Selling your home to a cash buyer whether to move on, or to rent back
can be a fast solution to debt problems or mortgage arrears. However cash buyers are using their own money to buy properties
and they need to make a return on that money. This means you will not get 100% of your home's market value.
By selling your home quickly you can avoid repossession. Simply having someone to make an offer on your home is not enough, you must
exchange contracts with your buyer in order to stop a
repossession order or a bailiff's warrant.
Cash buyers will usually pay between 70-85% of your home's market value.
Cash Property Buyer Tips
The true market value is based on actual sold prices not on estate agents' guide prices
You will get more money selling via an estage agent
but this can take time you may not have
A good cash property buyer should be able to exchange contracts within 48 hours
Because your cash buyer is getting a discount, they are very unlikely to pull out unlike a normal buyer
Make sure your cash buyer will pay ALL your legal fees, some of them cap them at £500
What Are My Options?
Your options, if you have time, are to sell via an estage agent.
This means you will have to pay your own legal fees as well as estate agents' fees - approx £3-5,000 on a typical UK home.
You Can Stop Repossession Now
By any of the lenders listed below - Act now - Contact Us
A national cash property buyer, Cash For My House offer ethical Sell & Rent Back Services
that can also include Buy Back Options and Fast Property Purchases.
They also provide a Free Home Valuation Report.
