Since 1 December 2008, any seller who is marketing a property for sale in Scotland must obtain a Home Report. There are limited exceptions, for example newly-built properties and genuinely off-market sales where the property is not advertised. However, in the vast majority of cases the seller must obtain the Home Report prior to the…
Wee Danny and Danny’s Wee Are Causing Usual Property Market Summer Holiday Slow-Down… At the beginning of July, the property market sounded a lot like this: “……..”. Simon and Garfunkel wrote a song that would sum it up. Dropping pins were clearly heard by estate agents up and down the country. Tumbleweed was spotted in…
In Scotland, estate agency firms can be either law firms or non-law firm estate agents. So what is the difference between a solicitor/estate agent and a regular estate agent? And what difference does this make to you if you are a property buyer or property seller in Scotland? Quite a lot as it happens…!
An offer on a property can be verbal or in writing. What is the difference?
This is the date on which: the property buyer pays the purchase price to the property seller, and the property seller gives the keys and legal ownership to the property purchaser.
What Is Offers Over? Offers over is… Where a property is being marketed at Offers Over, it is less clear what price a seller hopes to achieve than where a seller is marketing the property at Offers in the Region Of or Fixed Price. For that reason, buyers tend not to be the greatest fans…
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