July 8, 2014

Houses bought for cash in Leeds

Houses bought for cash in Leeds

If you’re looking for a company that provides a service such as houses bought for cash in Leeds, then you’re in the right place, and hopefully we can help you.

Whatever your situation, we can usually help.  We’ve been buying properties in the Leeds are for the last 20 years and usually rent them once we purchase them.

We’re in it for the long term, and our services for houses bought for cash in Leeds can help you.

The first step of course is to work out what your exact situation is, as everyone is different.

So it could be that you’re going though one of the usual four, as follows :

Debt

Debt is the one thing that can bring a situation to a head.  Not having enough money to pay your monthly expenses can be very frustrating and cause anxiety.

So in this case, what we normally try to do it pay off the mortgage and any other debt that is secured against the house.

Once that is done, we’ll also look at your other debts and just see if we can help you pay some of those off too.  These would be things like Loans and Credit Cards, but it’s worth noting that it always depends on what your situation is, how much you owe on the mortgage and how much your house is worth.

Our job isn’t just to buy your house however, as sometimes that’s just not the right situation for you.

Sometimes it’s better to come up with a different way of doing things, subject to your situation of course.

Divorce or break up

A divorce or a break up can be a life changing event.  Sometimes it’s like trying to ‘unbake the cake’ that you’ve made and that can be very difficult.

In our experience, it’s best if you can come to an agreement to sell and sell as quickly as possible.  That way, it allows you both to carry on with the rest of your life, to plan what you would like to happen in a timely manner.

Once you have reached that decision, then it’s time to contact us.

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houses bought for cash in Leeds can help you through this typer of situation, and we’ve helped people like this before.

A death in the family

So obviously this is a very traumatic time, one filled with emotion and negative feelings.

When we are speaking to people who are int his situation, we’re very delicate in terms of what they are going through.  We’re totally non pushy, and the last thing we want is to upset someone.

But what we can do for you is to provide several solutions that may fit into what you would like to do.

This could be where we agree to purchase the property outright, or where we agree to wait for 6 months and then purchase it from you (thus giving you time to sort out whatever needs sorting out).

The other thing we may be able to do is to rent the property from you and give you guaranteed rent for say 5 or 7 years (or longer).

What this will allow you to do is provide you with the time you need to make a decision later on, without actually losing access to the house.

Sometimes, we’ll even do a light refurb to bring the property back up to scratch so that we can rent it easily.

The beauty of this is that you get guaranteed rent for the next 10 years, you don’t have to deal with tenants, or voids, etc as we do all of that for you.

Emigration

Not everybody wants to be tied to the UK by living here.  However, rather than selling the property we can agree a rental period say for 5 or 7 years and you still have the asset later on.

With a bit of luck the property price has increased anyway during this period and you can make a decision to sell it.

houses bought for cash in Leeds

Our solutions

So if you want houses bought for cash in Leeds – then there are are a number of things we can do to help you.

Rent to Rent

So in this solution, we agree to rent the property from you for 5 or 7 years (or longer).  Sometimes we can offer a light refurbishment too to bring the property up to standard that tenants will need.

The beauty of this is that you still get to keep the property without having to sell it.

This if course depends on your personal circumstances, it depends on whether you have arrears on the mortgage, whether the mortgage company will give you consent to let.

So there are a number of factors that will depend on whether we can go down this route for you.

Lease Option

This is just like a rent to rent solution, but we pre-agree a purchase price.

So let’s say you have a house worth £100,000, but you have a mortgage of £110,000.  This is obviously in negative equity.

So what we can do is agree a purchase price of say £115,000 (which then also gives you £5,000 getting started money when we actually end up purchasing) – we would normally agree a price like this in 10 or 15 years.

This should give enough time for the property to have risen in price.

We Buy Your House

Yep – the favourite for many of our clients, where we actually buy your property.

It’s not for everybody of course, but what we can do is agree a purchase price and complete on the property in just a few weeks.

Most property sales from start to finish take 12 weeks – and one out of three deals fall through.

That’s not the case with us.  We agree a price, and we complete in just a few weeks.  It’s very rare for something to go wrong (that’s not to say it can’t go wrong of course – life isn’t like that)

But where possible, we complete as quickly as possible.  The quickest completion we’ve had is 9 days from first viewing the property, to actually completing the sale and keys handed over.

Assisted Sale

An assisted sale is where you know the house needs work to bring it up to standard, but you can’t afford to do it on your own.

So in this situation what we will do is provide the money to actually do the house up (we use our prefferred builders as we know and trust them, and have used them before).

So for example, a house woth £100,000 but in it’s current condition may only be worth £80,000.

We’ll spend (let’s say £7,500 for sake of the example).  Usually when we have finished, the house is worth more than the £100,000 anyway, and we can go 50/50 on the profits (£80,000 plus the £7,500 is a total of £87,500)

The profit here is £12,500 – so we make £6,250 profit, and you get to keep the other £6,250.

We’ve done a few assisted sales now, and it’s a great way of helping you get the property sold.

What if you want to sell yourself ?

There’s a lot of information available for people who want to sell their house, but you need to realize that a lot of it is inaccurate and not valuable. This article, however, sticks to real estate market facts, and aims to give you the honest advice you need in order to become a successful real estate seller.

When selling your house, find a suitable Estate Agent – this can take a lot of time however and may not be good if you need to sell quickly, or you need the sale to go through the first time round.

Houses bought for cash in Leeds

However, if you must use an Estate Agent, then remember that this person is actually working for you, and you need to be sure that they will do the best job. Make sure the estate agent advertises on Rightmove. Talk to friends and neighbors who have recently bought or sold a house, and find out about their experiences with a particular agent. If possible, try to meet the agent at their place of business. This will give you a good idea as to how organized they are. Most of all, trust your gut instincts. If you don’t think that the agent is suitable for you, then the chances are you won’t have a positive experience when it comes to selling your home.

Use a variety of resources to buy or sell your real estate. With the addition of the internet, you gain access to an entirely new international market place. While traditional printed fliers and newspaper listings can help you to sell, it can never hurt to go all out and list on websites as well.

Set the mood during the showing of the home you want to sell. A fire in the fireplace, candles glowing on the tables and rippling water fountains make the home feel more tranquil and relaxing. These things may help keep buyers from noticing less desirable noises that may be heard otherwise. Houses bought for cash in Leeds

Pricing and location are the keys to successfully selling real estate. A great location will attract buyers, even in the worst economy. A great price that reflects the current buying market will ensure that the home sells faster than pricing it too high. Make sure to consult a professional before pricing to be safe.

If you want to paint the home’s interior before you sell it, don’t choose colors based on your personal preferences. It’s always best to stick with a traditional neutral color, such as eggshell, white, cream or taupe. New paint can effectively show off your home to potential buyers.

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Houses bought for cash in Leeds

If you are going to have showings at your home, than you need to make sure that your home is clean. Having a home that is cluttered or otherwise dirty and unorganized will turn off potential buyers and have them look for another place to buy instead of considering yours.

Never offer the full price for a property unless it is part of a short sale. Most of the time the seller is prepared to negotiate and you offering every cent that they ask for only serves to have you possibly pay more than the seller was willing to settle for.

Once you’ve got a good grasp of the information, it’s time to put it to use. Use what you just learned to help you develop your market strategy. Don’t let changing market conditions scare you. Remember, if you need a quick refresher on your real estate knowledge, simply check back in and read these great tips.

 

Houses bought for cash in Leeds – complete the form and lets talk

 

Author : Daniel Latto

P.S. remember, we’re here to help you  – houses bought for cash in Leeds have a lot of experience, and we don’t change our mind at the last minute in order to get a lower price out of you.  We think that’s really unethical and we hope you do too.  We know companies like this and we do our best to discourage people from using them.

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