Those companies that buy your house....

sonastin

Simple answer is you won't get the £20k you're hoping for if you sell through a quick-sale company - any quick-sale company - even a reputable won't-try-to-rip-you-off one - if such a thing even exists!

You need to either have patience, look at the sums carefully to see just how low you can go with the price or forget about using the house and look for an alternative means of funding your treatment. Sorry I can't offer anything more positive.

One_Day_Rodney

Have you considered putting into an auction and setting a reserve?
When the hammer falls, the property is sold - no messing about

You could also state that you are willing to entertain offers prior to the auction.

barbara.jones_2

Hi,
It's hard to trust some of these companies as you don't know whether they are genuine in their services or whether they are just pushing a sale without a care in the world about your situation.
There isn't a general rule for everyone to follow when it comes to finances, it's all down to a persons individual circumtances, so it's hard for many of us to pass comment or offer solid advice unless we are experts in the field, and that's certainly something I am not.
What I would advise is that you speak directly to an independent financial adviser who specialises in the type of service you require. Someone mentioned equity release earlier in the post, something I have never done; however a friend of mine did and used Key Retirement Solutions. I am not sure of what it entails but I know she was able to release cash from her home within 10 weeks of making her first enquiry.
And if you're concerned about paying for advice then luckily their first consultation with her was free.
It's worth a shot as you don't have anything to lose. Hope I could be of help.
Barbara

poppysarah

barbara.jones wrote: »

Hi,
It's hard to trust some of these companies as you don't know whether they are genuine in their services or whether they are just pushing a sale without a care in the world about your situation.

They're in business to make money by taking "advantage" of vulnerable people who have to sell their home quickly.

Flashmanchop

First post here, so go easy...

I Hope your treatment is succesful, and all goes to plan.

The marketplace of cash buyers and quick sale companies is often frought with cowboys. Like people have mentioned they often reel you in with fake promises and offer you what you think is a fair price, bearing in mind the speed with which they can act, only to then lower the offer further down the line, when it is often too late to be able to pull out.

I wouldlike to think my firm is different. I would atleast like to think we dont "prey" on vulnerable people, but try to offer a service, with very little pressure, and a cost free way to sell your house. I would also like to think that the service we offer is a professional one, and open and transparent as can be.

Yes, we pay 75% of market value, (as determined by our investors) and try and act as quickly as possible, but sometimes we do come across problems!! Not every business is perfect.

With respect to your personal situation, have you asked yourself if the property is marketed at a realistic price? - There is often no point slahing money off time and agin, as this often can go against you.

You need to try and make sure that any buyers have either sold, or already have decisions in place from mortgage companies - this is increasing the potential conversion rate of viewings to buying - they are bona fida and hopefully not time wasters.

What have similar properties sold for within your street, or postcode?

Is your property appealing to a wide audianceof buyers?

Any more questions please ask!