If you are aiming for a swift and efficient move you have probably, if not definitely, come across the term Quick House Sale.
If you want to sell your house fast you need expert help. House sales can be complicated and long-winded and the idea of a smooth, safe and successful house sale is gloriously attractive. If you are thinking about selling your property in this way it is wise to gain a full understanding and consider all of your potential options.
Here is my step-by-step guide to a quick house sale.
Quick House Sale Explained:
A quick house sale offer can be made from a property cash buyer (or a buying business) that specialises in delivering what would be considered a fast purchase. The term ‘speed of sale’ is considered and compared to the average time a completed house sale takes on the open market, which usually accounts for 6 – 8 weeks.
A quick house sale can take between 1 – 2 weeks and this is usually achieved because the property buyer is in a flexible position upon purchasing. This simply means that if a quick house sale offer has been made, the business or property cash buyer is in a position to buy the property straight away, and isn’t caught up in a property chain, nor tied down to any existing commitments affecting their purchase.
The Process of a Quick House Sale:
At the point of selling your house, establishing the type of business you are dealing with is key to assessing weather it is the right process for you.
Here is a simple 4 step process for a quick house sale.
Step 1 – Contact a property cash buyer:
There are many ways in which you are able to contact a potential property cash buyer to enquire about a quick house sale. Most buyers will have a website with an accessible and instant enquiries form to fill out online like this one here, this is the most common way to submit an enquiry for a valuation.
It would not be unheard of for a property cash buyer to contact you if you have a property on the open market.
Step 2 – Get your Free Valuation:
On contacting a property cash buyer you will be offered a free valuation. Most of the valuations are completed within 24 hours and are free – really free! You will be asked a number of questions and on providing the answers the property cash buyer will be able to gain an idea of your property type, area type and valuational amount. These questions are usually basic and uncomplicated, and usually request;
- Your full name
- Your preferred contact details
- Your Property details
- Reason for selling
Step 3 – The legalities of a quick house sale and the acceptance process:
Once you have received your valuation verbally, you should expect to receive a written version of your valuation as a follow up. This will normally be sent over to you via email. You have the upper hand here as you can use your time effectively to consider your valuation and your priorities.
The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor, and in a common circumstance a property cash buyer will have a recommended solicitor in place to legally support the contract. It is a good idea to do some research into which solicitor will be used.
Step 4 – The quick house sale agreement:
If you decide to go ahead with the quick house sale you will be assigned your own solicitor and there is no charge for this. The solicitor will then take care of all the legal work and the aim of a quick house sale is to get the contracts exchanged within 7 working days.
For more information on the process of selling your home and considering a property cash buyer please click here.