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More and more people with a second home, buy-to-let or other investment property are doing their sums and deciding that their money would be better invested elsewhere for the time being. For them, securing a quick property sale is the key to maximising their returns.
The early bird catches the worm. Time is money. You snooze, you lose. The language of business is full of sayings that all add up to one thing: the faster you are, the more money you stand to make.
Market conditions favour quick property sale
High interest rates have made buy-to-let a fairly unappealing investment – but make holding your money in cash more attractive than it has been for years. Factor in the stock market's volatility over the last six months, and it's no wonder the phrase "cash is king" is increasingly becoming the smart investor's mantra.
Equally, many others see the recent stock market falls as a buying opportunity, and say that with house prices set to grow by perhaps no more than one per cent in 2008, and possibly even fall, investing in shares could deliver the stellar returns the housing market has done over the last decade.
Get the quick property sale or lose out
Either way, the argument runs that holding your money in bricks and mortar when the housing market is stagnating is in effect to lose money. If you can either cash in – literally – or switch your investment to the stock market, you'll be better off. Holding on for a higher price that might never come is, in effect, to make a loss.
Most of the successful players in this particular game will be the fastest. To maximise the benefits of high housing prices and low share prices, you need to be able to move your money as fast as possible from one to the other. You might not be able to sell your house for as much tomorrow; that profitable share portfolio might be more expensive.
Quick property sale the smart play
Therefore, securing a quick property sale is the smart play for many second-home owners. Even taking a small hit against what you believe to be the property's true market value is worthwhile if it puts you in a position to act fast and snap up other investment bargains.
Buy-to-let has virtually been the only game in town for several years – but with a quick property sale, many people are moving to a different table. A quick property sale means the odds are going with them.
Get a quick house sale with The Smarter Choice
The Smarter Choice is a company that's dedicated to helping you to sell your house. We're available 24 hours a day, seven days a week, and we try to ensure that you get a written valuation for your property within 48 hours of your enquiry. We offer a guaranteed, stress-free sale for a fair cash price. Call us FREE on 01632 960543 now or use our online enquiry form and we will get in touch with you as soon as possible.