It is a common belief that selling a house is one of the most stressful things you can do. With so many things that can go wrong, mountains of paperwork and, of course, the act of finding a buyer for your home, you can see why.
So is it really true there are we buy any house firms out there that will buy any house in any condition and at market value?
Let's take a look at them in a little more detail.
It's true, a genuine company will buy any house in any condition no matter of your personal circumstances.
This means that you don’t have to spend time and money on renovations, re-decoration and even cleaning. These can all prevent a quick house sale, particularly if you don’t live in, or even near, the property. It is a huge relief to many when they don’t have to worry about them.
The average cost of redecorating a 3 bedroom house is between £2,100-£3,100 according to the painting and decorating guide on Householdquotes.com. Frankly, it is a lot of money to be spending in one go, on a house that you won’t even be living in to reap the benefits! Not to mention the time it will take to get the right people in, or even to do it yourself.
When people want a quick house sale, they are often put off selling to a property buying company by the fear that they will receive less than the market value of their property.
While this is often the case, it doesn't tell the full story. When you approach a company directly, they will buy without the need for estate agents, so you avoid paying those fees (which can be anywhere between 0.75% and 3.5% of the selling price!).
On top of that, these types of organisations will also pick up the legal fees and survey fees including the 3rd party RICs valuation which can add up to more than £2000.
So, is it true that we buy any house pay 100% market value? No, but the money that can be saved by not paying these other fee's must be taken into account as well.
The main factor that allows a company to buy any house fast is the fact that they purchase in cash. A real company will hold cash reserves which allows them to complete a sale without waiting for additional third parties or having to complete additional paperwork.
With a professional company there you won't need to organise mass viewings or marketing campaigns. No mortgages need to be organised and all legal formalities are sorted in-house. You can even pick your completion date which can be as soon as 7 days after an agreement has been made.
A study from 2019 showed, on average, it takes over 6 months to sell a house. You can see the appeal of a cash buying company for those homeowners looking for a quick sale.
Everybody’s situation is different, but if you are looking to sell up and move out fast, a quick sale company would be the perfect option for you.
They buy in cash, they will cover all additional fee's and can get you up and out within 7 days if needed!
That said, be sure to do fully research any company before picking one as some policies may differ so you may not get everything you're looking for.Have a question about these firms or want a free quote? Request a call back now for a friendly discussion with zero obligation.