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house buying sites
miffy's_hat
Posts: 29 Forumite
in N. Ireland
Hi, I was just wondering has anyone contacted the sites that buy your home quickly, eg, nationalhomebuyers.co.uk We can't sell our house, despite lowering the price considerably. I know they probably give a very bad price, but we need to sell. If anyone knows how they work, or has used them, could you let me know? Thanks in advance.:o
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Comments
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Hi. As I understand it these companies undertake valuations (some make you pay for them) and they then offer you around 70% of the market value. In all honesty I think you should avoid this unless you have absolutely no choice. I'd prefer to sell to Joe Public at 70% instead of a company making an instant profit..."I believe that everything happens for a reason. People change so that you can learn to let go, things go wrong so that you appreciate them when they're right, you believe lies so you eventually learn to trust no one but yourself, and sometimes good things fall apart so better things can fall together." Marilyn Monroe0
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Hi, I was just thinking about this again - could you rent your house out and possibly rent somewhere smaller? Then when the market picks up you could sell your house? Anything is better than losing 30%...."I believe that everything happens for a reason. People change so that you can learn to let go, things go wrong so that you appreciate them when they're right, you believe lies so you eventually learn to trust no one but yourself, and sometimes good things fall apart so better things can fall together." Marilyn Monroe0
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Yeah those people are sharks. and the amount they could offer is horrendous.
Realistically what is your house worth at the minute. Do you need to make a profit etc?MFW 148 - Mortgage £121,000 1Jan11 / Mortgage £120,300 28Jan11 / £119,808 24Feb11 / £119,400 22 April11 / £119,089 29 May11 / £118,500 October110 -
There was a story recently on a TV consumer programme.
Basically the owner sold the house to one of these non-regulated companies and was renting the house back of them. The company went bust and the tenant(former owner) was turfed out onto the street
Barge & Pole comes to mind!!!0
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