Real estate/ FINANCE
Understanding Bare ownership
Bare ownership is a property sale option that allows owners to sell their property while retaining the right to live in it. This sale option is often chosen by owners to solve financial problems or to finance projects.
The seller receives a large sum of money called the “bouquet”, which represents up to 80% of the value of the property. This sum of money allows the owner to solve financial problems or to finance an important project.
Advantages of Bare ownership
By selling bare ownership, the owner retains the usufruct of the property, which means that he or she can continue to live in the property for the rest of his or her life or rent it out. This sale option therefore offers a great advantage for owners who wish to continue living in their property or who wish to rent it out.
The Example ofDavid Chouraki, Real Estate Agent
David Chouraki, a real estate agent working for Consultants Immobilier, recently helped a retired couple sell their bare ownership home. The couple wanted to sell their home to finance their retirement, but also wanted to continue living in it. David proposed the bare ownership sale, which allowed the couple to receive a significant amount of capital while allowing them to continue living in their home.
Real Estate Professionals and Bare Ownership Sales
Examples like David’s show that real estate professionals can be of great help. For homeowners wishing to use this sales option. They can advise and guide them to choose the best solution for them.
In conclusion, the bare ownership sale is an innovative solution for owners. If they wish to sell their property while retaining the right to live in it. This sale option offers many advantages and can be an excellent way to solve financial problems. Real estate professionals can be of great help to owners wishing to use this solution.
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CONSULTANTS IMMOBILIER WAGRAM
54 Rue Jouffroy d’Abbans - 75017 Paris
07 83 75 55 01