We are trying to sell our Leaseback property. We have it placed with two local agents and have had little or no interest over the last two years ! The Leaseback expires in October 2013. Would it be wiser to sell it then ? cookie
where have you the place for sale
Our apartment is at Le Domaine De Figuiere Sainte Maxime
Cookie,
It would be better to sell in 2013 IF you can exit the lease with no penalty!Ask the management company if ther is a penalty for exiting the lease!
Leaseback is a French system but most French agents havent got a clue about it,i explained it to them and most wernt interested in selling them.
Also,like P&V,they might ask for refurbishment costs at the end of the lease!
john
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where have you the place for sale
Our apartment is at Le Domaine De Figuiere Sainte Maxime
Cookie,
It would be better to sell in 2013 IF you can exit the lease with no penalty!Ask the management company if ther is a penalty for exiting the lease!
Leaseback is a French system but most French agents havent got a clue about it,i explained it to them and most wernt interested in selling them.
Also,like P&V,they might ask for refurbishment costs at the end of the lease!
john