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Swift Sales For Ready Cash

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By Author: sean conoly
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Do you need that capital immediately, to invest in your dreamed of project? Have you been rendered jobless and in dire need of that extra investment that can help you go on with your expenses without worries? Are you thinking of moving, but can’t find a buyer for your home in time? Do you need to sell off your current accommodation, to buy a better home in a better neighbourhood?

In today’s situation of recession and global financial crunch, owning an extra home can prove to be more of a liability than an asset, what with the rising mortgage rates and tax situation. Tying to sell your home without effective advertising and proper assistance from estate agents can be a tricky task. Estate agents fees can prove quite a drain on your finances and the hassles involved can be quite a burden for you. There is no guarantee that your house will get sold in time to meet your emergency requirements, as it can take from six months to a year or even more in today’s economy slump, for actual property sales to be realized, even in the best locations.

You may be vary of putting up ‘for sale’ signs in front of your ...
... house to avoid hassles involving harassing neighbours, or of too many people coming for viewing, without intentions of buying. You may also be concerned about the low maintenance state of the structure and its need for extensive repairs which you couldn’t afford. Hidden costs like survey and legal fees, and other legislation fees may come as surprises to you and deplete the funds from the sale to a considerable level.

In today’s prevailing global crisis conditions, a newer form of business has evolved in the real estate market, where financially affluent dealers or buyers are offering quick buy options without having to depend on mortgages and bank loans. These investors have a lot of expertise in the realty field, and offer to buy properties or effect sales in a very short time span, for vendors who are in immediate need of cash. They work in hand in hand with mortgage dealers, legal professionals and loan providers to cover the entire process of survey, financing and registration in record time.

These investors usually pay less than the existing market value of the property, which can be lower than 70% of the standing valuation. But vendors are opting for such sales more and more in emergency situations, because of the guarantee of speedy sales and immediate realization of cash. They offer to buy properties in any state of disrepair, which would be a hard task and an extremely long wait in normal circumstances. Such Home buyers offer to even pay the survey and legal charges involved in a sale and promise to avoid hidden fees and charges. Quick house sale is carried out in a guaranteed period of less than four weeks and with a limited number of viewings and minimum headaches for the seller.


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