If we look at the real estate scenario, it is surely a tough time, primarily because of the high rates of interest for home loans, and even if one has good investment in banks, it can be difficult to secure a home loan with a favorable interest for repayment.
And yet there are people who are looking forward to selling their property in these times. Is this the right time for such a decision? There are many people who might this that it is a bad decision, however, real estate experts think otherwise and say that much of the talk about slump in real estate is exaggerated and overstatement of facts and figures.
Just for instance, there’s no doubt that price points of affordable houses are no longer moving upwards, when compared with the exponential growth experienced couple of years back. But at the same time, there are many places in the country where there is no such price downslide as it is being talked about.
On the other hand, this whole talk of down-sliding of real estate business is also opening up new opportunities in front of people who wait for such opportunistic times and buy properties when the market scenario is down.
How to win in this situation?
It is always advisable that you put your property sale related opinion in front of the experts or consultants and discuss your options, this way you can be sure of winning even when the times are not good. And as you will be approached by buyers, you can decide when, is the right time to sell your property, making sure that you get the best price with the help of good marketing and advise from your property consultants.