people. Many young people such as students or those that have recently graduated may already be used to renting. Others however, such as those that are moving with their jobs, or recently divorced, are looking to rent for the first time.

Choosing a property A key issue for most people is location. Access to work is the usual priority. Other things to consider may be: proximity to good schools, shops and amenities, a safe area, off street parking, town or rural location and many others. There are many rental properties available in most areas so to save time and start narrowing it down, it is a good idea to make a wish list of the key things you (and any partners) are looking for in a property. Note which items are “must haves” and which are more flexible.

The next key item is the price. To calculate your budget for rent remember that as a tenant you will normally be responsible for the Council Tax, all utility bills and any services such as phone, broadband and sky or cable etc. It is also worth considering rent to buy as another possibility.

Once you know the location and your budget you can begin the search for a sell house fast. This is far easier than it used to be. You no longer have to trawl around all the letting agent offices looking in their windows. The arrival of property portals such as rightmove and propertyfinder means you can search far more efficiently, for the exact criteria you need, right from your office chair or sofa. Most portals allow you to search by price range, location and property type. Most agents advertise on at least one of the main portals and you can often email all the agents in the area at a press of a button with your requirements. Registering your requirements will mean you should get an instant update as soon as something suitable comes available.

You may end up with a long list of suitable properties, since many peopole are looking to sell property quickly in the current market. To narrow it down it is worth contacting the agent to ask a few more questions. Inevitably there may be something missing from the advert that you may want to know. There is no point wasting yours or the agents time viewing the property only to find for instance that there isn’t any parking when it is once of your key requirements.

Once you have narrowed down the list of properties, it is time to arrange a viewing. I would recommend no more than 4-6 properties. We often have people with a list of 10 or more to see and they have forgotten what the first one looked like by the time they see the 5th or 6th. If you have asked the right questions and done your research thoroughly you should be able to find what you are looking for without spending hours visiting too many.

Negotiating the contract When you have found your ideal property it is time to make an offer. Some landlords are willing to accept a reduction in rent if you are willing to sign for a longer period of time for instance. Renting is not like buying, however, the rental prices tend to remain stable or increase year on year so low offers may be rejected. You should also receive a copy of the proposed tenancy agreement before you apply and should read it carefully before applying and discuss anything you are not happy with or do not understand with the agent.

Moving in A good agent should check you into the property and go through the inventory, taking note of the meter readings etc. The inventory is a key piece of evidence in any dispute over the damage to the property etc. Therefore make sure it is accurate and preferably backed up by photos. If one is not provided you should make your own and take photos on the day you move in.

Remember to cancel any utility accounts at your old address and use the post office forwarding service for all mail.

During the tenancy. Some landlords manage the property themselves during the tenancy and other employ the agent. Either way you should receive information on who to call if there is a problem. Some everyday issues like replacing light bulbs and washers on taps will be the tenant’s responsibility, larger issues such as the heating breaking down will be the landlords and you should contact the responsible party as soon as a problem is noticed.

End of the tenancy In order to make sure you receive your deposit back, you should run through the inventory and check everything is back in the original position and the property is thoroughly cleaned throughout. It should be in the same condition as when you moved in (allowing for some wear and tear).

Alternatively it may be worth considering a sell and rent back option.

You deposit should legally have been submitted to one of three government regulated schemes and the agent or landlord should have given you details of the registration at the beginning of the tenancy. In the event of a dispute, the schemes provide a free arbitration service.

Sell House Fast, 0800-1313007, Bury Lane, Rickmansworth WD3 1DS, UK

GBP £375 Upper Montagu Street, Marylebone, London W1H

March 1st, 2011

A well proportioned one bedroom flat to rent in Marylebone, on a quiet street with easy access to Baker Street station and Marylebone National Rail.

Situated on the third floor, the apartment boasts wooden flooring and resident parking. The living space comprises one double bedroom, one bathroom and open plan reception/kitchen. A perfect property for those looking for convenient transport links to the rest of London.

Available now on a furnished basis through Knight Frank Marylebone.
Latest Properties in Central London – Lettings

Foyles set to relocate to St Martin’s School of Art

March 1st, 2011

Foyles is to relocate its world famous Charing Cross Road bookstore 15 yards down the road to the redundant Central St Martin’s School of Art.

Property Spotlight: No.5 Maddox Street

March 1st, 2011

Stay at No.5 Maddox Street when visiting MayfairWhen you visit London you can’t help but think of the prestigious Mayfair area. It is known for high end shopping experiences, fashionable restaurants and generating an exclusive way of life. So when you visit London, make sure you make it as stylish as possible and stay in a Refresh Accommodation Mayfair apartment like no.5 Maddox Street.

There is so much to do and see when in Mayfair; take a gentle walk through Hyde Park, visit the exquisite Serpentine Gallery, take walk down Oxford Street and enjoy some shopping, or take in the sights of Marble Arch and Kensington Palace. Mayfair is also the most important retail shopping district, with streets filled with an abundance of high end and high street stores.

Nearby:

•    Harrods
•    Wellington Arch
•    Hyde Park
•    Buckingham Palace
•    Buckingham Palace Gardens
•    Serpentine Gallery
•    Kensington Palace

No.5 Maddox Street is situated in the centre of London, just off the famous Oxford and Regent Streets. Nearby you can find yourself along Carnaby Street and Bond Street as well, which caters to every taste in food, fashion and bar. View our Mayfair Area Guide for useful information about local travel, dining, attractions and more.

There is a range of superior suites, executive suites, deluxe suites, terrace loft, Mezzanine loft and three bedroom suites that cater for any requirement and need. Whatever you require from a London serviced apartment you can find it at No.5 Maddox Street in Mayfair.

Other Property Services:

•    Complimentary membership at private gym
•    Personal safe
•    Private kitchen and dining facility
•    Air conditioning & individually controlled heating
•    Work station
•    Secure Entry System
•    Luggage Room
•    Flatscreen TV with Satellite/Freeview & DVD player
•    CD & DVD Library

No.5 Maddox Street, situated in the prime London location of Mayfair is perfect for those who will be visiting London either for leisure or business. For further details on the apartment contact Refresh Accommodation today, specialists in London serviced apartments. For your free consultation contact us on 08456 8000 80.

GBP £3,750 Rutland Gate, Knightsbridge, London, SW7

February 27th, 2011

A particularly special second floor lateral flat to rent in this popular Knightsbridge Square. The flat has a wonderful west facing terrace some 22′ X 22′ and lovely views over the gardens. Located close to Hyde Park and within walking distance of the international amenities of Knightsbridge. Three double bedrooms, three bathrooms (two en suite), Drawing room, study, kitchen/dinning room, west facing roof terrace, east facing balcony, lift and porter. Available now furnished for a long let.
Latest Properties in Central London – Lettings

Property Spotlight: 130 Queensgate

February 27th, 2011

130 Queensgate the perfect accommodation when visiting South KensingtonWhen you visit South Kensington you can find yourself in an area filled with charm, history and culture. It is home to many prestigious designer shops, the Royal Albert Hall, The Natural History Museum and many restaurants, bars and cafes.  

There is so much to do and see when in South Kensington; in close proximity you can find the infamous Hyde Park, where you can enjoy a gentle scroll and pop into the glorious Serpentine Gallery. If shopping is more your forte, Sloane Street is your fashion heaven; you can find such designers as Marni, Kenneth Cole, Kenzo, Gucci, Giorgio Armani and Gianni Versace. Gianfranco Ferre, Alberta Ferretti, Dolce & Gabbana, Emilio Pucci and department store Browns can also be located along Sloane Street.

South Kensington is an extremely prestigious area of London to visit and with Chelsea, Mayfair, Earls Court and Victoria all in close proximity you will never be short of things to do.

Nearby:

•    Serpentine Gallery
•    Royal Geographical Society
•    Science Museum
•    Victoria and Albert Museum
•    Hyde Park
•    Royal Albert Hall
•    The Natural history Museum

130 Queensgate is situated a five minute walk from the tube station, located in the heart of South Kensington. On your doorstep you will find museums, shops, restaurants and attractions, which make 130 Queensgate such a prime location and a high in demand London serviced apartment.

There is a range of studios, one to four bedroom apartments and penthouse suit that will accommodate for every person/s. Whatever you require from a London serviced apartment you can find it at 130 Queensgate.

Other Property Services:

•    Maid and linen service
•    Property reception
•    24 Hour Reception
•     TV & DVD player
•    Concierge services
•    Laundry service and dry cleaning
•    Babysitting services
•    Luggage room

130 Queensgate situated in the prime London location of South Kensington is perfect for those who will be visiting London either for leisure or business. For further details on the apartment contact Refresh Accommodation today, specialists in London serviced apartments. For your free consultation contact us on 08456 8000 80.

GBP £550 Ladbroke Square, Notting Hill W11

February 26th, 2011

A light fourth floor flat with lift and stunning views over and with access to Ladbroke Square communal gardens situated close to Notting Hill with the Central line to the City.
Latest Properties in Central London – Lettings

US money manager forms Helical Barts jv

February 26th, 2011

Helical Bar has formed a joint venture with US money manager Baupost to buy a giant City of London site at St Bartholomew’s hospital.

GBP £625 Charlotte Place, Marylebone, London W1T

February 24th, 2011

A beautifully designed split level one bedroom apartment to rent located within the heart of Fitzrovia. Located on the lower ground floor, the apartment consists of a reception room, double bedroom, bathroom and modern kitchen and also benefits from a lovely roof terrace. Available furnished or unfurnished for a long let from April.
Latest Properties in Central London – Lettings