"We buy any house" vs Auction?
Discussion
Thinking of selling one of my properties, but not sure I want the hassle of it being empty for years whilst it sells (all this "house price increase month-on-month" in the papers appears to be, largely, bks!).
So... for a quick sale, does anyone have experience of these cash buyers or auctions?
the property isn't a do-er upper, so which would likely net the most cash for sale?
Or does anyone know of any companies who buy/sell properties directly to investors (with tenant etc)?
Just after experience. Still in the maybe-maybe stages at the minute.
Cheers,
Paul.
So... for a quick sale, does anyone have experience of these cash buyers or auctions?
the property isn't a do-er upper, so which would likely net the most cash for sale?
Or does anyone know of any companies who buy/sell properties directly to investors (with tenant etc)?
Just after experience. Still in the maybe-maybe stages at the minute.
Cheers,
Paul.
The area seems very stagnent. When I bought the place about 10 years ago (its a flat/apartment) there were hardly any, so were selling quickly. Plus it was the height of the boom.
However, since then, there have been literally hundreds of apartments built within about 1/2 mile of the area, so choice is huge and there are lots that aren't selling.
A neighbours place is up for sale too and is struggling. Mine is the best one in the block, so will stand a better chance than the rest, but in reality I think I'm going to have to take a hit. So if I've got to lose, if I can lose fast I'd prefer that to waiting it out.
However, since then, there have been literally hundreds of apartments built within about 1/2 mile of the area, so choice is huge and there are lots that aren't selling.
A neighbours place is up for sale too and is struggling. Mine is the best one in the block, so will stand a better chance than the rest, but in reality I think I'm going to have to take a hit. So if I've got to lose, if I can lose fast I'd prefer that to waiting it out.
Thanks all for the input.
What is "EA" please that was mentioned?
How do you find out about local auctions?
Also is there a way to sell directly to investors? My tenant would probably live there for years and years and she is a great tenant. Would be good if it could be sold straight to an investor, perhaps even as a benefit as less hassle/expense in finding someone.
Thanks again!
What is "EA" please that was mentioned?
How do you find out about local auctions?
Also is there a way to sell directly to investors? My tenant would probably live there for years and years and she is a great tenant. Would be good if it could be sold straight to an investor, perhaps even as a benefit as less hassle/expense in finding someone.
Thanks again!
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