Property swap rather than sell

Property swap rather than sell

10:30 AM, 4th April 2015, About 10 years ago 1

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I have an apartment which I want to sell but the fact is it does not have the desired value at this time to make a sale viable. Property swap rather than sell

What I would like to do is actually swap it for something elsewhere, iideally a house closer to where I live or something abroad.

The question is, can this be done?

I do not know of any agent or place that I could do such a transaction and I was wondering if any of you kind folks knew of any where that did?

I think this would be a great business opportunity in this day and age.

I understand there would be issues with mortgage companies and money and values etc etc but surely this could be dealt with by those more knowledgable than me.

Thanks

John Sweet


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Mark Alexander - Founder of Property118

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10:32 AM, 4th April 2015, About 10 years ago

Hi John

What is the difference between a "swap" and selling your property to buy another?

The value of your property is the amount somebody will pay, I see no difference between a swap or a sale and purchase.

Yes the mortgages would be an massive issue because you cannot swap your mortgage for somebody else's.

Sorry but I think this is a non-runner.
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