There are a lot of houses on the market at the moment but not a lot of them are selling unfortunately. This can leave many people in quite a predicament and unsure of the correct way to move forward. Many people choose to sell their homes due to financial troubles they may be suffering from or divorce/separation that means they need to generate a fast house sale and move. Because of this, the majority of these people cannot afford to wait a long time for a sale and need it done within only a few weeks.
The average house sale can take anything up to 15 weeks and this is an extremely long time for people on a tight time scale or a tight budget! There is also a lot of stress involved with selling your home as far too many people have had to learn the hard way. In the time it takes to finalise a sale with a buyer, there are between 7 and 16 viewings during this period. Therefore, you need to keep the house in pristine condition throughout. This can be very difficult for those of us that work and/or have children running around and making quite a mess throughout the day. These are most likely the main reasons why a lot of people are now opting to use an individual company to buy their home from them for a fast house sale.
The average sale of a home can also cost quite a lot of money in fees and other expenses. An estate agency fee can be around 3% of the sale price plus any VAT and then there are legal expenses to consider too - usually around 500. Another important factor to take into consideration when looking at a fast house sale with an independent company is the fact that on the open market, a lot of homes sell for only around 92% of the actual property valuation/asking price. Therefore, with this drop in price that you will take, along with the fees and expenses to pay out for, there is not much difference in the price that you would sell the home for with one of these companies. The companies offering these types of house sale will generally offer between 75% and 90% of the property's value and a sale can be generated and completed within a matter of days or weeks. Definitely something worth looking into if you are in need of a fast house sale!