The property market doom and gloom is underway in 2012 with the council of mortgage lenders warning that likely increases in unemployment will cause property repossessions to increase during the year. Increased unemployment will obviously have a huge increase on the property market, repossessions are likely to increase and the uncertainty created will mean fewer buyers in the market therefore driving prices down. It’s never been more crucial to set the correct prices when looking to make a quick house sale. The prediction from the CML is that repossessions could be up by as much as 30% on last year. Combine all this information and it leads most experts to predict that 2012 will have fewer sales than ever experienced in recent memory.

2011 has seen little happen in the property market. Few sales and little overall movement have created an uneventful year. Sales are down on previous years and prices have continued to fall. So what will 2012 bring. Well most believe more of the same. There will awash be a reluctance to drop the house of the price you’re selling but ultimately, with such few buyers in the market vendors looking to make a quick house sale have little option.

Pricing your property at the right level (especially if you looking to make a quick house sale) is essential. During 2011 the pace of house sales slowed to a level not experienced in years and sold prices are in decline. With this in mind, it should come as a shock to most people that research has revealed that asking prices actually increased during the year.

In our experience it is very common for asking prices to not truly reflect a houses value but this research even shocked us. The difference in the movement of sold prices and asking prices could be either unrealistic expectations of the seller or over pricing by the agent in order to get the business. Either way, we believe it is essential that a seller knows the true value of their property (even if they intend to market it higher to begin with). You can find our guide to pricing your home here. Use this to understand what sale price to expect and market the property at the correct level to get the most interest.

Well not if 2011 is anything to go by.

If you are one of the people struggling to sell their property in 2011, trust me you’re not alone. 2011 was the worst year for property sales in 40 years and was nearly 50% lower (in terms of property turnover) than 2007. Unfortunately there doesn’t seem to be any light at the end of the tunnel for anyone looking to sell their property. During next year (2012) the slump in sales is expected to continue. 

So what are the options if you need to sell? In our experience, we have seen a large inbalance between the sellers expected price and how much buyers are currently expecting to pay. Put your self in the perspective of a buyer. You know that the property market is struggling and you know sellers are having a hard time making a sale, so in your mind you hold all the cards. Why would you pay over the odds?

If you are a seller an need to make a quick house sale give us a call and we will help you aim your property at the correct level in the market to target the right buyers, alternatively we can take the pain out of selling for you and buy your property from you.

We have recently been made aware that some quick house sale companies have started asking for money upfront from the seller.  We don NOT do this. This seems to be a new practice and not one we’ve come across before. The advice we have given is that we would recommend checking the paperwork and asking where this money is going. We wouldn’t want to suggest that companies who use this method are unscrupulous but you don’t want to find yourself out of pocket.

In most cases (that we have heard about) the company asks for £2000 at the start of the process. This money is probably used to help finance the purchase and in most cases will be a legitimate request but be careful and make sure the paperwork states that this money have changed hands.

• Quick House Sale
  We will purchase your house quickly. We work to your timescale and you will have cash in your account in no time. 
• Guaranteed Sale
  No chain, no mortgage, and no third parties. This is our differentiating factor. You will deal with us and the solicitor (we pay for) only. Our expert staff will support you every step of the way and are on hand day and night to answer your questions. 
• Hassle Free Sale
  An open market sale is considered to be one of the most stressful things people experience. We make the process simple and avoid all the frustrations the open market can cause. 
• No fees to pay
  We’ll value and offer on your property no fee and no obligation. You’ll pay no solicitors fee, No estate agent fee and all other fees relating to the sale. 
• Choose the timescale
  Get a quick house sale with us you’re in the driving seat. There’s no chain to hold you back so you choose the move date

A full description of what this means can be found below. The reason for this post is to describe in more detail why this option suits many people looking for a quick house sale.  At Quick house sale Leeds we are big fans of lease options and feel they work for both the seller and the buyer. We have bought many properties through this method and we have even sold a few in the same way.

So why is it better, simple, you get more money!! This means if you are in negative equity this option may still work for you or if you simply can’t pay the bills anymore then this can help. In my opinion, the only time a lease option doesn’t work for the seller is if they NEED the equity from the property immediately.

The reason the me highlighting the word need is because I have spoken to many people about this type of sale and there response is “I need the equity” when asked what for, the answer is usually so they can leave it sat in a bank somewhere. Do you know the rate of interest at the moment!! what would be the point! When we agree on a lease option, if the seller has equity in the property we will often offer to allow that equity to grow as the property price grows. This simply means, if you leave some money in the property for 5 years (the usual length of our options) we may agree to share up to 20% of the growth in value with you.

So the advantage is obvious and simple, you get a higher agreed purchase price and potentially enjoy some of the growth in the price of the property. If you would like to talk to us in more detail about lease options, give us a call.

Our process is designed to be as simple as possible for our customers. Most of the work we do needs very little involvement from you (the seller) and all obstacles are taken care of to make sure you (the seller) experiences a smooth quick house sale.

Once we receive your call from we take enough details to perform some due diligence. usually the only data required is contact details, postcode, house number and basic property description. We do also like to have a chat about your circumstances to help us tailor a solution to meet your needs. However, this is not necessary if you do not wish to share this information.

We will use this information to price the property. In some cases we can  price the property without any further information or viewing. However, in most cases we will call back and arrange a viewing of the property.

During the viewing we will explain the options for purchase and which one fits your requirements. (for details on different purchase types see earlier posts).

Once purchase has been agreed we instruct our solicitor and a solicitor to act on your behalf. If you have a solicitor you prefer to use that’s fine however, we may not pay the fees.

Once the solicitors have been instructed the exchange of contracts will usually take 2 weeks and completion will be within 2 weeks of the exchange (unless a date has previously been agreed).

And that’s it!

The process is simple and transparent. We keep you updated with progress throughout and explain any legal jargon and process pitfalls as we go.

Check list for your property sale

Open Market

• Prepare the house for sale
• Call agents
• Instruct a solicitor
• Wait for viewings
• Clean in preparation for every viewing
• Wait 6-12 months for an offer
• Negotiate with the buyer
• Hope the surveyor doesn’t down value
• Hope the buyer gets finance
• Complete the sale at a buyer agreed date

Quick House Sale

• Make 1 call
• Have 1 meeting
• Agree a price
• Complete the sale when you want

1. Get fast cash and a guaranteed sale. There are many reasons why an open market home sale can fall through. The surveyor may down value, the buyer might not get a mortgage, the chain may break etc. Quick house sale companies are usually experts is making a fast purchase and don’t have the usual difficutties that can be caused in the open market

2. As stated above, this is fast guaranteed cash, which means if you rely on the sale of your property to pay debts you have the security of knowing this money is coming

3. If you are facing repossession this can and usually is stopped. With the implementation of regulations on the buy and rent back companies it is usually hard to stay in you property. However, repossession is a difficult process to have forced upon you. Selling your home allows you to take control

4. I find the number of landlord using this service seems to be increasing, many people like the idea of renting out a house but don’t consider the down side. Problem tenants, voids and heavy repair bill often push landlords to look for a quick house sale to remove the burden

5. Getting An Effortless Solution To The Probate Property Problem. Probate or inherited property is problematic for property owners who live in towns or cities that are far away from their inherited homes. Normally in this situation, it is only sensible to sell the inherited property for cash fast and to finalize the deal and satisfy your tax requirements as quickly as possible.