Selling Property For Cash

[sheltonfarley]

If you desire for a fast house sale for cash, then selling your house through estate agents is not the finest way for you. An easiest and simplest way to sell your house fast is to use property investors who concentrate in fast house sales.

[ComareTheMortgageMarket]

And usually offer you about 75% -80% of the market value of your home. Which, in most cases barely covers the mortgage.

[qetta]

Originally Posted by ComareTheMortgageMarket

And usually offer you about 75% -80% of the market value of your home. Which, in most cases barely covers the mortgage.

Exactly, or it is a con job!

[New Homes Expert]

A bit like webuyanycar for houses!
You wont get what it is really worth.

[CreativeCASHbuyer]

As a Cash buyer I can say that I totally agree you will not get 100% of the open market value that you get when selling through an estate agent. But then that process will take you at least 3 months.

The thing about selling FAST or QUICK means you got cash for your house within 7-28 days That is often faster then putting it up for auction.

So the people who sell their house fast for cash are no longer after getting the best price some day but they do it to get a guaranteed sale now, without much fuss.

Jack

[qetta]

I must admit I am tempted by a cash offer as our house is far too large for us and we just want a much smaller place. We have no mortgage to think about either. However whether our kids, who have POA, will allow us to do so is another matter!

[Adam Long]

There are ways in which you can sell quick and get close to the asking price, I have bought houses where I give 70% of the value on day one and the remainder of the agreed value later down the track.

This works well for those who are downsizing or who can be a little flexible about when they can receive the total funds

[qetta]

Originally Posted by Adam Long

There are ways in which you can sell quick and get close to the asking price, I have bought houses where I give 70% of the value on day one and the remainder of the agreed value later down the track.

This works well for those who are downsizing or who can be a little flexible about when they can receive the total funds

Is quickhomeseller your own firm? If so you might like to contact me and just maybe we might be able to talk business!

[Randeep]

Some firms can offer 100% value but they will delay all/some of the payment in some way, another idea is below:

What can happen is they rent the property from the owner and then buy the property after some time at 100%. Also some offer agreements where they will on-top of the 100% offer perhaps 30% of any rises in the value of the property by the time they buy, so you can get a few more grand).

It really depends if you need the cash and where you are moving into.

So one way could be to do this, use the rental income to 'rent for free' in a smaller house (and have left overs) and after a set time your property would sell at 100%(+30% of market appreciation) and you could then decide what to do from there...

(I have a bias as I do just that and 'delay' buy after some time but reward the owner with a share of profits... just for transparency >.<)

As Adam suggested, you can get 100% so if you don't need the money yet, don't accept less! (People like Adam and my self that will do what we can to get you that fair market value, if not all right away...)

Regards,
Randeep

[brian]

Originally Posted by qetta

Is quickhomeseller your own firm? If so you might like to contact me and just maybe we might be able to talk business!

Have you tried selling through an estate agents? It will take longer to sell, but cash for property companies typically will only give you 70-80% of your property's value.

So a £200k property would be bought for £140k-£160k - meaning an instant loss of £40k-£60k.