Yes it’s true! Even in the present financial chaos; you can still find Cash House Buyers whose principal purpose is to aid you to Sell property quickly. These Companies that buy homes have come along over the last 2 or three years in answer to the increasing demand from property owners who are stuck in a chain, who have set their hearts on several properties, only to see them sold from under their noses because they couldn’t sell their own property in time.
Within some property selling chains there are several such people, and they all have one goal in common. They simply want to Sell property quickly. Many of them are now realising that it’s better to take the lower offer from Cash House Buyers, because that in turn makes them Cash House Buyers, and so, as Cash House Buyers they are then in a very good bargaining position when it comes to buying their next property .
Even when they are competing against a few other buyers who’ve agreed to pay the full valuation, Cash House Buyers can often get the property at a very impressive discount, because sellers are beginning to realise that many of these would be purchasers may never be ready to complete the deal, because, by locking themselves into a full price deal, they’ve left themselves no flexibility for negotiation on the property they’re selling. Therefore the sale might take a very long time or in fact, may never happen at all.
The lure to Sell property quickly becomes overwhelmingly strong in particular as the seller comes under pressure to complete the purchase of his next property , or worse still, if he actually misses the property he’d set his heart on.
This is exactly when Companies that buy houses or even private Cash House Buyers can come to the fore and help to break the classic property buying chain.
Of course, for this to come about requires a great deal of imagination and negotiating skill on behalf of the first person to break the property buying chain. He must be the person who can see beyond the big discount he must give to the Cash House Buyers in order to Sell property quickly.
Typically Companies that buy homes offer 80% of a property’s market valuation. Now that seems at first like a staggering loss on what is, for most people, their largest asset. But, remember to offset against that loss all the savings to be made by selling to Cash House Buyers. There’ll be no advertising or Estate Agents fees, and if you go down this route in the beginning, there’ll be no HIPS to shell out for. Additionally, you’ll be in a formidable negotiating position for your next purchase, because you’ll have now become Cash House Buyers yourself.
You’ll certainly be able to find and buy a property that you really want at a discount of at the very minimum ten percent, and probably more. When you add that together with the other savings you’ve made, you should see that the net result of giving away 20% to Sell property quickly in order to break out of the vicious property sales chain, is that you should be able to claw back most, or if you’re really lucky, all of it.
Just remember, the easy bit is giving away the discount on your own property . Don’t do that unless you’re confident that you can follow that up with hard bargaining as a buyer later. Don’t begin this process if you only have your heart set on buying one particular property . You need to have several potential homes in mind to buy, so that you can negotiate from a non emotional standpoint.