Below, we look at our top tips to make sure you make the right decision.
Seek Independent Advice – Before you consider the final and somewhat ultimate solution of selling your home, make sure you have spoken to the people that can try to help you in times of financial difficulty, including your bank, mortgage lender and finally the Citizens’ Advice Bureau (CAB). It really is important you seek independent advice from people that might be able to help you; the CAB is a fantastic example of a body that will sit down and discuss your options with you. They might not find a solution but could offer valuable advice which might mean you do not have to sell your home to escape financial difficulties.
Get A Independent Value – Many estate agents will charge you a one off fee to value your home in case of divorce proceedings or other circumstances, so it is well worth finding out what the market values your home at be fore looking to sell your home quickly. Although most fast property sale companies will offer you a good price, you do have to realise that you will not always achieve its full market potential, hence the reason you are selling it so quickly.
Look At Your Options – Sit down when you have nothing else to focus on and work out any other options you might have. Could you have a mortgage lending holiday? Could the bank offer you a short term loan? Could you borrow money from family or friends to tide you over? There might be other options that you have not considered due to the fact that you are so worried and tied down by the fear of losing your home, so its vital you consider all of your options, with a quick house sale one of them.
Do Your Research – If you have made your decision and have decided that a quick house sale is your only option, then do some research, get as many valuations as you can from quick house sale companies and then research them some more. Make sure you get this part right, look at their testimonials, looking their company records on Companies House and just generally take your time to make sure the company you go for is the right company for you and your needs.
Decide Your Future Plans – Selling your home quickly is just the solution to the immediate problem you might be facing. Before you sell your home you need to think about the next steps, where are you going to go and how are you going to survive. Make sure you have some kind of plan in place before the quick house sale company purchases your home else you will be facing a muck bleaker future if you have to rush the future path for you and your family.