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Companies Buying Your House for Cash

GOG
Posts: 4 Newbie
Anyone got experience of companies offering to buy your house for cash within 48 hours? They say no cost to home owner - is this because they offer rubbish price for your home in the first place?
Are they worth considering or only for the desperate? Any help/advice appreciated.
Are they worth considering or only for the desperate? Any help/advice appreciated.
0
Comments
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Rubbish price. In my opinion they are a bunch of blood-sucking crooked shysters that we don't want in our country. Others may think they are wonderful, honourable chaps, aye, right...0
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They are only for the desperate really. They can get the deal done quickly but will offer you a substantionally lower price than your house is worth.0
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They'll all be after a really good bargain.
If you want to sell quick try auction but be realistic about auction pricing - about 70% of the auction near me DIDN'T sell this last auction - presumably people having reserves set way too high.0 -
From what I have heard, these companies will give a timescale for exchange and completion. However, they do not adhere to this, and will find an excuse for delay. As the seller becomes more desperate, they will then try to reduce the price originally agreed.0
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Is this one of those that then rent it back to you too? Usually at an above market rate, and once the first agreed period is up, six months or a year maybe, will look to push the rate higher - at which point you have no rights and have to like it or lump it.0
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