DON'T REGRET IT - GO AND GET IT!
Over the past few months the market has changed, suddenly we have ready willing and able buyers registering with us for new stock coming to the market. However we keep hearing – “We liked a property but unfortunately we were too slow in making a decision or we lost out because someone paid the asking price”. This shortage of stock that we have widely reported on over the last year is not going to change anytime soon yet still we find ourselves letting buyers down because they have missed out on that excellent opportunity to purchase their ideal home. Here is my advice on how to ensure it doesn’t happen to you:
1. It is imperative that you have full knowledge of your financial affairs before arranging viewings on a properties, this will give you the confidence required to offer early if you find the property of your dreams.
2. Be prepared regarding the process of buying in the Isle of Man - as local property experts we are here to advise accordingly, if you are to taking the first steps by organising viewings call us and we can talk you through the process from start to finish.
3. The market has changed and transactions are now plentiful, as property experts we know the market, surveyors also know market values and banks are seemingly happier with lending – new stock is priced correctly – when it comes to offering do not miss out on that perfect home because you have been advised to offer x% less” – this is not how it works; if you like a property and can afford it then buy it – you won’t regret it.
4. Once you have an offer accepted and finalising your finances start to get quotes from Advocates for the conveyancing, then you will be ready to instruct an Advocate when your mortgage offer is agreed – it can take weeks off the sales process and would put you in good stead with all other parties involved.
5. Finally; if at any point during the process you have any queries or looking reassurance often associated with buying then call your agent to put your mind at ease. Cowley Groves love to hear from our buyers on a regular basis, it gives us confidence when regularly contacting our Vendors with updates – its why we make ourselves available 24/7 – we’re here to guide you through what can sometimes be a stressful experience.
If you follow the steps provided you will not go wrong.
Don’t REGRET missing out on your dream home GO AND GET IT!
Mark Canty
Director
