PODCAST: https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE-29thMay–4th-June-2022-e1jhnae
Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:
Article, Podcast and TV Show written and produced this week are:
FPTV (EP 94) MOVING MISTAKES: Why finding a home before you have a buyer is a big risk
If you’ve decided you want to move, you could be thinking the same as thousands of other homeowners: there’s nothing on the market, so you’ll wait to put your home up for sale until you find your next one.
It’s an entirely understandable view, but from talking to many sellers, it’s clear that they aren’t necessarily aware of all the risks and potential costs of trying to find a property without being under offer first.
(Watch/Read/Listen)https://www.fifeproperties.co.uk/blog/moving-mistakes-why-finding-a-home-before-you-have-a-buyer-is-a-big-risk/
The 6 Reasons Fife Rental Properties Could Inflation-Proof Your Savings
The cost-of-living predicament is threatening the budgets of many Fife households.
Inflation is running at 7.8%, yet the best savings rates in the market are only 2.75% (because of low Bank of England interest rates). This means that the value of people’s savings is falling fast.
To add insult to injury, the possibility of a recession on the horizon could add another nail in the coffin of people’s wealth and savings.
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/the-6-reasons-fife-rental-properties-could-inflation-proof-your-savings/
Watch out for the Wealth Creation Show on Mondays live on these channels:
EP 22 THE WEALTH CREATION SHOW: Sensitivity Analysis
In this episode Jim Parker talks to Richard Cook about sensitivity analysis. This is financial modelling that determines how target variables are affected based on changes in other variables known as input variables. This model is also referred to as what-if or simulation analysis. It is a way to predict the outcome of a decision given a certain range of variables and is the unique way Jim Parker has guaranteed his success in property investment over the last 30 years.
You Tube: https://www.youtube.com/playlist?list=PLu-dtDBNhbLJvH_47QHVWEQSB0w2_KGj9
And finally remember you can still get a 60 second instant valuation of your home with this quick easy to use tool without speaking to anyone: https://valuation.fifeproperties.co.uk/home/2062