Selling Houses For Cash In The UK
A cash buyer for a property is a weight off anyone’s shoulders, especially ones that will buy houses for cash. Basically instead of waiting the usual 6 to 12 months in order to get a sale for your home with a regular estate agent, you can actually complete the whole transaction in 6 to 12 days. The reason being is a cash buyer doesn’t have to rely on mortgage companies lending to them, they simply deal direct with their solicitors and once valuations are complete, transfer funds from their accounts into yours!
The trouble comes when you try to go out and find a cash buyer. Estate agents tend to fool you when you sign up with them, and often make claims that they have cash buyers on their books that are looking for property in your area. This may be true, but 9 times out of 10 it is a ploy to get you to sign up with the agent. Cash buyers are a great alternative to estate agents, but letting estate agents find them for you is never a good idea.
So how do you find a cash buyer? Simple. Like anything these days, property sales revolve around the internet and cash buyers are always searching the internet for suitable properties to add to their portfolios. One of the first places to try is the property forums. There are plenty of forums that have genuine property investors in, in fact there is even a group on Facebook that is dedicated to property investors.
If you are brave enough, the first step to finding a cash buyer is to visit these forums and get chatting. Tell everyone about your property, your asking price, and the reason you need to sell quickly.
The final option and probably the easiest way to find a cash property buyer is to visit an actual cash buying company. You need to be careful when choosing one, as there are currently a number of scams being practiced. However, if you choose a company that is registered with the NAPB, can provide you with proof of funds and doesn’t ask you to sign up to lengthy contracts you should be safe, and should be able to sell your property in a matter of days.