Asked by Anonymous
Why would people Sell condo with tenancy as it's earning money?
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2 Answers
Hi,
Well typically these owners are investors selling their 2nd property, they might have a change of plans in life to pursue other opportunities such as a new business or purchase another property somewhere, or mainly wish to secure their retirement with the capital gains. There could be many scenarios.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials) Read More
Well typically these owners are investors selling their 2nd property, they might have a change of plans in life to pursue other opportunities such as a new business or purchase another property somewhere, or mainly wish to secure their retirement with the capital gains. There could be many scenarios.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials) Read More
Hi,
There is no certain answers to your question. Everyone of us has different needs and investment objectives.
There are probably hundreds of reasons to sell a property, and you could even ask why are some people selling a property at a loss even though they could still afford to finance the property.
It's just like buying shares in stock market. If you buy ABC shares at $1, and ABC share prices drops to $0.90 now and its forecast for the next 3 years is very bad with analysts predicting it will go to $0.50 in the next 1 year. Will you sell off your ABC shares, or since you have paid up the share, continue to hold onto the shares? Or you could actually sell off the shares and use the proceeds to buy shares of XYZ, where it is projected to double in share price for the next 1 year, which would you choose?
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you and your partner in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
There is no certain answers to your question. Everyone of us has different needs and investment objectives.
There are probably hundreds of reasons to sell a property, and you could even ask why are some people selling a property at a loss even though they could still afford to finance the property.
It's just like buying shares in stock market. If you buy ABC shares at $1, and ABC share prices drops to $0.90 now and its forecast for the next 3 years is very bad with analysts predicting it will go to $0.50 in the next 1 year. Will you sell off your ABC shares, or since you have paid up the share, continue to hold onto the shares? Or you could actually sell off the shares and use the proceeds to buy shares of XYZ, where it is projected to double in share price for the next 1 year, which would you choose?
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you and your partner in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More