"Need to Sell a House Fast for Cash?
(Here's everything you need to know)"

How Fast Do You Need the Cash?

This is one of the first questions you want to ask yourself because this is going to reflect on the price you may get your for your house.

If you want to get the best price possible, using a cash for property company is not the way to go about it.

However, if you need to move immediately and the price you get for the house is not your top priority then, yes, you may need a fast cash home buyer.

We can help you find exactly what you need. Our years of experience will lead you in the right direction.

Here are some situations that may induce a need for a fast cash home sale:

Compare Buyers For FREE & Find A
Recommended Reputable Cash Property Buyer

As you may know, www.TheAdvisory.co.uk is written and contributed to by property professionals from some of the UK's most successful house building companies.

Because of our involvement within the property industry, we know (and have dealt with) 99% of the reputable "fast cash for property" homebuyers all across the UK.

We are happy to recommend which "fast cash for property" house buyers will pay you the highest price and best suit your situation and needs.

Because all buyers have different buying criteria, if you need a recommendation, simply email us (at info@TheAdvisory.co.uk) with some basic details about your property:

info@TheAdvisory.co.uk

How Fast Can My House Be Sold?

If you have decided you really do need to sell your home fast for cash you are going to want to know how quickly it can be sold.

The normal turnaround time for a professional cash homebuyer can range from one week to three weeks.

If someone tells you they can do it in 24 hours be aware as this is not the norm.

We are not saying it cannot happen that quickly but it typically does not.

Those companies who are not cash funded, like they claim, can drag the sale out for months due to their reliance on mortgage funding.

Sadly, most companies are not cash backed like they state.

How Much Will I Get?

Again, beware of companies that promise to pay you 80% - 100% of the value of the home.

This is a classic way of misleading people to go with that company.

We have been in business long enough to know what a realist price from a reputable company would be.

You usually end up getting 75% - 80% of the home’s value for a quick cash sale.

In today’s economy 75% is the market rate for a "guaranteed" sale.

Like anything else, a quick cash sale is a service and it comes with upsides and downsides.

The downside being you'll recieve less for your home than you would get via traditional estate agent.

The upside being the sale is guaranteed and you set the timeframe for completion.

What Other Fees or Costs Are Involved?

This is another thing you want to be very sure of before you commit to anything.

If the firm is reputable there are not going to be any hidden fees.

Your legal fees should all be covered as well.

Many companies will try to sneak in inflated fees for things like a surveyor’s valuation.

They may tell you that it is a refundable payment for valuation. That sounds great but you only get the refund if you sign the paperwork and accept their offer.

If a home buying service wants any kind of upfront payment from you then tell them you will happily go elsewhere.

There should never be upfront fees for anything.

Beware of Scams

If you need to sell your home quickly for cash then you are probably in a tough situation.

While there are many legitimate companies out there who can help, there are twice as many who want to take advantage of your situation.

You need to know the difference and be on your guard.

One of the things we try to do is help people understand what a scam is by educating them on what to look for.

Helping people avoid being scammed has been made easier due to the OFT investigating the quick sale market and exposing those would prey on unsuspecting home sellers.

Here are some things to watch for that should send up a red flag:

1. Reduced pricing – after the transaction is fully committed to and at the last minute.

2. Fee structures which are unclear – Terms that are vague, unexpected fees that pop up after the initial valuation and other financial expenses that suddenly come up.

3. Quick sales that take a long time to finish.

4. Misleading claims - they mislead you about the value of the property or the discount they are going to apply.

Avoiding Problems

All of the scams above can be avoided if you follow our simple guidance below...

Make sure you use a genuine cash buyer.

Make sure your buyer has an excellent track record and does not charge hidden or upfront fees.

Make sure your buyer comissions an up to date RICS valuation of the property so that you will know exactly what it is worth.

Never sign anything like a “lock-in” agreement that leaves you unable to walk away if things go sour.

Always check with your solicitor before signing anything.

The only thing a reputable company should have you sign is the final contract of sale - just like you would if you were conducting a traditional home sale.

Sale And Rent Back Schemes

If a company offers to buy your home and then rent it you have them thoroughly checked out.

The FSA (Financial Services Authority) is now regulating these types of companies and we can offer you solid information about that as well.

As of now, there are only non-regulated companies offering this and you want to avoid them totally.

Need a "Quick Sale" Recommendation?
We Can Help You!

As you may know, www.TheAdvisory.co.uk is written and contributed to by property professionals from some of the UK's most successful house building companies.

Because of our involvement within the property industry, we know (and have dealt with) many reputable quick cash homebuyers all across the UK.

We are happy to recommend which fast house buyer best suits your situation and needs.

Because all buyers have different buying criteria, if you need a recommendation, simply email us (at info@TheAdvisory.co.uk) with some basic details about your property:

info@TheAdvisory.co.uk

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