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The Savvy Scot

Personal finance and lifestyle blog

Can You Sell You Home in 7 Days?

By Pauline

 

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Credit

 

Sometimes when you are looking to move home you will need the process to happen as quickly as possible. This could be so that you can purchase a new property, you could be looking to raise money for a new business, you could be going through divorce, facing repossession or you may want to release the cash equity in your house.

The property selling process is one which can be very long and drawn out, and often this will make the experience a stressful and expensive one. Fortunately, there is a brilliant way to quickly sell your property and for the best possible price. This is something which many homeowners are now looking to do and this could be for one of the above reasons, or just because they want to speed the process up and move into a new home.

Selling Your Home to a Cash House Buyer

You can do this using a company that buys properties for cash. With the right company the entire process can be completed in just 7 days, because you do not need to advertise the property and find somebody looking to move in. The process works by you first contacting one of these companies, where after completing a survey you will get an indication of the amount that you will receive.

You will then be consulted, and then an appraisal and valuation of your property will be completed. Usually this will be by two local estate agents, and then a formal offer is made. An RICS Chartered Surveyor will then inspect the property and the formal offer will be reconfirmed. With the right company this will all be taken care of at their expense. Moving dates will then be confirmed, contracts exchanged, and once payment of loans or mortgages have been made the cash will be transferred into your account.

Using Cash Saved for Mortgage Deposit

This is a great way to quickly sell your property without spending a penny. This can be useful when putting a deposit down on a mortgage for your new property, as the higher deposit that you can put down, the lower the interest rate you will be offered. This makes selling your property to a company that will buy it for cash not just a way to speed the process up and reduce stress, it also makes it the smart financial move to make.

In order to get the best value for your property, along with a straightforward process, it is important for you sell to a reputable company. This includes House Buyer Bureau and similar buyers. With these companies the process could be complete in as little as 7 days, and you will then receive the cash in your account which can be used when putting a deposit down on a mortgage for your new property. The moving process can be long, drawn out and expensive at times. This does not have to be the case, as with the help of cash house buyers you can get fantastic value and save money on fees involved in the process.

Filed Under: Money Tagged With: cash house, debt, distressed property, foreclosure, Housing, mortgage, property, sell house fast

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