Securing a quick sale of your property
We are living in tricky and surprising times.
It is frankly amazing to see banks being nationalised, going out of business and stellar “brands” such as Merrill Lynch and Goldman Sachs being forced to restructure to survive.
Last week the world looked to the US to “bail out” its banking sector to the tune of $700 billion. It did so yet the financial markets continue to slide and now the UK government is pumping billions of pounds in to the UK banking system.
The housing market has fallen sharply. The Royal Institute of Chartered Surveyors (RICS) reports that in September sales were at the lowest level since its monthly survey started in 1978. Reports at the weekend (Sunday Times) suggested property in central Manchester had slid 34%. When will it stop?
In the midst of all this chaos individuals still need to sell their house. Jobs and family circumstances force relocation decisions.
Major life events such as births, deaths and divorce result in necessary changes to property ownership. Plus for many families there is the pressure of location, location, location when securing a good school place for children.
In theory houses could still be selling. However, in practice the availability of homebuyers and credit is limited. Prices have tumbled.
If you have flexibility on a sale price and your need to sell your house then you can still secure a quick sale. Cash property buyers i.e. those not dependant on securing a mortgage are still in the market, although limited in number.
Securing a guaranteed sale of your property or one that you have inherited could bring piece of mind and may help you and your family with your own financial positions.
True the price will not be what it was 12 months ago but nobody can predict the future or even what the next week will bring.
Molae Properties are specialist property cash buyers. Visit our testimonials page and the FAQs to see how our service works. Call freephone number 0800 634 5892 to discuss how we can help you without obligation.