Help to sell my property | Page 7 of 30

How Do Companies That Buy Your House Work: Pros vs Cons Of Selling Your Home To Companies That Buy Houses!

By Russell BowyerPosted in Help to sell my property, News, Property discussion, Stop house repossessionNo Comments

Companies that buy houses work well for those home owners who are looking for a quick sale and need cash fast. The process is normally very quick from accepting the offer through to completion and you receiving the funds. There are no chains to contend with, you don’t need to involve estate agents (so no estate agent fees), but you will need to be prepared to accept a lower than market value offer to sell your house in this way. Typically you’ll receive between 25-30% less for your property than if you were to sell it in the conventional way using an estate agent. You will need to weigh-up the pros vs the cons of selling your home in this way before making a decision.

Exchange And Complete On Same Day Coronavirus – Covid-19

By Russell BowyerPosted in Help to sell my property, News, Property discussionNo Comments

Whilst there are risks associated with exchanging and completing on the same day, it is worth considering how these compere to the risks of a delay between exchange and completion during the Coronavirus pandemic. The main risk is from someone in the chain contracting Coronavirus Covid-19, which could delay or prevent the move. This could be you or one of the other people in the chain. But equally it could be your solicitor or another solicitor in the chain. If this were to happen it could cause a delay to the completion date and may have serious financial implications to you or to others in the chain.

Can You Exchange Contracts And Complete On The Same Day? (Plus 7 Risks)

By Russell BowyerPosted in Help to sell my property, Property discussionNo Comments

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.

Why Is There A Gap Between Exchange And Completion? (Is A Gap Needed?)

By Russell BowyerPosted in Help to sell my property, Property discussionTagged Why is there a gap between exchange and completionNo Comments

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.

I Can’t Sell My House But Want To Buy Another (What Are Your Options?)

By Russell BowyerPosted in Help to sell my property, Property discussionTagged I Can't sell my house but want to buy another4 Comments

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.

How Do You Find Out How Long A House Has Been On The Market?

By Russell BowyerPosted in Help to sell my property, Property discussionTagged How do you find out how long a house has been on the marketNo Comments

To find out how long a house has been on the market there are a few simple ways. These include asking the estate agent, looking on the internet on Rightmore, Zillow and Zoopla or asking the vendor. As a seller, and if it’s your houses that’s been on the market for a while, you may be at a disadvantage as a stagnant property can become less desirable. But as a buyer you may have an edge when it comes to negotiating the price and terms.