More properties are coming onto the market as property owners decide to access the equity in their property or reduce their debt. This leaves buyers with more properties to choose from, however they are shopping wisely and are very aware of what properties are worth.
Whether for financial or other reasons, people often invest in property as co-owners, whereby each owns an undivided share in the property. It would be prudent in these instances, to draw up a co-ownership agreement.
Selling a property is a big decision – it is more often than not, the most valuable asset a seller owns. It goes without saying then that it is crucial for the sale to be handled properly and trust plays a critical aspect here.