There are a large number of people who want to sell their properties quickly and use the services of quick property buying companies. We are often asked what sort of people want to sell in 7 days rather than get a little extra in the open market?
The truth is that everyone is different and the reasons can be numerous. But there are some common reasons why people want to sell fast.
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Broken Chain
The seller may have been in a chain or at least buying another property and their buyer has pulled out. If they do not get a new buyer very quickly they may lose their onward purchase.
Relocating
Many people approach companies like Quick Property Buyer, because they are relocating to another part of the country for work or another reason. Therefore they want to start again in a new area and may need funds to do so, not having the luxury of being able to wait 9 months to get the proceeds of their house sale.
Inherited Property
Sellers may have inherited a property and have a large inheritance tax bill to pay. They again may want a quick sale for this reason.
Financial Difficulties
Some sellers may be in financial difficulties and may even be facing repossession. Nobody wants that on their credit score, so selling quickly to a cash buyer company is certainly better than letting the bank seize the house.
Property May Not Be Selling on the Open Market
Many people approach us, because their properties are just not selling on the open market. They have tried everything including switching agents but have still not found a buyer. Therefore they come to us.
Divorce and Separation
This is another common reason. There can be a lot of animosity between the parties and they just want to sell up quickly and have a fast clean break. Using a cash buying company enables this.
Whatever the reason, if you would like sell your property fast, feel free to contact us for a no obligation cash offer.