Taylor Wimpey 100% Part Exchange

scottishlass1979

Hi

Has anyone done a part exchange with Taylor Wimpey? They are offering 100% pe based on the home report that they undertake, my concern is that they will produce a report under the value that we believe it to be.

thanks

Edwina

stator

Or the new builds are massively over priced and they can't sell them, so they want to swap them for a house that they can sell.

G_M

So get 3 estate agents round yourself so you can compare valuations. Remember EAs often over-value in an attempt to get your business, so ask them specifically
* what they would market at and
* wat they would realistically expect to sell for


Also look at recent sold prices for similar properties in your street.


Trying to sell a £X00,000 asset without yourself having any idea what it is worth is just asking to be ripped off........

scottishlass1979

you are both right! i have had valuations plus i know what my neighbours home report value was, so I know exactly what I expect from them. Just curious to see how close to their promise of '100%' home report actually is!

AnotherJoe

The only thing that matters, same as when p/ex'ing an old car and buying a new one, is the price difference, the "cost to change".
Focus on that, not the price for your house or the price for the new one.

kingstreet

Is it the builder or the chartered surveyor who will produce the home report you suspect will attempt to commit fraud?

harz99

G_M wrote: »

So get 3 estate agents round yourself so you can compare valuations. Remember EAs often over-value in an attempt to get your business, so ask them specifically
* what they would market at and
* wat they would realistically expect to sell for


Also look at recent sold prices for similar properties in your street.


Trying to sell a £X00,000 asset without yourself having any idea what it is worth is just asking to be ripped off........

I've always asked a 3rd question - how much could we achieve for a quick sale?