Spanish Bank Offers Foreign Mortgages To Boost Property Sales In Spain

Solbank, part of Spains fourth largest bank Banco Sabadell, has announced it will provide mortgages for all property sales in Spain made through the Spanish Homes Network, reports property portal House Sales Spain (). Solbank specialises in foreign mortgages and has signed up to this plan by Spanish Homes Network (an initiative that was the brainchild of a Spanish business school) in order to help sell unsold Spanish property and boost the Spanish property market in general.

The Spanish Homes Network acts as an agent for tourist developers. Interviewed for Overseas Property Professional (OPP), its Managing Director Jos Manuel Luque stated: The main problem to be dealt with is not just the lack of trust created by recent real estate issues affecting Spain, but also the difficulty of finding finance for home acquisition, a problem that the signing of this agreement will help to alleviate. The widening of finance options is good news for those wishing to buy property in Spain and also for those selling property in Spain who will have a larger target market of potential purchasers.

The Spanish Ministry of Housing recently published reports that stated newly built homes on the Spanish property market rose 12% in 2009 and that an estimated 300,000 units are believed to be currently under construction, taking the total figure of unsold properties to around 1 million. Any news that will help to grease the wheels of the property market once more, and to help sell property in Spain, has to be a good thing for the country as a whole, a view shared by Solbank. Also speaking to OPP, Solbanks Cristina Prez Zarza was quoted as saying: Banco Sabadell through this partnership looks for a stream line of business for new customers which might need finance to buy their property in Spain. Sharing a similar set of values makes our partnership a natural and solid collaboration.

You can find out further information on the Spanish property market and get assistance buying and selling property in Spain at .

Editors Note: The Worldwide Group and House Sales Spain () is represented by the digital marketing specialists and SEO provider Jumping Spider Media. Please direct all press queries to Louise Byrne. Email: [emailprotected] or call: +44 (0)20 3070 1959 / +34 952 783 637.

Tips to Speed up the Process of Selling Property

Reports and studies reveal that property investors are increasing at an exponential pace. People residing in different parts of the world invest money in property to earn high returns. Considering the results of these studies, one may think that it is easy to sell a property. But, upon entering the market it can be easily seen that selling a property is not as easy as it appears. A seller has to market his property in the right way to the right people so that deal can be finalized in minimum possible time. People who deal into sale and purchase of property frequently are aware of marketing tactics. And those who are selling property for the first time can refer to the tips mentioned below.ow.

Let People Know – People would come to buy your property only when they know it is up for sale. There is nothing wrong in putting up signboards in your yard. For best results, think of some creative ideas for making attractive signboards.

Paint Your Property with Attractive Colors – In Burlington Vt real estate industry, people believe in the saying – -First Impression is the Last Impression-. If the property does not look good from outside, nobody would bother to enter in and have a look. To sell off your property without waiting much, paint it with bright colors.

Keep Your Surroundings Clean – It is true that one should keep his surroundings clean always but extra care should be taken when you are selling off a property.

Get the Building Repaired – You are no more going to live in that house but still you must get it repaired to get good price for your building. Repairing costs a few hundred dollars but it may increase the value of your property by thousands of dollars.

Run Ads in Newspapers – For quick results, run ads for your property in newspaper. By doing so, you cannot only target a larger audience but get quick queries too. Running ads in newspaper is not very expensive and can be taken help of with ease.

Inform Real Estate Agents About Your Property – Apart from running ads in newspapers, you can register your property with Burlington Vt real estate agents too. Find a list of agents in your area and ask them to bring clients for the building. These agents work on commission basis but are worth trying.

Take Help of Internet – Last but the most popular way is to list Vt real estate for sale on free directories available on the Internet.

Author Bio:-

John Smith has five year experience as a content author in Maple Sweet, Dealing in Waitsfield Vt Real Estate and property in Vermont. Get all real estate business information for Mad River Valley and Mad River Valley at maplesweet.com.