subject: Time To Trade Home [print this page] Many people have been waiting patiently to sell their home for what seems like an eternity. Property values are staying flat or, in most cases, are dropping. Buyers are reluctant to purchase properties if they believe prices will not rise or may drop further in the short term. This situation creates a paralysis or freezing of the real estate market. Caught in the middle are real estate agents who used to be able to move a property within a month or two, but who must now sit and twiddle their thumbs while all of these effects take their toll. On the outside of this scenario are investors who would normally be finding a steady supply of viable real estate to trade in, choosing to seek other avenues for their money.
The idea has finally come to light that a trade home transaction may be the best way to move property in these turbulent economic times. It may very well be a sign of these times that people are returning to the tried and true methods of exchanging goods - the barter system. Funding methods of the past have become so volatile that many people have given up waiting for the financial system to right itself, and have discovered that what has worked before can work again.
The concept of a trade home transaction is nothing if not simple and practical. A homeowner who needs to sell their home before they can even think seriously about looking for a new home to buy can now find sellers who are in the same position. Voila - a deal can be made. Nobody has to wait while listings are sorted out, equities are verified, funds are cleared. The value of each home in home trade transactions are their own selling point. Any person can verify the value of a property they are interested in, simply by dealing directly with the seller of the home.
This is the safest, surest, cleanest way to get out of one home and into another. So many potential transactions have fallen by the wayside lately, as deals fall through because funds arent available or because buyers get cold feet. Now, with the use of a trade home transaction, both parties can know for certain that their home will be legitimately taken over.
This is only possible because people are using the Internet to its fullest capability. There are now reputable websites that can help all parties concerned find either a buyer or seller, since funding snags are not a problem in a trade home transaction. As long as a title is free and clear, a swap can be arranged. In essence, the buyer is the seller, and vice versa. Its as simple as it gets. The terms can be agreed on, the escrow can be set up, and the deal can be closed.
by: Pan I
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