Members I just want to some opinions about when is the best time to sell my home. I have gained state sponsorship (475 subclass). We lodged our main visa application last month and planning to conduct our medicals and police clearance sometime in the near future. With the Housing crisis at the moment, do you think its worth putting it up for sale right now, because the likelihood of it selling is minium. All our capital is in this home, which is roughly £15k if we get the asking price, which is very doubtful. We got our home valued and the agent asked us to knock off £15k, which means we will gain nothing, in-fact lose out because of the estate agent costs etc. I just thought of decorating our home now, putting up for sale at the original asking price and even throwing in all our furniture for an extra incentive to the potential buyers. My biggest worry is that we gain our Visa and just cannot go because we cannot sell our home. If we sell our house first (ummm no bloody chance), then we will just rent property here in Newcastle upon Tyne till the Visa arrives.
Furthermore has anyone got knowledge about the option of putting our home up for auction. How do we go about it? How much will it cost? Do you tend to get a better price for your property?
Finally a crazy offer for anyone out there. Anyone would like to purchase a large 3 bedroom ex council house, with or without all amenties. Set on a lovely estate in Cramlington, South Northumberland, Cramlington is the second newest town in Britain and was built in 1965. 4 miles from the beach and 10 miles to the centre of Newcastle upon Tyne.