Welcome to Home Relief Bulletin Board
Monday 27 August 2018
by the Property Team
Post No. 51
Home Selling –
Before Selling your Shared Ownership Home, Check the Rules
This week, our home advice to low income earners will be about home selling, in particular advice on selling your shared ownership or a new-build home. We will be focusing on the selling of shared ownership and of a property acquired under the new-build schemes as those who do not have enough money to buy a property would start from there unless they receive help from someone else.
Logically, most of those who cannot afford to buy a home outright may start by buying a shared ownership home or a council/housing association property or even a property from new-build schemes. For example, they may buy their landlord’s share or the housing association’s share. Then, they may try to sell the share to move step up on the housing ladder or just sell their share.
Regardless of the reasons that motivate them to sell, low income home owners can sell their properties or the share of the ownership home. However, before doing it they need to check that they are allowed under the shared ownership rules or lease agreement. If they are allowed, then they can proceed with it.
So, our Home Selling advice week to low income home owners planning to sell their homes will cover the following areas making the home selling process:
Checking the lease agreement when you first bought your home, contacts you need to make before you start the selling process, property valuation services, selling agents, home preparation, conveyancing services, managing offers, contracts, property questionnaires, moving out, completion and payments.
The contents of this week’s home selling advice are tailored to meet the demand of low income earners and owners who would like to sell. Although these contents will be restricted to their demand, we shall follow the normal home selling process.
At the end of this week’s home selling advisory sessions, we hope that prospective sellers would understand the intricacies of home selling and achieve the following three outcomes:
√ Knowing the highs and lows to face when selling your home
√ Pitching your home to sell to all prospective buyers
√ Understanding the rules of engagement when selling your home
Additionally, as part of this week’s advice we shall provide supporting resources and materials both in print and online to complement our work.
Need to sell your shared ownership home or just a home, work with Home Relief.
Need to know more about home-selling process as a low income earner, why not work with Home Relief for information, guidance and advice?
Home owners and sellers can consult Home Relief to discuss their individual cases, selling plans and the suitable options for them.
For more information about our property service to home sellers and landlords, please go to https://homerelief.co/landlords/
For properties to let, go to https://homerelief.co/property-search/
For weekly property news and updates, please read our weekly posts.
Thank you for reading this post.
We look forward to receiving your regular visits to Home Relief website and to doing business with you.
Home Relief – a freelance e-property agent that relieves your needs