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Need to sell house fast - advice please
Jennifer4
Posts: 13 Forumite
Hi
I have my house for sale in Bolton and urgently need to sell it as our offer has been accepted on the house we wish to buy.
We are considering using a company which buys houses for cash. We understand a cash purchase would be at a reduced amount to the market value which we accept. Can anyone please advise, our property value is currently £184,950 and we are proposing to use National Homebuyers who charge approx £500 valuation fee.
Has anyone any experience of this company or indeed any others offering the same service?
Thanks.
I have my house for sale in Bolton and urgently need to sell it as our offer has been accepted on the house we wish to buy.
We are considering using a company which buys houses for cash. We understand a cash purchase would be at a reduced amount to the market value which we accept. Can anyone please advise, our property value is currently £184,950 and we are proposing to use National Homebuyers who charge approx £500 valuation fee.
Has anyone any experience of this company or indeed any others offering the same service?
Thanks.
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Comments
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never pay anything upfront including for their valuation. they will have you over the table in this case. google National Homebuyers and there are plenty of beware stories.
try to reduce price with EA, or go to auction or if you want to use a quick buying firm, then ask for 3 or 4 to visit and offer."enough is a feast"...old Buddist proverb0 -
I think the only way to do it is reduce the price, but even then people just aren't buying right now. An auction seems like your best bet, but don't expect much.0
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Can you post a link to your property so we could give you advice on it further?
I'd stay away from these 'quick' fix peepsA blonde... cleverly disguised as a Brunette.......;)0 -
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Is it advertised on rightmove too?A blonde... cleverly disguised as a Brunette.......;)0
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yes it's on rightmove too0
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Right.....I live in Westhoughton and everything is pretty much dead in the water here at the moment, not sure what Heaton is like for property moving Have you had viewings?
Only way to sell quick is to drastically reduce below anyone else! Reports i've heard is house buyers tend to offer around 75% of the 'valuation'.... this doesn't mean the price that it is on the market for! They may 'value' it at 170K then offer you 130K... I'd see what the house buyers say but offer no money upfront. You'll probably get more chance if you reduce to 150K! You'd still get more that the house buyer.
Your property looks lovely by the way!A blonde... cleverly disguised as a Brunette.......;)0 -
Hi
Thanks for that, I understand what you are saying - we have lots to consider here!0 -
Any legitimate buy-me-quick agent will pay for their own valuation.
I could charge you a valuation fee, pocket £500, offer to buy your property for £50,000 and walk into the night £500 better off.I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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