Renters Could be Your Purchasers
February 02, 2009 | admin | Comments 0
Are you in the situation where you need to be quitting a property?
With the new first home owners grant many first home buyers are looking to buy. Rents have risen so much that the difference between the rent they pay, and what they would be paying for a mortgage is quite minimal.
Before you go listing your investment property for sale, approach your tenants and see if they would like to purchase.
If you can do a private sale you will save thousands of dollars and so too will the purchasers. It could be a win win situation for you both.
This may be the answer if you are having short term financial stress.
Filed Under: Investment Strategies
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