Who Would Trade?

Example 1:

Your apartment is too small now that there’s a baby on the way, and you’d really like to be in an appropriate house before she’s born. With so many apartments on the market you aren’t sure you can sell your current place in time. Also with such intense competition, prices have fallen to nearly what you paid, or worse, even less. You won’t have the necessary down payment to make the move.

Solution:

TradethisHouse.ca matches you up with a number of sellers with homes that meet your growing family’s criteria, while also having a desire to downsize to a condo like yours. From there you select your matches right from your computer.

Example 2:

With 50 year lows in interest rates and affordability at its highest in years, you see this as a perfect time to upgrade your living situation. The only problem is you need to move your half duplex first. Enter tradethishouse.ca. We match you up with someone who has what you want and most importantly, wants what you have.

Example 3:

You’ve built homes on spec and they’re currently sitting empty along with numerous others on the block. Carrying costs are mounting and the monthly builder’s mortgage is strangling your cash flow. A less expensive rental property and a couple hundred thousand dollars would solve some problems. You get all your initial investment back allowing you to go on to other projects and you eliminate the asphyxiating builders mortgage by placing a small residential mortgage on a rentable strata unit or half duplex etc. You can still sell the little property but at least it covers itself in the meantime. Maybe even cash flows?

Whatever your real estate scenario, trading is a viable option that allows you to take control of your situation instead of sitting around waiting for an offer. Go out an propose a trade; its fun, it’s easy, and it solves problems.

Key point:

We call it a trade, but in reality we are organizing simultaneous transactions. It’s essentially “I’ll buy yours if you buy mine”. Everyone would still need to qualify for their own financing based on a firm sale of their current property. Each party would make an offer on one another’s property conditional upon the other party completing on theirs. It’s that simple!

 

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