An alternative way to sell your property quickly
We all know just how difficult it can be to sell a property at the best of times, but when we try to imagine how hard it must be to sell a property when you are desperate for the cash and urgently need the sale to avoid repossession, the stress that must come with the whole situation must really be immense.
Having said that, although it is a difficult time for anyone going through it, the sale processes doesn’t have to be as difficult as you think. With the sudden surge in cash buying companies in the UK who have funds readily available to purchase property. However, one thing to be aware of is that there are also a number of false companies advertising online that are pretending to be cash property buyers, that don’t really have the funds available to purchase property.
Ideally you need to make sure you use a reputable property selling company to sell your house, one which is OFT registered and has a history of successful property purchases. This however is not always easy to find with the mass amount of companies that are on the search engines. We have below compiled a list of questions that you can ask a potential cash buyer in order to determine if they are genuine.
Can you provide me with a bank statement showing available funds? If any company can’t provide this they likely don’t have the funds to purchase your home.
Do you need me to pay anything? If a property buyer needs you to pay for valuations, don’t trust them.
Do you need me to sign anything? The only thing you should be signing is a contract of sale. If you are asked to sign an estate agent agreement, they are likely not cash buyers.
If you choose a reputable company that can answer these questions successfully you may be on to a winner. However, always do your homework. There are plenty of forums on the internet related to property and finance, and you can ask a question freely without judgement.