Archive for Quick house sale
Dec
11
Forget All of your Financial Problems – Sell and Rent Back your House!
Posted by: | CommentsEveryone has financial problems nowadays. We can really say that these are hard times, as everyone is struggling to cover monthly expenses. Telephone and utility bills, rent, insurance, credit cards, taxes, all of them are urgent and they have to be paid without delay. If you, like many other people, have contracted a bank loan, you also have the monthly interest or mortgage to worry about. You are probably aware of the recent mortgage loans crisis in the United States. The explanation is the following: because of the increased interest rates, many people found themselves unable to pay back the mortgage. Thus, many banks, in fact, the entire financial system, are faced with difficulties. Of course, losing your house to the bank is a frightening perspective for everyone. Our home means more than a place to live in, it means security and confidence, a shelter from the outside world where we are invulnerable, where we can just relax and be ourselves. It is very frustrating to live with the constant fear of losing your house and becoming homeless.
In order to solve your financial problems and get rid of the worries about mortgage and repossession of your home, a solution would be to sell and rent back your house. This means that you can sell your house and use the money to pay your debts, but still continue to live in it by paying an advantageous rent. There are two advantages in the “sell and rent back” system: first, you get rid of debt problems and creditors, including of paying a huge mortgage; secondly, you continue to live in your old home. Moreover, after all the debts are paid, you will probably be left with a considerable sum of money that you can use according to your wishes.
There are many situations in which you need a quick house sale. If you need the money urgently or you want to move somewhere else, you naturally want the house sold as fast as possible. However, the process is a complicated one and it may last for months until you find a reliable buyer. The real estate agents are usually helpful, but they cannot guarantee you that you will have your house sold in a short time. If you are in such a situation, you know how frustrating it is to wait for potential buyers for your home. Somehow, it seems like everyone is undecided, uninterested or unwilling to pay the price that you ask for. A quick house sale is therefore often impossible. Is there any solution for the house sellers who can’t afford to wait?
With our help, you can have the quick house sale you want and get your hands on the money you need in a very short time. You don’t even have to move from your home if you don’t want to, as you can sell and rent back your house from us. In other words, you will continue to live in your house undisturbed by anyone as you have done until selling it, but instead of a substantial mortgage you will pay only a much lower rent. A large part of your money is stuck in your house, money that could be used for a different purpose, maybe to get rid of your financial problems for good or to afford the holiday of your dreams. The choice is entirely up to you. We can help you sell and rent back your house and free that extra cash you need. For an easy and quick house sale, come to us.
Passive Income
Dec
09
Sell House Fast to Score a Point Over your Debt-ridden Situation
Posted by: | CommentsSeveral factors may come together to urge one to take the step of selling one’s house. Some of the reasons other than apparent financial difficulties can be divorce, illness, property inheritance and the like. It usually comes when you are trying to cope up with a situation which pops out of the blue to disarrange your normal life. And it is a change as such that usually requires cash for its resolution. Quick house sale is the recognised financial scheme to go about it when one needs to sell one’s house fast.
Likewise, if you have emigration plans, you may ideally want to sell your house. But then again, you surely would not want to do it in a traditional house selling mode through a common real estate agent. This is because it can take over six months at times, while you find yourself entangled in a sale chain. This is too slow a procedure, where there are several negotiations and formalities to be completed. And when the sale chain is long, you know what happens. It can collapse at any time due to disagreements or simply miscommunication or due to any one link in the chain not living upto his commitments. This not only results in a lot of time-waste as the procedure stretches on and on, it also causes frustration as much the uncertainty factor creeps in.
In today’s times, one needs to sell house fast. Situations are dynamic where you need to resolve things fast. It is no wisdom to linger on, hoping to finally make a sale, dependent on your real estate agent. It may be too late before you finally manage a sale.
With a quick sale scheme, you get a sale before the cows come home. In fact, it can be as quick a time, as a single day. So, within twenty four hours, you have the cash in your hands. To sell house fast thus, you can contact the special property agents online and then enjoy the quick affair.
Sell and Rent Back
Dec
08
Retirement and Quick House Sales
Posted by: | CommentsYou have found your ideal retirement property – safe, secure, convenient and neighbourly. All you now need is to sell your old home – easy!
It should be but the process is rarely trouble free and never quick. A recent MORI survey said that transaction times in the UK now averaged over 6 months, among the slowest in Europe.
The problem revolves around the fact that, with some 80% of people owning their own home, most need to secure a sale on their present house before they can purchase a new one. As a result, even when you find your dream retirement home and a buyer for your present property there is invariably a chain of transactions which all need to be pulled together simultaneously.
However, for many situations, time is of the essence and deadlines have to be met. This can be for a variety of reasons, eg you may have found your “dream retirement home” but need to secure it quickly or, a builder may be offering huge incentives for a quick completion while you are constrained by the market to a later and uncertain timescale.
Selling to house buying companies is the only foolproof method of avoiding the stresses, delays and uncertainties of selling your present home in the open market. Most importantly it secures the property you want at the time you want it as they can synchronise our purchase of the current home with your new purchase. If the old home is worth more than your new one you may even manage to buy without the burden of a mortgage.
How can house buyers help?
In short, house buyers can buy your existing house, quickly and for cash, enabling you to secure your retirement property.
Some of their schemes have proven especially appropriate for people buying in the retirement sector as the combination of convenience, speed and the certainty of achieving the move they want in a cost effective way without continuing liability suits their needs precisely.
What are the benefits of using a house buying company?
You can guarantee the purchase of your new retirement property
We can complete the sale process quickly and to suit your timescales
You avoid estate agency fees
You avoid the stress and uncertainty of selling on the open market
You avoid having the stress and security issues of multiple viewings
Your next house, its cost and your moving timescale is guaranteed, enabling you to relax
Real Estate Professionals
Dec
06
Achieving a Quick House Sale
Posted by: | CommentsThere may be periods in a homeowner’s life when his or her personal circumstances change dramatically and it makes economic sense to sell the house as quickly as possible, thus releasing the capital that has built up in it. The reasons are many and varied and may include:
1. The breakdown of a relationship. Whether the partners in the house are married or not, there may be financial pressures caused by the breakdown of the relationship. One of the partners may have started another relationship, in which case they may require capital release in order to finance another mortgage or rental costs. Some of the Sell and Rent Back companies will buy the house very quickly, and rent it back to the remaining partner at a competitive rate.
2. The homeowner may have to move with his/her job, either within the UK or abroad. If this move is seen to be fairly permanent, then capital will be required to finance a new home in the new location. For those relocating or emigrating, some of the Sell and Rent Back companies will buy the house in as little as 14 (working) days.
3. If the homeowner has been in arrears with mortgage payments they could fear the prospect of having their home repossessed and see that a quick house sale would be a financially better alternative and enable them to avoid repossession.
4. Should one of the partners in a house die, the remaining partner’s income may be insufficient to cover the mortgage, then again, a quick house sale may be seen as a beneficial alternative to having the home repossessed.
5. In a falling house market, to sell your house now may be a shrewd move. If financial experts project that house prices may fall 20%, then the homeowner could take the view that selling the house quickly, without Estate Agent’s or Auctioneer’s fees, for as close to its current value as possible, will reduce the capital loss. The house could then be rented back at a competitive rate until the market is viewed to have ‘bottomed out’.
The average level of personal debt is increasing, and a quick house sale may be seen as one way of paying off all debts in one go. This is especially useful if you suffer a reduction in income which is viewed as a temporary situation. To sell the house, pay off the debts and live in rented accommodation for a while may be a sensible strategy. Indeed, with many of the Sell to Stay companies, you can sell your house quickly and rent it back at a competitive rate.
There are many routes to achieving a quick house sale.
1. Estate Agents – Estate Agents will always tell you that they can sell houses very quickly. This may be true when the market is rising and there is a lot of competition for every house, but when prices flatten, or indeed fall, houses stick and your ‘quick sale’ may be lost.
2. Auction – Auctions are the ultimate vehicle to value a property. Any property is only worth what another will pay for it, and an auction with many interested parties in the room will produce the best market price for a property with a very quick sale.
3. However, anyone who goes to an auction will be expecting a bargain – they view the items that go to auction as being ‘on-offer’ and only there because they have failed to sell elsewhere. You may not get a good price at auction.
4. Sealed Bid – Requesting sealed bids is another good way of valuing a property. However, the process suffers from the same market pressures as the previous two. From the buyer’s point of view, putting in a sealed bid when the market is rising is a worrying process, as he/she doesn’t want to bid too low for fear of losing it. This can result in some extremely over-priced bids. On the other side of the coin, in a falling market the worry is that the buyer may bid too high and end up with a home in negative equity. This results in the seller receiving a number of disappointingly low bids.
5. Sell and Rent Back – Sell and Rent Back companies will buy your house very quickly - many of them promise to buy it within 14 (working) days. They will give you 80% or more of the value of your house – but that’s it! You don’t have to pay the Estate Agent or the Auctioneer, just your legal fees. Furthermore, many of the Sell and Rent Back companies will allow you to stay in your home and rent it back at a competitive rate.
So if you need a quick house sale, you must try to strike a balance between speed and the amount of money you will receive from the different methods of selling your property.
Real Estate Professionals
Nov
30
Using Firms To Help You Get A Quick House Sale
Posted by: | CommentsSometimes people need to sell their house, and it has to be done sooner rather than later. There are many reasons why they could have to do this. For family reasons, they may need to re-locate to another part of the country or even go overseas, perhaps to take care of a relative who is very ill and needs help straight away.
Or they may need to pay off debts which can’t be settled any other way. A quick house sale would relieve them of their financial burden and stop lenders from phoning and sending legal letters and worse of all - debt collectors.
Selling through a traditional estate agent can take six months or more, which may be too long for many to wait. There’s also no certainty through this route. A potential buyer can drop out after many weeks of negotiations. This can cost you money that you may not have. You may also have turned other possible buyers away in the meantime.
But the good news is there are specialist agents who will get it sold faster. They don’t act as an agent, they buy it from you. In some cases this can be in seven days. In addition to the speed offered by this route, the certainty is also very attractive. You have a guaranteed sale. They buy direct from you, so there is no chain as usually happens with an estate agent. And once they have made their offer, they won’t change their mind as sometimes happens with ordinary buyers.
They also enable you to rent back your house, so you don’t actually have to move, and you save money on removal expenses. Not only that, some quick house sale firms allow people to retain the right to buy back their house after selling to them and paying rent to live in it.
Selling to these agents will mean you may get anything between 75% and 90% of what you could get by selling through a traditional estate agent. But you get more certainty, a faster sale, and the option to stay put and even buy it back at a later date. There are more benefits, too, which make this route look even more attractive.
Because you’re selling quickly, you have fewer mortgage payments to make. Usually you’d be making at least six or more payments when selling through an regular estate agent.
The quick house sale firm also usually pays the legal fees, which are typically in the region of £500. And of course there are no estate agent’s fees to pay. Normally with an estate agent you would be paying around 2% + VAT. In addition you won’t get the problems associated with a potential buyer dropping their offer after the survey. Buyers often drop their offer by 2% at this stage.
So if you add this lot up, you could save around £7,000 by using a company or firm that can offer this kind of quick house sale package in the United Kingdom.
Rent Back
Nov
26
Sell House Fast to Recover your Financial Health
Posted by: | CommentsTimes are uncertain and times are fast. One may fall into debts due to dynamic spending habits, but then one may just as quickly, come out of it. Much of it depends on your assets. One of the best assets you have is your property which is your bounty for cash. If you have property, debts cannot harm you, so to say. And even if it comes to the worst such as house repossession, you have a way out. Sell house fast.
Yes, after all, why should you just lose your house? You can sell your house and collect the cash that can free you of your ordeals. But then, who has time today to go for a traditional house sale through an estate agent? The traditional means of house selling takes months, whereas fortunes can change within days.
Traditional house selling is no more preferable, when things have to be done at short lease, such as during a financial emergency phase in your life. Cash is the only thing that can alleviate your troubles, but for this you need to be assured of the same through a quick house sale. And these services provided by certain real estate firms prove to be of great help to you.
With these firms helping you to sell house fast, as such in the shortest time possible, as per your set timeline, which can range from just a week down to a single day, you can rest at ease. At the same time, they give you complementary services, such as free property valuation. And along the way, they also furnish you with free financial advice to help you get over the crunch situation. Ultimately, the goal of these firms is to help you to recover from your financially difficult situation. And they make sure that cash is not held back from your hands due to delay in selling your house by getting caught up in, say, a sale chain.
Sell House Quick
Nov
22
Quick House Sale
Posted by: | CommentsSometimes the situation demands the quick sale of a house. Suppose your job location is shifted and you want to shift your house, but you have got to get out of your house quickly. Under such a situation it becomes a great headache as how to sell the house quickly. Here follows some effective tips to sell your house quickly.
Set the right price Price
The sale of your house will depend on how you set the price. It is a simple math. Set a right price and your house will be sold quickly. If you fail to set the right price, your house will not be sold. See the price is higher than the prices of your neighbouring houses. Set a price that looks attractive and reasonable to buyers. You can also set the price after you consult your agent.
Be flexible and don’t cling to your initial asking price. Suppose the market is slow. In that case you will have to set a price according to the current market price.
Be patient. If you see the market is slow and cool, don’t get frustrated. Wait for the right buyer.
Hire a sales agent
Don’t think that you yourself will be able sell your house quickly. Every field has a sepcialist. In this regar you will also have to take the help of a sepecialist. So, if you want to sell your house quickly you should contact a good agent who has good reputation in this line. Hire someone who is experienced and has worked as agent in your area. Ask your agent for the comments of the previous clients. So, an experienced agent can help you greatly to sell your house quickly.
Offer incentives
In order to make your house more alluring, you can offer incentives to the potential buyers. There are several kinds of incentives. The common incentives are the coverage of the repair cost until a fixed time and closing-cost help etc. You can also think of offering an incentive such as a higher commission to your agent to have a quick result.
Take online help
Another way that can prove very effective is to take help from online. The recent research has shown that the buyers are incresingly taking online help to buy their houses, because it is the simplest way to find out the right houses. The internet has become the rendezvous both for the sellers and buyers of the houses. There are many popular house buying web sites. So, start advirtising in the intrnet, if you want a quick sale of your house.
Refurbish your house
The first look is important. Make your house look attractive by refurbishing it so that the buyers have a good idea about your house. Find out the defects, if any through a minute inspection. If your house looks fresh and in a very tip top condition, certainly your buyers will feel great interest in buying your house. Follow the above mentioned tips, if you want a quick sale of your house.
Quick Property Sale
Nov
18
House Buying Companies and Buy to Let Properties
Posted by: | CommentsBut to let, or buying a property then letting it out, has been a popular option for many would be entrepreneurs over the past 10 years or so. The buoyant housing market has allowed many people to buy a house, then use the rent on it to pay off the mortgage while the capital investment increased as the overall UK economy grew. Due to the fact that the economy has been in good shape over the past 15 years, banks were offering 125% mortgages at very attractive rates. However, as the housing market has slowed, so has the buy to let frenzy, as a potential investment for a lot of people. As liquidity in the banking system has seized up, the number of specialist buy to let mortgages available has declined to virtually zero today.
The buy to let market in the UK has grown hugely over the last 10 years, however things do not always go to plan. It may be difficult to find any tenants, or replace tenants who have left. Maybe the latest rise in interest rates has made buy to let unprofitable?
If you can’t let your property or the rent doesn’t now cover the mortgage, your property is costing you money and you’ll want a quick sale - this is where house buying companies can help.
How can house buyers help?
House buyers will purchase your house for cash, quickly - often within 7 days.
By selling your property direct to a house buying company, you avoid the possible lengthy delays, and associated costs, of selling on the open market.
How does it work?
It’s simple.
The house buyer will arrange for 3 agents to value your property.
They will then be able to make an offer to you based on these valuations.
On accepting our offer, they will agree a suitable date for exchange of contracts and completion.
There is no cost or obligation in receiving an offer.
What are the benefits of using a house buying company?
You guarantee the cash sale of your buy to let property.
You avoid potential lengthy sale processes.
You can pay off your mortgage quickly and stop your buy to let property becoming a financial drain.
Passive Income
Nov
14
What is a Property Buyer and How Can They Help Me to Get a Quick House Sale?
Posted by: | CommentsWhen making the choice to sell their home, most people immediately decide to use the traditional route - An estate agent.
There are various reasons why this is often seen as the best, or indeed the only viable option out there with people often assuming it is the fastest way to sell a property, the easiest way, and the way to get the best price for the property you can. Whilst it is true, estate agents do have their advantages, they also come with a whole lot of disadvantages. Not only this, but they are also surprisingly not always the fastest, easiest or most cost effective way to get a sale. In fact, they can become quite the opposite in the long run.
Many people assume selling via an estate agent will give their property more exposure and therefore a faster sale. Whilst this is true in theory, you only need one person to want your property for it to be sellable and the fact is you could advertise your house to the whole world, but that doesn’t necessarily mean you will come across that one person who matches your exact taste and wants a property in your exact location – that person might not even exist!
Selling property is hard work and estate agents charge hefty fees to compensate for this, and even once a buyer is found, assuming that the sale does not fall through for any reason it can still take on average at least 17 weeks (over 4 months) to complete the sale.
This is not exactly the fastest way to sell a property, especially when compared to an alternative such as a property buyer. Despite the advantages of selling directly to a property buyer, they are a much lesser known way of selling a property.
So, what is a property buyer and how exactly do estate agents compare to selling direct to a one of these companies?
1. A property buyer will generally purchase your house within 28 days from start to finish. / An Estate Agent could take between 17-24 weeks to complete the sale.
2. A property buyer will purchase the property no matter what condition it is in. The style you have decorated your home in does not affect their decision to buy your home. / An Estate Agent can only market your property to a vast audience of people in the hope that someone will either match your taste, be prepared to give the whole house a makeover upon completion or even be willing to renovate the property if necessary.
3. A property buyer will charge you no fees and no hidden charges; they will generally pay up to £500 towards your legal fees for you. / An estate agent will typically charge you 1.75% + 17.5% VAT of the sale price in fees (amounting to at least £2000 in most cases), you will have to pay out for legal fees (usually around £500) and you will also require a HIP, around £200. Other costs include valuation and survey fees.
4. A property buyer will make you an offer which will be the final price you actually receive for your property – typically up to 82% of the open market value. There will be no fees or charges taking value away from this. / An offer made and accepted through an estate agent is typically only 90% of the open market value of the property. When you deduct from this all the extra fees and charges associated with a sale through an estate agent, and the fact that re-negotiation of around 2.5% is commonplace following the survey it becomes clear why a sale through an estate agent may not actually be the most cost effective (or speedy) way of selling a property!
5. A property buyer can give you the option to rent back the property as a tenant, a useful advantage if you need to release equity but remain in the home. A genuine and honest property buyer will NOT evict you soon after you have completed the sale so that they can sell the property on for their own advantage – indeed a reputable one will see the advantages of having a trusted and familiar tenant living in a property they have known and cared for for many years and will prefer to keep the property in this situation as part of their portfolio than sell it on at all. A company such as the one I run specializes in this. / An estate agent will not give you the option to rent back, and should you need to rent alternative accommodation, you will then need to put down a deposit for the property you intend to rent, having moving expenses such as a removal van and all the upheaval of moving to a different property.
6. A property buyer is capable of moving fast enough to stop property repossessions and evictions no matter what stage the seller is at. It has even been known for property buyers to get vendors back into their property after eviction. If there is any spare equity left over following the sale of the property and repayment of debts, the seller will be able to keep this. / An estate agent sale has very little hope of stopping repossession due to the time taken. If a property is repossessed and goes to auction because of this, it is unlikely the much reduced sale of the property will cover the entire debts owed and will more than likely leave the previous owner cash strapped and homeless.
When all this is taken into account, it is easy to see why more and more homeowners are choosing to sell directly to a property buyer rather than use an estate agent. With a property buyer, the whole transaction is in the hands of the buyer who genuinely wants the sale to proceed as quickly as possible, and you can rest assured that you will not have the all too familiar lack of communication often associated with an Estate Agent. Nor will you have to constantly chase them to push the sale forward faster and have to wait the unacceptable time scale an estate agent expects you to wait for contracts to be exchanged.
Should you decide that this is an option for you, it is important you find a reliable and honest property buyer; I personally recommend that you submit your details to a company with a network of buyers available throughout the UK, to save you the time and hassle of submitting to several different companies. A company such as this will do the searching for you meaning again that you only have to have one point of contact which keeps it nice and simple and consequently stress free!
Rent Back Fast
Nov
08
House Sale in Limerick
Posted by: | CommentsTake a Cold Look at Your House
Whether in Limerick, or anywhere else for that matter, every house seller wants his/her house to sell quickly and at the highest price. The way to achieve this is through careful planning, knowing how to professionally enhance your house, and, just as importantly, developing an unemotional view of it. Once you decide to sell, you need to treat your house as a product that can make money for you, not as a home. Concentrate on the fact that soon this house will no longer be yours. Don’t look backwards, look towards the future. The reason you want to make your house appear as an anonymous showhouse is because you want buyers to view it as their potential home. Potential buyers can imagine themselves living in it, without being reminded of anyone else’s involvement in the house.
Remove as many personal possessions as possible from view. Pack up those personal items and family photographs. Buyers can’t see beyond someone else’s personal belongings, and you don’t want them to be distracted. Make it as easy as possible for buyers to imagine themselves living in the house. You want potential buyers to be able to say to themselves: ‘I can see myself living here.’ Get rid of clutter and junk.
Pricing Your House
Once you have decided to sell your house, you obviously want to get as much money as possible for it. It’s very easy to get caught up in the excitement over choosing a sales price. More money means you can afford to buy a more expensive house, buy a new car or treat yourself to a long overdue holiday.
But in reality, it doesn’t matter how much money YOU think your house is worth. The only person whose opinion really does matter is the buyer who makes you an offer.
Putting a value on any house is part art and part science. It involves comparing similar properties in your area of Limerick, allowing for the differences among them, tracking market changes and taking account of how many houses similar to yours are for sale. All this information is needed come up with a range of values, an educated opinion. This method is the same way a valuer decides how much your house is worth. And no two valuations are ever exactly the same; however, they are generally close to each other. In other words, there is no hard and fast price tag to put on your house. It’s only an educated guess and, no matter what figures are suggested, it’s the market that will dictate the price. If your house is dramatically above the going market price, few people will waste time viewing it. Their time is better spent previewing houses that are priced realistically.
Photographing Your Property
Try to take the exterior photos of your property in the middle of the day when the sun is shining and try to get a blue sky background. Remember, you can replace the images you have placed with your property advertisements, so if you take a better photo later, you can still include it.
For outside shots of the front and back of your house, put away rubbish bins and remove anything that will distract from the view of your house. Remove any cars from the driveway, and try not to include telephone poles, wires and other houses in the scene. Trim your photos so that potential buyers can concentrate on your house.
For apartments, include shots of amenities in the area. For all properties, you should include photos of scenery that may interest potential housebuyers.
Repossession
