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If you are considering selling your house quickly and you need a quick sale on the open market, there are a two things that will attract potential cash buyers to your sale, appearance and pricing.
If a cash buyer is looking for a good deal on a property, be it for investment or for their own residential home; usually there first priority is getting the price right, and finding a bargain. If you can price your property effectively and undercut other properties in your area, you are well on your way to getting the cash sale that you desperately need.
If you don’t want to give out huge discounts on your property in order to sell it, there are other ways you can entice buyers with pricing. How about agreeing to pay their legal fees for them? Or gifting them surveyor costs? Anything that you do to make your price more attractive will surely send buyers flocking to your property sale.
Selling Your House Quickly When You Need Cash
Realistic Pricing Matters
Getting the valuation right on your home in the first instance is crucial when you need a fast house sale. Overvaluing your home will just set you back further, and increase the time it takes to sell – if you are desperate to get the cash out of your property, any delays could be vital and may cause you to get into further trouble with your bank which may lead to repossession procedures.
To get a reasonable accurate valuation of your property, the best place to start is to look at recent sales in your area. There are various tools online such as NetHousePrices, and Zoopla that can give you this information for free. Once you have this, you can average the sale prices out, and come up with a valuation for your home. If you are looking to sell quickly, it may be an idea to consider discounting a further 5-10% from this figure in order to attract cash buyers to your property listing. Remember, cash buyers can buy in as little as 7 days, whereby a regular mortgage purchase will take over 1 month.