How To Achieve a Quick Property Sale in 2007
Quick Home Sales
How to Sell your Home Quickly in 2007
You've heard it before. You've just found the home of your dreams and the offer was accepted by the seller. Now you need to sell your current home, a goal that won't be difficult to accomplish according to a real estate agent. Your property gets put on the market and there is a ton of interest from possible buyers within the days following . Then it all comes to a halt. Weeks pass by, then months and still you are no closer to selling your property than when you first started. An even worse scenario, your buyer gets out just before the exchange of contracts will take place.
Choosing to sell your home with a realtor could be a lengthy process. The rates are substantial, especially when you factor in the fees of the real estate agent on top of the additional legal fees and mortgage payments you will have to pay while you wait for your house to sell. Then if you don't get a quick house sale you risk losing your dream home as well. Given these demanding circumstances, it's no wonder that moving home is said to be one of life's more stressful events.
There are basically a couple of alternative options to selling your house with a real estate agent. The first is to sell direct to a buyer on the internet. The other is to find a company that specializes in buying homes direct. Such businesses advertise cash for property offers on the web or in newspapers. You will find some both advantages and disadvantages associated with each one of these choices.
Hundreds of home owners in the UK sell their house every month privately. You save money on agent fees, which could be as high as 3%, and you get complete control over the agreement. You also won't have to get a Home Information Pack from the Government after they become mandatory in June 2007 (because private sales are exempt). There are disadvantages to think about. If you choose to advertise on the web, and want to sell your home quickly, you'll be devoting a lot of time promoting your house. You will need to sign-up on several private sale web sites, to increase your chances, write-up a description of your home and post it on the websites with nice photos. Then you will be dealing with the inquiries individually and spend a great deal of time coming up with answers in order to help sell the property to the inquirer. You'll also continue to be open to the risk of not finding a buyer very quickly or the risk of buyers backing out at the very last minute.
The second private sale option is finding companies specializing in quick sale services. You will receive an offer from them, typically after 24 to 48 hours, and the sale will take less time to complete than average. Your homes condition doesn't matter, and you won't have to try to 'sell' your home to the buyer either.
Do however be prepared to accept a below market offer on the home. These companies, in exchange for a fast house sale, buy at 10% to 20% discounts. As long as you're willing to take a lower price, you will have yourself a quick sale and, more importantly, one that is less stressful.
About the Author
Oliver Darraugh is a freelance online journalist. He lives in Birmingham. Website.
About the Author
Oliver is a freelance online journalist living in Birmingham who writes about quick house sales, and house selling choices.
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