Sell your house quickly when going through a divorce

May 28th, 2010

Unfortunately due to many reasons thousands of couples find that they do not get along and the only solution is a divorce. Divorce is one of the most stressful things in life to have to contend with, along with selling property and moving home.  When going through a divorce all of these things are often combined together as there is the need to sell what used to be the family home. This leaves you with the problem of having to find another property and move. However there may be a way that you are able to sell your house quickly when divorcing and even remain in it if one partner wishes to.

When going through divorce it may be that neither of the partners wishes to remain in the home. For instance there may be too many memories. In this case you simply wish to sell the property and the sooner you sell the easier it may be to pick up the pieces of your life. If you wish to sell and want to split the proceeds from the sale down the middle it can be a time consuming and expensive task with an estate agent. In this case when you are going through a divorce you might want to sell quickly with a company offering to pay cash for the property. Usually you are able to sell within just weeks of contacting the quick sale company. You do not have to worry about watching as people walk through your home, often at some of the most inconvenient times. You also do not have to worry about decorating the property or sprucing it up as usually companies consider properties in any state. The last thing you want when you are suffering a divorce is worrying about having to begin painting.

On the other hand if you are going through a divorce one of the partners might wish to stay on in the property but the property has to be sold in order to split the proceeds. In this case quick sale and rent back property buyers may be able to help. You are able to sell fast and sell for cash and then stay on in the property by paying rent. You are able to avoid adding stress onto the divorce and as the company pays you cash for the property you are able to split the sale proceeds right down the middle. The partner paying rent to stay on in the home typically also has the option of being able to purchase the property back once they have got back on their feet. When going through a divorce and there are children to take into account this may be the ideal solution for both parties. Divorce can affect children very badly and more so if you are taking them away from their home due to having to sell due to divorce. When taking a quick sale solution this may be avoided, making life a great deal easier for all of those involved.

QSC have many years of experience in helping UK homeowners with fast sales.  We take pride in offering free, confidential and no obligation assistance to people going through divorce. Visit our website at www.quick-sale-completions.co.uk and find out more about our services

The pros and cons of sell and rent back

May 28th, 2010

Sell and rent back is one way of avoiding losing your home if you are behind with your mortgage repayments. Finding a quick sale completion company who is willing to buy your home fast may save a great deal of heartache as you are able to remain in the property. However, when considering selling and renting back, you may wish to weigh up the pros and cons before jumping in.

One of the biggest pros when you choose to sell and rent back with a quick sale completion company is of course that you are able to remain in the property. When you sell and rent back the company works with you to find a deal that works for you. They typically give you so much of the full value of your home and then ask that you pay so much in rent each week so that you can stay on in the property. This brings us to one of the downsides of choosing to sell and rent back.

Typically when selling your home through sell and rent back with a quick sale completion company you are not given the full asking price of your property. However this may not be as bad as it sounds when you take into account what you get in return.

When selling with a quick sale company offering you the chance to sell and rent back there are usually no fees to pay out to such as an estate agent or a solicitor. When you take into account that these fees may add up to a considerable sum of money the slight reduction in the price you may be offered for your property may not seem as daunting as it first did.

You also have to take into account that when you sell and rent back to avoid repossession you are usually able to get a guaranteed sale if you and the quick sale completion company are happy to go ahead. This sale may also be over very quickly, often in just a matter of a few weeks, which when faced with repossession can be a lifeline.

Another bonus to choosing to sell and rent back your home is that you are often given the chance by the quick sale completion company of buying back in the future. You may have short term financial problems and are able to buy back at an agreed date in the future and for an agreed sum of money at the time of selling. You are able to choose to sell and rent back your home in a wide range of circumstances requiring you to obtain a fast house sale.

You may sell and rent back if divorcing and one partner wishes to remain in the property. You might need to get your hands on a large cash sum of money by using the equity in your home. In these cases you can sell property fast and rent back to remain in it with the option of buying back in the future. You might even wish to sell fast and rent back if you are emigrating and want peace of mind of a fast sale. In this case you can sell for cash and then rent back the property until it’s time to leave.

I want to sell my house for cash and sell quickly!

May 26th, 2010

Have you ever wondered how many times homeowners have uttered the words, “I want to sell my house for cash and sell quickly?” Anyone wanting a fast house sale may wish to give some thought to the options available to them. So if you want to know how to sell your house quickly then read on.

So if I wanted to sell my house for cash what are my options? I could sell through an estate agent, I could try to sell my house privately or I could choose to sell to a company that offers to buy homes for cash. When considering how to sell your house quickly you may wish to forget about estate agents, as typically properties can remain on the market for many months. You may try to advertise yourself but this comes with costs for advertising, printing, it is time consuming and you may not get a fast sale. I could choose the third option and sell my house for cash to a company offering a quick sale, and if time is of the essence this may be the best choice out of the three.

One of the main problems if I wanted to sell my house for cash myself or with an estate agent, besides the fact that I may not get a quick sale, is the costs involved. With both of these options I would have to pay out for a solicitor at some point and when going with an estate agent I would have their fees to pay.

When looking into how to sell your house quickly with a specialist company you will find that typically there are no fees to pay. Usually any fees are paid by the company which means you might be able to save a great deal of money.

However if I wanted to sell my house for cash with such a company, while there are usually no fees attached, there is another factor that has to be weighed up. This factor is that I many not get the full asking price for the property. This could be something like 20% to 34% below the current market value. However when looking into how to sell your house quickly this way, you may want to weigh up the fact that you will not have fees to pay, you are guaranteed a fast sale if you and the company are happy to go ahead and you may sell in just a matter of weeks.

If I wanted to sell my house for cash then I would also have to bear in mind that if I were to sell myself or with an estate agent I might not get the asking price for my home anyway. Bear in mind that in order to get buyers interested in your home you could have to drop the asking price considerably and you may even have to pay out to spruce up your property if it is in disrepair.

So when looking into how to sell your house quickly you may wish to spend some time weighing up the above before choosing which of the options might be the most suitable.

How to find a good solicitor when selling your house quickly

May 20th, 2010

There are many aspects that you have to deal with when looking for a fast home sale and one of the most important is choosing a good solicitor. So how does one find a good solicitor and what should you look for?

There are numerous ways to go about finding a great solicitor when you wish to sell a house fast. You could for instance choose to ask around friends and family to find out which solicitor they chose, your mortgage lender may have some suggestions where to look and of course if you already have a family solicitor this should be one of your ports of call, if they themselves do not deal with fast house sales the chances are that they will know of someone.

Of course when looking for a solicitor to help you to sell property fast one of your main concerns will be the fees. You may find when you look around that the hourly rate for solicitors varies and some may ask for extravagant sums of money. There could be numerous reasons why one solicitor may charge much more than other; experience for example could be a factor. However this is not to say that the more you pay the better service you get, so you have to do your homework thoroughly. The internet is a great place for checking out solicitor’s websites and their company backgrounds, so use it! You may also wish to check if the solicitor you are considering belongs to an organization. The yellow pages or phone book is also a great starting place when looking for solicitors in your area; you can even make a search on the internet using a search engine, specifying your local area.

It is essential to choose a good solicitor who has had plenty of experience in helping others to sell property quickly.  Your solicitor will have to take care of many tasks and these include, the exchange of a sales agreement, obtaining the title property deeds, property information, drafting up a contract and transfer of money and the title deeds to the property.

When choosing a solicitor to help you sell your house for cash you also need to consider the fact that the selling process can take a great deal of time so you need to choose a solicitor that you get along with. If you clash at your first meeting it might be an indication that you should look around as you do not want to add stress onto an already stressful situation. If you feel happy and relaxed when talking with the solicitor and they put you at ease you cannot go wrong.

Choosing the right solicitor can make a huge difference when you need to sell property fast. Always get your solicitor to talk in a language that you understand and ensure that you know what you are signing before putting pen to paper. Choosing someone who is not in too much of a rush that they may overlook something yet who does not act too slow can be like looking for a needle in a haystack, however it is possible and it is in your best interest to ensure you do so.

QSC have contacts with solicitors throughout the UK who specialize in helping homeowners in difficult situations – feel free to contact us via our ‘60 Second Enquiry’ form on the following website: http://www.quick-sale-completions.co.uk/

Dealing with Lenders when in Mortgage Arrears

May 20th, 2010

Mortgage arrears can be the worst nightmare of any homebuyer as they may lead to you losing your home. However this is not to say that all is lost if you fall behind with your mortgage repayments, in some cases property buyers are able to avoid repossession, but this may depend on your actions and your dealings with your lender.

Typically lenders are reluctant to take property away from the homebuyer, despite what you may believe the majority would rather come to an agreement with property buyers, allowing them to stay in their homes. Repossession is usually only a final resort and of course depends on how far you are behind with your mortgage repayments and the circumstances. Generally major lenders do not commence mortgage repossession unless you are at least three months in mortgage arrears; some may even give the homebuyer six months grace before taking proceedings. If you know you cannot meet your mortgage repayment the first step is to:

Speak with your mortgage lender

As soon as you realize you cannot meet your mortgage repayment, the first step, and this is a crucial step, is to get in touch with your mortgage lender. The sooner you contact them the better your chances are of being able to reach an agreement, so let your lender know what’s happening. Never be tempted to hide your head in the sand and hope that your financial problems will go away, they never do. Your lender may talk with you about actions you are able to take to remedy your situation. For instance you could:

Take a holiday from your mortgage repayments

If financial problems are short term you may be able to take a holiday from your mortgage repayments. This may allow you some time to get back on track, however usually this affects your credit rating.

Extend the terms of your mortgage

Consider extending the term of the mortgage which allows you to spread the cost, which typically reduces the monthly mortgage repayment. However you will pay out more in interest on the loan by doing so, but once you catch up and you are in a better financial position you may be able to reduce the mortgages term.

Switch to an interest only mortgage

You could consider asking the lender if you can switch to an interest only mortgage for a short while and this may bring your mortgage repayments down by a great deal each month. The downside is that you are only repaying the interest on the total amount you borrow and have to find the capital when you reach the term of the interest only mortgage.

If all else fails, consider other options

If you cannot reach an agreement with your lender then you may wish to consider other options such as a quick sale of your home. There are property purchasing companies out there who specialize in helping property buyers get a cash home sale. When considering this as a last resort you are able to sell your house for cash and pay off your mortgage. You can even sell to rent back which means you do not have to move, you can stay in the property as a tenant and pay affordable rent.

7 Tips For selling a house fast

May 20th, 2010

Selling a house fast has never been an easy task and today it is a little harder as people are much more careful with their money and have many properties to pick and choose from. If you want a fast property sale then you need to do all you can to attract property buyers. Here are 7 top tips to help you to sell house fast.

First impressions do count for a lot. The first thing that potential buyers will see is the front of your home and if they see cracking paintwork, weeds and long grass in the garden or general disarray, they may very well walk away without even looking around your home. It doesn’t have to cost a fortune to tidy up the garden, cut the grass and plant a few flowers, spending a little money and time may be the deal clincher. Take a good look at the outside of your property, including guttering, windows and doors and spruce it up with a little paint!

Our second tip concerns the cleanliness of your property. You are not going to get a quick house sale if potential buyers walk into a house that looks dusty, smells fusty and especially if they cannot see through the windows for grime. Take the time to ensure that your home is clean and sparkling throughout; it gives a much better visual appearance and smells much nicer.

Take a look around your home to see if there is anything that needs doing in the DIY department. Will those cracked and loose tiles in the bathroom put off property buyers? Probably, and all it takes is a little time and effort to remedy and better your chances of obtaining a fast property sale.

You may like bright bold colors, large patterns or stripes, but this is not to everyone’s taste. Therefore you might want to consider neutralizing the color scheme and decoration in your home. You don’t have to spend a lot of money, just repaint in creams or beiges, colors that open up the place and make it light and airy are what’s needed.

When it comes to selling a house fast there is nothing more likely to put potential home buyers off than walking around a home full of clutter. Clutter makes your rooms look small and untidy, so when looking for a quick sale, less is best, go for the minimal look in all rooms of your home. Clearing out the clutter now works to your advantage as you have less to take with you when you move.

You may wish to consider the lighting in your home when looking into selling property fast. Think about creating mood and atmosphere instead of having a single bulb hanging from the ceiling illuminating the room. Subtle lighting may make the difference between quick sales and your home being left on the market.

Our final tip for obtaining fast house sales is to choose accessories wisely throughout your property. For instance a vase of fresh flowers and house plants carefully placed can make a huge difference. Hang a large mirror to reflect the light can make a smaller room appear larger and airy. Light and space instead of a dark and dingy cluttered room can help you to get a quick house sale for cash.

QSC have a great many years in helping homeowners sell their property fast. Whatever your circumstances for needing a fast sale we can usually help. Check out our website at http:// www.quick-sale-completions.co.uk and fill in our quick and easy online form.

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