Property Solutions to Sell Your House Fast For Market Value
If it’s your intention is to sell your house in 7 days to completion, then you’ll either need to take a hit on the price you accept of 25-30% discount. Or you need to be willing to accept alternative creative methods of sale. If you’re willing to be open to creative ways to selling your property, you may end up with the full asking price for your house or close to it.
How long it will take to sell your house from accepting an offer to completion is estimated to take between 8-10 weeks. But the time taken will be affected by a number of factors. These factors among others include how efficient your and your buyer’s solicitors are. How good your estate agent is at chasing the deal. How long it takes for the searches to be returned to your buyer’s solicitor. Plus how ready your buyer is to begin the buying process and whether or not they require a mortgage.
If you mean you want to sell your house in 5 days but subject to contract, then you need to find yourself a good local estate agent. Also, prepare your house for sale and fix up any low cost repairs, plus de-clutter each room in your house. But if your intention is to sell your house and complete within 5 days, then you may need to take a hit on the price you accept of 25-30% discount. Or you need to be willing to accept alternative creative methods of sale. These creative methods are completely legal, plus you may end up with the full asking price for your house or close to it.
Simultaneous exchange and completion means that you will exchange and complete on the same day. Whilst it’s usual practice to allow at least a week or two between exchange and completion, there are times when a same day completion is an advantage.
Whilst there doesn’t have to be, there is usually a gap between the exchange of contracts and the completion date. The gap is usually between two and four weeks long. This allows time for both parties (i.e. the buyer and the seller) to organise their personal belongings in readiness for moving. But also to arrange funds from mortgage lenders where appropriate.
If you’re stuck with the problem of “I can’t sell my house but want to buy another“, you don’t have to sell your house. But if you prefer to sell first, there are a number of options for you. Solutions to sell your house before you buy another include selling to an investor for cash, selling using a lease option or opting to not sell your existing house at all. This would be letting it out to tenants, but beware of the tax implications of this solution.
