Why would a property sell below market price?

We will detail 10 reasons out of many in this short article

  1. Divorce – moments when people don’t always want to exhaust the financial potential, but there are other interests and emotions that govern the event, they want to end the matter quickly even at the cost of a certain loss
  2. Inherited apartments – not everything that was interesting to the father/mother as a business is interesting to the child who inherited the business, often there are those who want to get rid of the headache of managing many properties and simply go for partial and sometimes full sales of portfolios/buildings.
  3. Pressure from a third party – debts accumulated for various reasons
  4. Sudden death – and a desire to change one’s living area for emotional reasons
  5. Lack of awareness – the owner of the property is not always aware of the value of the property in his hands
  6. A permanent person/specific professional that requires a move – when there is a move to a living area that needs to be done quickly and failure to manage an orderly sales process and a need to cut off contact in a short time.
  7. Difficult condition of the property – and the professional inability of the owner to manage its rehabilitation
  8. Difficult situation of property management – and exhaustion of the owner from dealing with his management company
  9. Property registration errors – a building that is not properly registered, a presentation in the area that does not match the registration in the tabu, which requires additional expenses beyond what is visible to the eye
  10. Housing improvement – commitment to purchase an apartment or move and failure in the planned sale process for the existing property

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