Purchase Price

The Sums?

You have to work out whether this project will work for you.

1. What are the demographics of the area?
2. What are past sales like in the area?
3. What is the capital growth rate?

All these points should help identify the purchase price range.

Open the discussion with the Real Estate Agent.

1. Remember they act for the Vendor, not for you!!
2. If you have done your home work you can offer what you think is a reasonable price.
3. The agent will likely be charging 2% on the sale price.
4. A quick sale helps them. 
5. As for 
• Reduced deposit - don't be afraid to offer a lower deposit - why have your money tied up
• Early access - this can be tricky and there are different sorts of early access.
• I prefer a quick settlement, that way it's your property, but there are different views on this subject area.