In the current world selling a house through a property cash buyer is the best choice for a seller who wishes to sell their property fast. Cash property buyers are buyers who purchase homes quickly for cash. They buy your house just as it is and thus a seller can get cash for their houses within the shortest time. Despite this you need to work with a company that is reputable. The following are tips to help you know if a buyer is genuine or not.
Keep off from buyers who want to make a deal without knowing what your house is like. This clearly shows that they do not really know the market or how to value a property. Most of them will cancel the deal when it is almost at the peak. These buyers will leave you out of the pocket and vulnerable. Ensure that your property is examined by various realtors in your area and find out from them what your house would cost. If the buyer wants to carry out a valuation ensure that they use an independent real estate surveyor.
If you want to rent back the sod property the cash buying property should give an Assured Shorthold Tenancy Agreement . This document will give you the right to remain in the house that you have sold. Ensure that tenancy fee is discussed and agreed upon before you sign in the contract. Most legitimate company will offer you a 12-month agreement which can be renewed, do not accept a deal for a company that offers a six-month rental agreement.
Find out if a given cash buying company has a good reputation and if they have the relevant accreditation. These are very crucial as they will help point a genuine cash buying company. Wary from those buyers who demand transaction fees before the deal is over. A reliable cash buyer will handle all the legal fees and other payments involved in the deal.
Some cash buyers will want to have your house at an extremely low price compared to what it will cost in the regular market. Many buyers will buy your home at a price 25-45% lower than the market price which will not just take care of their cots but also allow or overvaluations from estate agents in the current uncertain property market.
Legal buyers can spend some days until all the parties are satisfied by the deal. Avoid the buyers who want the deal closed in less than two days.
Ensure that you do not end up accepting any price that you are offered just because you are in crisis. Consult from experts in those matters so that you are not exploited.