December 10th, 2009
Has anyone sold a property to one of these “complete in 3 weeks” companies/people?
they buy your property about 10-15% cheaper than the market value,with the option of you renting it back- do you think these companies are dodgy. I am in the process of selling my flat to one of these people, not to rent back, just because i want to get rid quick, but i am worried i am going to get stung- has anyone got any stories to share?
Related posts:
- I jointly own a property with my sister I live in it and she lives in Spain, where do i stand? I purchased the property i live in with my sister in November 06 and we each put in an equal share of £34000, hers in cash and mine in...
- when buying a foreclosure is it possible to find some that people have it all but payed off? Has anyone thats in the industry ever found a home going into foreclosure that has been dramatically paid down however the owner could no longer pay for it? The...
- Quick question about selling leased property? I own a flat which is leasehold, I am thinking of selling and was wondering if anyone could tell me if the there was a rule of thumb as...
- How to rent out current property and buy new house? My house is currently on the market for a straight sell so that i can buy another property. It was suggested to me today that i could rent out...
- Why do people in the UK now buy property in Bulgaria? The are a lot countries closer to the UK then Bulgaria. I don’t think property is particularly cheap there..only compared to th UK..not compared to the Netherlands, Belgium, Germany,...
Filed under: Buy Property











































Be very careful and do not sign anything until you’ve had the full paperwork checked out by a good solicitor. Lots of scams about so check and double check before making your decision
estas compañías son aceptables, si usted es desesperado para el dinero, consiguen a su abogado comprobar cualquier cosa antes de usted muestra porque usted consigue solamente el cerca de 80% del valor de mercado. tenga cuidado
It is not 10 to 15 percent off they offer for your property. It is more like 50 percent below the price.
these companies are legitimate and make their living buying houses from folks who need to get out from under the financial obligation of owning the house. usually they are close to foreclosure and selling to them is better than forclosure in most cases. ask yourself if you’re in that kind of situation. if not, list the property for sale with a realtor. but if you are desperate – selling the house to them might be the way to go. just try to negotiate for as much money as you can get from the sale.