Why you shouldn’t be too hasty selling your house to a company offering to pay cash

If you’re in need of selling your home or property fast and have seen one of those ads from a company saying “we pay cash for your home” stop for a minute and read this first, as there are other options available which may be more suitable for your circumstances.



Selling a property fast and why you might specifically require a quick sale

Everyone’s circumstances are different of course, but there are many reasons why a property owner might be seeking a quick sale. You might be seriously behind on mortgage repayments and not have long before the lender files for eviction. If there’s any equity left in the property after the loan amount you would seriously be risking your chances of salvaging any of the equity remaining in your property by leaving it to the bank to sell on, after all they are only interested in recovering what is owed to them!

Either way, it’s going to be best if you try selling your home for a price you deem suitable right? Even if it’s to one of those companies offering to pay “Below Market Value” for it, otherwise known as BMV.

Another example is you might have seen a property that you have your heart set on but don’t have time to sit around and wait for your home to sell. Or maybe you’ve seen a retirement opportunity that doesn’t come up very often which you just can’t afford to miss out on.

Or maybe you have inherited a property through probate which is nowhere near where you live, you don’t know the area and you just want to get it sold fast. There’s so many reasons why a property may require a quick sale, I’m sure you get the gist. There seems to be ads popping up everywhere across social media and google from companies offering to pay cash for your home at a reduced price in return for a guaranteed quick sale, especially during times of any economic crisis like we’ve had recently with the COVID 19 / Corona Virus.

The question is…. Should you consider this as a viable option of selling your home?


Well – first let’s look at all your selling options in United Kingdom


Location: United Kingdom

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