Brought to you by MPG Investments
There are many reasons why some homeowners have an urgent need to sell their properties fast. Do you identify with one or more of the fast-selling scenarios that are sketched below? Read this article for useful tips and expert advice on how to sell your house fast without risking unnecessary expense or delay!
The need to release home equity as a means to stop repossession, or to settle mounting debt ranks among the main reasons for having to sell a home fast. By selling fast, homeowners can access the financial resources they need to stop repossession orders or to repay consumer debt. Once the homeowner has regained financial control, he or she can save to re-enter the property market as a cash buyer in future.
Houses with structural damage, section 20 notices as well as probate homes are often referred to as problem properties. The owners of such properties are prime candidates for a fast home sale!
Major structural issues, subsidence, rising damp or a leaking roof can really complicate the selling process for homeowners. This is understandable, as buyers and estate agents would not want to purchase property that requires extensive financial investment just to get it up to scratch.
A section 20 notice, which is an official document issued by the council, holds all leaseholders liable for a certain percentage of their building’s refurbishment costs. Section 20 notices are problematic on two counts: Firstly, homebuyers are deterred by the noise and inconvenience of construction. Secondly, and more importantly, nobody wants to purchase a home with debt imposed on it.
Probate property, or inherited property, is also problematic as it usually involves lengthy and expensive legal proceedings. If the heir wants to keep the house, he or she will need to sacrifice a significant portion of its market value to capital gains tax. Furthermore, it is often the case that the heir lives in a town or city far away from the inherited property, and may not have any intention of moving. Selling probate property as fast as possible is a convenient way to solve these problems.
A fast cash house sale is also often best when addressing family emergencies such as death or divorce. The last thing you want to worry about after a loved one dies, especially in the case of the breadwinner, is how your financial obligations will be met in future. Many homeowners opt for a fast home sale, as it releases home equity to support them until they are ready to re-enter the property market as cash buyers in future.
Similarly, a fast house sale is favourable in the event of divorce, as it avoids a drawn-out process that could lead to further arguments and disruption for the children.
Homeowners who are about to emigrate or relocate in order to pursue a new career or lucrative business opportunity can also enjoy the advantages of selling their property fast. Considering that extensive planning is required in both instances, a lengthy and complicated home-selling process is the last thing you’ll need!
You could choose to sell your house through an estate agent. If you decide to go this route, however, we strongly recommend that you contact a credible estate agency. Hidden costs, extra charges and waiting periods are just some of the ways in which estate agents often disappoint homeowners. One idea is to request multiple home valuations from a range of companies – this way, you can get a true indication of your property’s market value.
Another option is to auction your property off. Homeowners should only consider this as an absolute last resort, however, as auctions often only yield a small percentage of a property’s market value.
Thanks to MPG Investments, the UK’s fast house sale specialists, you can sell your house in just 7 days! Do not subject yourself to delays, hidden costs or to the other risks that are mentioned above. Why not consider MPG’s foolproof cash offer?
When you call MPG Investments and speak to one of our qualified consultants, we can arrange to valuate your property within 24 hours of your call! No more than 48 hours later, we present you with a guaranteed cash offer for your property, which can be finalised in as little as a week!
Furthermore, we give you the option to Sell and Rent Back – the innovative way to sell your home without having to move! It couldn’t be simpler: You sell your property to MPG Investments in 7 days and then proceed by renting it back from us at an affordable rate! This way, you can avoid the stress and upheaval that moving house usually entails.
Call us today on 0800 634 9231 and give us the opportunity to show you just how fast and easy selling your home can be!
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