How To Sell Your Property For Cash…Fast

by Guest on December 5, 2013

Trying to sell your home can be a confusing time and it can also be a lengthy process. There are lots of things to think about, especially when it comes to doing the right thing for you and for your finances. Your reason for selling could have an impact on the method you use to sell.

Before you decide to take the plunge and sell your property there are lots of things that you should take the time to consider. People choose to sell their homes for all kinds of reasons. They might want to change the location of where they live, have more room or less room in the house, or want to make some money because of debts or worries of repossession.

However, finding someone to purchase your home is not always a speedy process and can sometimes take months or even maybe a year, which can be frustrating if you are trying to work to a tight timescale for whatever reason.

If you’re house is not selling as fast as you would like or need it to, this can cause problems if you are relying on the money that you will gain from it for something else, such as towards the payment of another house.

Here are some other things that you could try to speed up the process so that you can get access to money faster.

Going to auction

You could always consider selling your house at an auction, with a reserve price of the minimum amount that you would like for it. If you research your market and choose the best auction for that, you could get a quick sale, and maybe more cash than your reserve.

Be prepared to look again at your asking price or having work done

While having work done on the house, if you can wait that long to sell, or lowering your asking price might mean that you have to spend more money before selling your house, it could improve your chances of selling it at all. If a property stays on the market unsold for too long, it could harm your chances getting sold. Depending on what work you decide to carry out, it could also increase the value of your property.

Going to a house buyer

Sometimes, those in need of a speedy sale might consider using a house buying company like House Buyer Bureau, as a way of doing this quickly. They will value your home, and a lot of them will try and complete the sale within four weeks. However, they will not always buy the property at its full market value so do some research beforehand and make sure that you are getting a good deal. Some companies will offer to pay some of the fees that come from valuations and the legal fees so you may want to look into that too.

If you are considering selling your home as a way to make money as a way of making money because of financial difficulties there are other things that you could also consider so weigh up all of your options.

  • Michael @ Financial Ramblings

    In general, if you want to sell something fast, price it aggressively.

  • Pauline @RFIndependence

    I would take a loan against the house to have more time and sell at a better price hopefully. as a buyer I’d like to see a marketplace with short sales easier to find out, I sometimes look for some but almost never find those crazy bargains like in the US foreclosures.

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