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Part-Exchange with new build
dingaling
Posts: 56
Forumite
Can anyone point me in the right direction for threads regarding this. I have searched but haven't found anything!
We live in a ex council house on the worst road in my town! We have been on the market for 4 weeks but our estate agents say that the trouble in getting people to view is the road its on.
One of our options is part exchange. Has anyone got experience of it, is it worth it? What are the down sides, would you do it again etc? How low do they go on the house price for your house?
We live in a ex council house on the worst road in my town! We have been on the market for 4 weeks but our estate agents say that the trouble in getting people to view is the road its on.
One of our options is part exchange. Has anyone got experience of it, is it worth it? What are the down sides, would you do it again etc? How low do they go on the house price for your house?
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Comments
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Can anyone help? I'd be so grateful:)0
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The only experience I have of this is quite a few years ago, when a friend of mine lived in a bad area, and the housebuilders wouldn't take a part ex on her estate as they wouldn't be able to shift it. Howerver, if sales are struggling on the new development you wish to buy on, they may accept you as it shows they are selling the houses, thus making them more desirable.Don't Panic - and carry a towel
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The only experience I have of this is quite a few years ago, when a friend of mine lived in a bad area, and the housebuilders wouldn't take a part ex on her estate as they wouldn't be able to shift it. Howerver, if sales are struggling on the new development you wish to buy on, they may accept you as it shows they are selling the houses, thus making them more desirable.
Thank you so much for your reply. I am thinking the same thing may well happen to us:(.0
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