Can you recommend a reputable company that will buy my property?

Posted on 4 October 2007

Can you recommend a reputable company that will by my property for a reduced rate as we need to sell our second home. Can you tell me how they work?

Hello Bernie,

My understanding is that they are able to buy your property immediately, by doing so at a price considerably lower than market value.  I Imagine the main risk is that you are selling your house for less than you could do, but you are of course, avoiding the time loss of waiting for the property to sell.

I presume that you have considered all of the alternatives, such as remortgaging the property or letting it out?   I'm afraid the guaranteed home-buying is not a service we endorse, or I've had any experience of using.  You could try this Google search for "guaranteed to buy your home".

My only recommendation is that you take good legal advice, (definitely not connected to anyone the Home-buying company recommend)  do pay extra for the solicitor to actually go through the paperwork to ensure that the deal you're getting is actually good value for your priorities.

Best of luck.

Katie

Category: Guaranteed" home-buy schemes

 

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