BMV stands for Below Market Value, where a property is sold below market value. This may be for many reasons, mainly because of one the 3 D's: Death, Divorce, Debt. This can create numerous struggles and put a strain on your finances. For example a couple might move in together, but seperate after a while and want to sell the property for a quick cash sum. Or having a divorce might be costing you more than you realise, and selling your property Below Market Value can be a good solution to getting quick cash. The same could also be said for being in debt, if this seems like the best option to go for.
But there are other reasons why someone would want to sell at BMV; the quick cash could allow you to do that home improvement, go on a special family holiday, buy a new car etc. Anyone who has tried to find genuine investment properties knows how difficult this can be, and this is UKBMVProperty.com. They are a UK based company offering leads on BMV properties, that can be sold and bought by both Property Finders and Property Investors. Some leads can come with a guarentee, while others come in a package and are usually paid on completion. BMV stands for Below Market Value, which is a property term used to describe properties being sold for 25% less of their market value. This is just an average figure, and can differ depending on the sellers and there individual circumstances.
BMV, or Below Market Value, is a property term used when sellers are willing to sell their properties below the current market value, and this might happen for a number of reasons. As a result it could create alot of problems such as financial difficulties, in which case selling BMV can help. Selling a BMV is a fast method of releasing equity from your home for cash. Alot of companies advertise their willingless to buy, but be sure they have good buyers who will give genuine leads to from their committed sellers.
Author Resource:
David Code is a freelance writer specialising in writing about BMV property buying and selling. He recommends BMV Property deals website. He has worked on a number of websites on this subject, so feel free to ask about anything to do with property.