Features That A Lawful Cash Buyer Should Have.
Today the best option for any homeowner who wants to get cash quickly from their property is through a cash property buyer. Cash buying companies will give you cash quickly in exchange for your house. 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. Below are guidelines to help you know if a cash buying company is legit or not.
Wary from those companies who give price quotes for your property without first evaluating it. This clearly shows that they do not really know the market or how to value a property. They will most of the time make an offer and then change it at the end of the deal. This kind of a buyer will leave you disappointed and even more desperate. 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 agreement states that the property seller can remain on the sold property. It is also important that you agree on the future rental fees. 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 companies exploit sellers by paying very little for the seller’s property. 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. Be cautious of those companies that give the cash in less than 48 hours.
one thing that you should put in mind is that you don’t have to make a desperate decision just because you are in dire need of cash. Get help from experts before you think of selling your property so that you make a sound decision.