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Homebuying companies
fatboyonadiet
Posts: 5,400 Forumite
My house is up for sale and has some marketing leaflets from companies looking to purchase houses for cash in the area and offering no onbligation quotes.
Is it worth pursuing these? Or will they give me significantly less then what it's on the market for?
Is it worth pursuing these? Or will they give me significantly less then what it's on the market for?
2p off is still 2p off!
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Comments
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If you are happy to take at least 20% less than your asking price, go ahead
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Otherwise, don't bother. They are, of course, looking to make a profit and their market is distressed vendors, not just fed-up ones
If you want to post up a link to your house, we can maybe offer some advice on how to help it sell.Everything that is supposed to be in heaven is already here on earth.
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Don't think there is much else I could do? Think it's just been a bad month with half-term/people going away and the fact that loads of people put houses up for sale in May to avoid the seller pack thing.2p off is still 2p off!0
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Be careful, some of these guys will charge you to have a survey done of your house and then offer low a ridiculously low price, so even if you turn it down they've still had you pay them for and expensive survey0
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a house i know of has been bought for £121000 by a company like this. worth about £157500.0
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Agree with CL. Whatever you do do not pay anyone to come and give you a valuation. Any of these companies should be able to give you a valuation and cash offer for free and with no obligation. If they don't, you can be sure they probably buy very few houses and instead make all their money on valuations. You need to be prepared though to look at getting 80-90% of the market value in exchange for the cash offer.0
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Cheers all, thought as much - reckon I'll give it a miss for the mo then2p off is still 2p off!0
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