Quick House Sale Options
If you need to sell your home quickly and your home is in an area where there are lots of houses who've had 'For Sale' signs outside them for months then you may not feel very optimistic at your chances of making that quick house sale you need so much.
Before you make any decision about how to sell your house quickly you need to know the absolute minimum price you can sell your property for that will at least solve your problems. Then decide on a sale price that would also leave you with some extra cash. Next look at what your local properties are selling for. It could be that many of the sellers are unrealistically overpricing their homes. If you can afford to put your home on the market at a price that's lower than other peoples it may get buyers looking hard at your property.
Of course even if you get a buyer you may find yourself locked in a dreaded chain which can drag on and even collapse leaving you high and dry. What you really need is a buyer who has no property to sell and has finance in place so they are ready to make a quick purchase or even better, a cash buyer.
If you are feeling the pressure you make like to consider achieving that quick house sale by selling it via auction. Most counties have one or more auction houses, though some of them only hold sales every few months. If the next sale in your area isn't for another couple of months or so you might like to consider using one held in London as these are more frequent and sell properties from all around the UK.
You will need to have all the paperwork in place and be prepared for people wanting to look over your house. The best thing to do is to put a reserve on the property, that is, a minimum price you're prepared to sell it at. That way you won't get a really nasty surprise. Even though the auctioneer is unlikely to allow the sale of a property at an unrealistically low price you should remember people go to auctions to buy property cheaply so you'll need to be realistic in your expectations.
If your property sells at auction it all has to completed within 30 days which is one of the big attractions of selling quickly through auction. However, there is no guarantee the property will sell in which case you'll be back where you started and be a little more out of pocket.
There is another option to get a quick sale and that is through a company specialising in buying properties for cash.