When we change cars all that matters is how much it costs to change. The value of our old car is not important. When it comes to houses, some people seem to find using the same principle difficult.
Nobody likes to think that their house has gone down in value, but reducing the sale price doesn’t have to mean that you’re out of pocket. Re-assessing the value of your house could net you the home of your dreams.
If your new dream home is available at £150,000 and you think your current home is worth £100,000 then the cost to change is £50,000. If you get an offer of £95,000 don’t immediately dismiss it. What if the seller of your new home would accept £145,000, then the difference is still £50,000.
Discuss this with your estate agent and ask them to see if a deal, acceptable to both sides, is possible. Sometimes, the difference can be passed two or three links up the chain meaning that everybody gets to move.
That’s why we are here, to explore all ways of making things happen so don’t always assume your dream move is impossible. Contact Thelma on 0191 4875330.