Archive for the ‘Selling Your House Fast’ Category

Reasons For a Quick House Sale

Tuesday, April 26th, 2011

1. Receive quick cash along with a certain sale. There are several reasons why an open market house purchase will fall through. The surveyor may possibly down value, the purchaser may not obtain a home loan, the chain may possibly crack and so on. Quick house sale businesses are often specialists in creating a rapidly purchase and do not have the typical difficulties which can be caused in the open market

2. As mentioned above, this really is fast assured money, meaning should you depend on the selling of your home to cover financial obligations you have the safety of knowing this cash is forthcoming

3. Should you be going through repossession this may and often is halted. With the execution of restrictions on the buy and rent back businesses it is almost always difficult to stay in your residence. Nevertheless, repossession can be a challenging procedure to get forced on you. Selling your house enables you to seize control

4. I’ve found the amount of landlord employing this service appears to be growing, many individuals like the thought of renting out a residence but do not think about the down side to this. Problem renters, voids and high restoration expenses frequently drive landlords to search for a quick house sale to get rid of the responsibility

5. Obtaining An Trouble-free Means To Fix The Probate Property Issue. Probate or inherited property is challenging for home owners who reside in cities or towns which are a long way away from their passed down houses. Usually in this scenario, it is simply practical to offer the inherited house for cash fast and to finalize the deal and satisfy your tax requirements as quickly as possible.

Recent Purchases

Friday, April 15th, 2011

Its been another busy week here at quick house sale. We have just completed a 3 purchases, one in the Wyke area of Bradford, one in Morley and another in Eccleshill. We have also been inundated with requests for valuations. We generally don’t provide this service but if we can help we usually do. With this is mind, if you would like help with your valuation please check the following post. http://quickhousesaleleeds.co.uk/value-your-house/

Property Asking Prices

Thursday, March 24th, 2011

As mentioned below, the valuation given to you by the estate agent is not always  in line

House prices

 with what is happening in the market and quite often the surveyor will not agree with the advertised price of the property. This can cause a couple of issues, either you don’t get any interest from buyers due to the price or you secure an offer and the survey comes back with a lower value than the offer which will mean the buyer will probably pull out.

The graph shows the average advertised price of property broken down by month for the last year. Its worth remembering that the actual sale prices and the property market did not grow during this period. One option I have mentioned to a seller recently was, why not get your own survey of your property. This will allow you to offer the property at a realistic market price which will likely result in a quick house sale, you can choose an agent on ability rather than the price they claim they’ll get and you wont need to worry about the shock of a surveyor down valuation.

Will Your House Sell?

Saturday, March 12th, 2011

There’s no easy way to answer this question. There would be too many variables. If you have the time or the inclination and don’t require a quick house sale I would reccommend inviting local agents to value the property and talk to them about similar properties in the area and how fast they are selling. Remember that the agent is of course trying to get your business so dont take the first answer, ask for examples of recent sales and how long they were on the market.

We obviously follow our own suggestions and have the following examples of property sales in the local area. We invited an agent to value and advertise a property in the Pudsey area of Leeds. The agent explained that the property would probably sell quickly because we have fully modernised it after purchasing it from auction. He did supply evidence of recent sales at a similar however, when asked it came to light that these properties had been on the market for over a year and the price had been significantly reduced. The intention was always to sell the property so despite the above we decided to list it on the market. After 3 months on the market and only 1 viewing frustration started to set in. The issue seemed to be that the property was on the market for a price that would appeal to first time buyers but that end of the market seems to be the slowest moving. After the forth month the cost of keeping the property empty with no sign of a sale simply didnt make sense. We advertised the property for rental and within 2 weeks had 3 viewing and secured a tennant.

Obviously most people are not in the same position we are and dont have the option of renting the property out. If this sounds familier then we would offer the following advice, consider how long the property might be on the market (based on the agents feedback) and work out how much that time will cost you in bills and mortgage. Quick house sale companies sometimes get a bad reputation ofr

House Prices

Sunday, February 6th, 2011

Quick House SaleIts early days but unfortunately the doom and gloom is not showing much sign of movement. House prices showed a slight increase in January but overall for the last 3 months they are showing a decline. Its very early days but I’m sticking with me original prediction that we will end 2011 in a very similar position to how we started it in terms of property prices. I believe from most peoples perspective this is probably not bad news. If you’re looking to sell at least you know your buyer wont pull out due to a sudden downward shift and you can feel safe that the property you’re buying is at a good price and wont suddenly shift in the other direction. If you’re looking to invest then this is a great time for you. as mentioned on an earlier post, the market will pick up, its just a matter of time. If you look at property as a long term investment then short month on month movements in the market are largely irrelevant to you anyway.

The Quick House Sale Process

Sunday, January 23rd, 2011

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.

Property in 2011

Friday, December 31st, 2010

Happy New Year from Quick House SaleIts time to consider what will happen to the property market in the next year.

During the last couple of month there has been talk of the property market “bottoming out” and this is possibly the case. Sales are still down on the previous year but the gap is no longer increasing. My personal prediction is that 2011 will be an interesting year for the property market. If, indeed the market does bottom out, I believe this will last for the majority of next year and we will see prices remain stagnant. We are unlikely to see prices increases in values until 2013 at best.

So what does this mean for you? well that very much depends on your situation. if you’re a seller looking for a quick house sale then not much has changed (check my earlier post for advice) if you’re a buyer then obviously this is the right time to buy but there is no need to rush into a purchase. wait for the right property to come along.

Quick House Sale Leeds would like to wish all our customers, friends and colleuges a great 2011.

Happy Christmas

Saturday, December 25th, 2010

Quick House Sale

A quick note from Quick house sale Leeds wishing you all a merry Christmas. We will be available throughout the festive season so please do not hesitate to contact us.

Lease Options

Monday, December 6th, 2010

I love lease options. When the circumstances are right they are great for the seller (who wants a quick house sale) and for the investor. The option is works if the seller wants to hand the property over (so they are no longer accountable for its debts) and they either don’t need the equity immedietly or have no equity at all. Lease option is a great option for the seller because the buyer is able to offer more for the property and in some cases the seller can have a cut of the profit as the property value grows. This is obviously a great incentive for the seller.

Is it a good time to sell?

Monday, November 29th, 2010

The simple answer is not really. In my experience the middle market is moving slowly but the lower end is not moving very much at all. There are, of course the few exceptions but in the main the lower end of the market is struggling. The reason is simple. While the media may claim that people are afraid to buy, I believe this is a myth, most people know this is a good time to buy. I believe the reason is simple, the lenders are so restrictive at the moment, many first time buyers simply can’t get the finance. And property at the lower end of the market is usually bought by either a first time buyers or by an investor. So what does this mean to you (the seller). Well you need to evaluate what part of the market you sit in, look objectively. If your property would be classed as the lower end of the market the chances of a quick house sale are slim. The kind of buyers you need to attract are few and far between. The alternative for a quick house sale would be to turn to an investor. We meet many people in this position every day and always offer advice and a reasonable purchase price.

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