Archive for the ‘We buy houses’ Category

5 reasons why a Property Buyer will Purchase My House

Friday, August 27th, 2010

You have heard it right; a property buyer will purchase your house even if it is not in a good shape, it is going to be repossessed or it is tenanted. They will not take any advantage of your situation and pay you the right price for the property.

If the roof of the house is leaking, flooring is not in a good condition, the walls badly need painting, window sidings are torn and moldy – you do not need to renovate it before selling. A property agent may ask you to refurbish the house and fix all the problems, but a property buyer will never ask you to repair the house to get good price.

Now the question is why a home buyer will purchase my house?

The answer is simple: it is their business. Cash buyers purchase properties, renovate it and then either sell it off or rent it out. This is the business model they are following; hence they need more and more houses in their network. Rest assured that they will agree to buy your house irrespective to its condition and legal status. If the house is going to be repossessed, a home buyer will still be interested to buy it.

When a cash property buyer says “we buy houses” they really mean it. With economic slowdown finding a buyer is a bit difficult; but you can always find a cash home buyer in the city. Many national level companies have their branches in the cities and towns in UK. You can get in touch with them to know your options. A reputed company will never force you to work with them; fill out the no obligation form available on their website and talk to the representative to discuss your situation. Apart from some standard solutions they offer customized plans to cater to your specific needs as well.

Lebanon Properties Hot Despite Global Financial Crisis

Saturday, October 31st, 2009

The Global Financial Crisis may have devastated real estate prices in Dubai, causing a 48% fall just this last year, as well as causing serious drops in other countries, but one place that is seeing increased prices is Lebanon.

Lebanon

Lebanon

The head of the Order of Engineers in Lebanon has predicted a growth in the real estate sector of 10% to 15% per year until 2013. The reason for this is the influx of Lebanese expats and other Arab investors seeking a piece of Lebanese real estate. Many of these expatriate Lebanese had spent years in other Gulf states, Dubai especially, but many have now moved from the UAE to Qatar and Saudi Arabia, where job prospects are now better, or back to their home country to purchase a property there.

In 2008, transactions accounted for $4.3 billion dollars in Lebanon property, with most of the action taking place on small- to medium-sized properties in Beirut or Mount Lebanon. However, real estate brokers are not too surprised by the effect of this expat activity given the small size of the country compared to the population. If land and property is at a premium, prices can be significantly affected by a relatively small shift in the population either way, or just by the actions of speculative investors.

Property prices per square metre in Beirut are twice the national average, at $1,600, and most sales take place on properties between 150 and 300 square meters. It is also projected that the market will be given a further boost by recent incentives given to commercial banks by the Lebanese Central Bank to offer house loans at very competitive rates.