This is probably the question we're asked more
than any other. The scenario goes like this. You've not sold your
current home. But you find a 'must buy house' and wonder what you can
do.
But if you feel you
simply must have a particular house then there is one other option to
try - become a chain free buyer yourself by getting a buyer for your own house.
You
can do this by using the services of a firm that buys property. We can
offer on your house giving you the confidence to offer on another!
If anything it's
actually become easier to use the services of firm that buys houses. In the current climate you can buy
even more cheaply! There are too many people viewing property today that
have not sold their own house. Having your own home under offer puts you
in a very strong bargaining position.
Think about it.
Most properties are selling below their advertised selling price. You
should be able to negotiate an even greater discount by being a flexible
buyer - because we'll time the sale to suit you.
Here is the underlying logic. We'll offer you a realistic price for your
own house - given current market conditions. This will be less than what
you could achieve if you had more time available. You will be selling at
a lower level than if you had all the time in the world. But you don't.
Put another way: you sell more cheaply
than you would normally to
buy cheaper than you'd be able to otherwise.
But
can't I sell my home quickly using estate agents you ask? It might be
the case you've seen a house you want to buy even before you've put your
house on the market. Is it worth trying to sell your home quickly using
agents if you've already seen your dream home?
Maybe. The question might be
can I sell my home quickly
with a high street agent if I set the price correctly? Maybe.
But
there are some disadvantages.
You may have some difficulty in persuading an
estate agent to set the price low enough. Even if they do lower the
price and they find a buyer you have little influence over the timing of
the sale. Remember, you need a chain free buyer to be certain of your
own purchase.
You'll need to work incredibly hard to pin agents
and solicitors down on the fine detail of selling - after all your next
purchase is at stake! This means checking right at the beginning that
your potential buyer can proceed.
The deciding factor might be that you're simply not
confident of selling your home in the time required without extra help.
Perhaps if your home is in an area of really solid demand it's worth a
gamble. So the answer to the question can I sell my home quick to buy
another is - yes.
But probably not without help from a specialist home
purchase company.