Have never sold a property before, so this will be a first time event for me. My flat is old, in a protected area, rather small, and fully paid for on day one, 12 yrs ago. I don't think any bank will be involved as in the New Territories where some Titles are 'cloudy', etc.
So, i figure some buyer needs to have the cash on hand and is eager to buy. But what is my best option to find that buyer? Go to all the agents in my town with a photo, and estimated size, etc? Since i don't speak cantonese i'm restricted to English only agents, which might limit me. Must i sign some contract with every agent, etc?
Do i need a lawyer or is that the buyer's need? I have a large pile of docs from 12 yrs ago provided by my lawyer then, so does the buyer need such docs anew? How long will all this take, in your estimation? I presume that once the money finds my local bank account, my problems are over. But is this correct, can there be any sort of clawback possible?
Plz give me your thoughts, esp if you are knowledgeable and experienced in this area. I need to get this thing done before CNY, so no time to waste. Thanks.