THE SWAP SHOP ; Log on, trade up, trade down, deal direct and avoid the dreaded chain, says Xanthe Whittaker
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Summary
KYLE MacDONALD is a Canadian blogger who started out with one red paperclip. Then, through a series of exchanges, or 'up trades', he acquired a house in Saskatchewan, Canada.
Of course, Kyle's experience is exceptional, but the idea of a permanent house exchange -- where sellers engage in a direct swap of their properties -- has been gaining ground in the depressed U.S. housing market. And the past year has seen its transatlantic drift, with a number of swapping sites starting in Britain.See the full content of this document
Extract
THE SWAP SHOP ; Log on, trade up, trade down, deal direct and avoid the dreaded chain, says Xanthe Whittaker
Terry Charles-McClean, real estate agent and managing director of Direct Property Exchange, set up swapping website Swaptogo after successfully exchanging his own home.
He swapped his bungalow for a house and completed the entire transaction in just six weeks. Although an estate...See the full content of this document
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