RPC

As the economic ambiguity, economic pressure and doom and gloom outlook brings an increased number of sellers into the property market, we have started to see more and more of “below market value” property listings. When you manage to find a seller who is looking for a quick sale on his/ her properties, there is a an opportunity to negotiate for a good price from the seller. But first, you have to understand, why do people sell property below market value?

Are you ready to tap into the below-market properties? It has been noted from past data that during the down cycle. The levels of mortgage delinquency are the highest. Should you or could you profit from those struggling with high mortgage stress or financial stress? If a purchaser is experiencing difficulty paying their mortgage for one reason or another – generally retrenchment, emergency funds needed to settle medical bills, divorce; the list goes on, there’s a better than even chance that theyll accept a low-ball price simply they can walk away from the stress and start afresh.