[Jo and Andy]

Just been listening to something on the radio about a company that will
buy your house for 'slightly less' that Market Value, but sale can go through in a matter of days.

The report showed some people who were happy with it and said the loss in value outweighed by the quick speed of sale, that meant they could get on with life and new house buy.

Others said the price was a lot less.

Have not tried it myself but thought some people might like to look into it if having problems selling with moving dates looming.

National Homebuyers, they should be on the web,

As I said I have not used them and do not know what they are like, but sounds interesting if having problems selling and you want to move. Might be worth a look.

[Diny]

There was one of these companies advertising in our local property pages a couple of weeks ago.

Said something along the lines of instant decision, complete within days, all properties considered.

Thinking it was too good to be true I called them.

It was too good to be true.

They do everything they claim in the advert but they only pay 80% of the market value.

We're desparate to sell but not that deparate.

Diny

[Jo and Andy]

Thought it was too good to be true, but depends on the speed people want to move I suppose.

[Diny]

Yeah it does. We're not that desparate at the moment but as the months tick by ..... well you never do know.

I guess it all depends on how much equity you have really. If you've got a massive chunk and are only being held back by the sale of your house then it may be worth looking into. But if you've got hardly any equity I don't think the service would be of any use to you.


Diny

[Timbo]

It sounds to me like the company you mention Diny, is simply banking on peoples uncertainty on the housing market. If the doom mongers have it right and a crash IS just round the corner, 80% is better than a no sale if you need to shift.

[Diny]

Yeah that's true. God I hope a big crash isn't going to happen. I've noticed around here over the last couple of weeks that there's some 'sold' signs going up .... also some new houses going on the market.

Who knows what's gonna happen.

Diny

[Timbo]

I firmly belive that to a certain degree, the market is dictated by the "feel " of it.
When people see sold signs going up aftet a lull, it creates interest. More interest creates more sales....and so on.
I dont personally feel that a crash is on the cards in the near future, but hey, I dont have a crystall ball.
I dont even have a chinese lovebird egg Diny.....slap your wrists. :laugh

[veronica]

Who dictates the value of the house with these guys, your valuer or theirs.

[Diny]

I was wondering that myself.

I just think there's alot of pitfalls in selling your house this way. However I'm sure there are some people who would find thier services suitable - let's face it there must be or they'd go out of business.

Diny

[Jo and Andy]

I believe you have to pay for one of their valuers,

If you have time to sell, I wouldn't bother even looking at it, but thought some people may be interested if they were in a real hurry to move out with jobs etc, and the wait could ruin everything, (you know what I mean), the radio show had people who were happy with them and people who were not.