With all the doom and gloom, property is a difficult asset to sell especially if you need to get your hands on money. There are only a few companies who can offer you sale and rent back if you need to sell your property and rent it back – possibly to avoid repossession. These companies have to be FSA regulated so whenever, you approach them ask for their certification – if they don’t have one then you know they are unregulated and do you really want to be dealing with them. Usually, a quick sale for cash means you will be selling your property for a cash offer that below its true market value. An example of a quick sale is when you are interested to sell your car and you sell it in a price of $10,000 in a car magazine, little did you know, there are potential buyers in your region, however, they will buy it for $9000-$9,500, even though they will buy it for a lower price, at least, there is an assurance that someone will give a cash for your car with just a deal. There are also instances where you will sell the same car at a garage however, they will only buy it for around $6,500-$7,000 since your transaction is instant. The reason why garage buyers would only buy it for a lower price compared to its price on a car magazine because there is an assurance that they will definitely buy your car with just a snap most especially if you need the money immediately.
Houses unfortunately are in a similar class particular if you need to sell house fast. You will have heard the saying “a house is only worth what someone is prepared to pay for it!” and that’s very true because that is the methodology surveyors use to value properties.
The growth of sell property for cash companies has led to extensive advertising and if you type into Google “sell house fast” you will see a dozens of house buying companies appear. Despite of the number of house buying companies that you can find on the internet, it is still important to look for the trusted one and look for the top company, because despite the fact that there are lots of house buying companies, there are still those who are only there in order to advertise. If you happen to see those companies who are top at paying, then they could be part of those unregulated companies who are willing to buy houses, however, there are still companies on the list which appears on organic listings and most of them are established names but you have to keep in mind that they will only entertain investors near their area.