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Part Exchange?
AnnaLMLH
Posts: 207 Forumite
Hi
has anyone got experianc eof part exchange on new builds?
its something we are looking at for towards the year end
the builders round here are strata, ben bailey, taylor wimpey and barretts
did you get reasonable part exchange offers etc?
we have never done an exchange before but it looks like possibly the right way for us, (obviously no agent fees so we could mentally deduct that from what we know the house to be worth )
the house was valued at 127900 last year but i think the agent was deluded and 119000 is the max going on property sales
houses we like are around 212000
thanks
has anyone got experianc eof part exchange on new builds?
its something we are looking at for towards the year end
the builders round here are strata, ben bailey, taylor wimpey and barretts
did you get reasonable part exchange offers etc?
we have never done an exchange before but it looks like possibly the right way for us, (obviously no agent fees so we could mentally deduct that from what we know the house to be worth )
the house was valued at 127900 last year but i think the agent was deluded and 119000 is the max going on property sales
houses we like are around 212000
thanks
DFBXMAS15 £6600/£6600 100% #143
0
Comments
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Builders will overvalue a px rather than discount their new build as this doesn't impact the 'value' of their product. So aim for as high as price as you can for your px house.0
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They certainly do not like part exchanging anything complicated - flats/leasehold property etc.
They will hardly ever give you any discounts or incentives with a P/X0
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