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selling house on a 'sold as seen' basis
callllly
Posts: 8 Forumite
i have a house i want to sell....houses in the same street can go for between 80,000 to 100,000, ideal for first time buyers .... we owe about 60,000 on mortgage
House needs many repairs, full rewiring, plastering, plumbing etc...
Would it be worth selling to a company that buy houses that need repairs for less than the house is worth.
Any advise would be appreciated
House needs many repairs, full rewiring, plastering, plumbing etc...
Would it be worth selling to a company that buy houses that need repairs for less than the house is worth.
Any advise would be appreciated
0
Comments
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House buying companies are generally considered to be a bunch of crooks - even if they offer you a decent (albeit below value) price most people never see that figure after all the "fees" etc that they levy.
Rather look to sell it at an attractive price to someone who is looking for a fixer-upper - could be a small developer, could just be a normal person. Price it right and it will sell.0 -
If you mean a 'quick-buy' company, no. They'll offer to pay 70% market value, then ask for their 'valuation' or 'admin' fee, and do a valuation. They'll value it at .... oh.. £60K and then offer you 70% of that.
You either accept or lose your fee...
Just price it right and put it on with a normal agent.0 -
Be positive...if you talk like you are you will be skinned....good luckIt is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
House needs many repairs, full rewiring, plastering, plumbing etc...
Properties of this nature usually attract keen interest at auctions.0
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