in a bit of a dilemma, the sale of our house has fell through for the third time last week. we moving to spain and want to get going asap. we were due to move out this friday coming 26th october. we have been looking at these quick sale companies, problem is they look 10-15% discount. we have been watching the news and property prices are coming down by at least 40%. should we go with the quick sale people because we could end up losing out a great deal more if we dont sell again very soon. any advise or personal experience from anyone would be great. ready for pulling my hair out!!!
2007-10-21 03:38:30 · 6 answers · asked by lesley s 1 in Business & Finance ➔ Renting & Real Estate
In most markets the only way to sell quick right now is all about price. With any contract you sign, be sure to read it and understand it before you sign it. If you have any questions contact a settlement/escrow atty.
Good Luck!
2007-10-21 03:45:06 · answer #1 · answered by Sharon 3 · 0⤊ 0⤋
Quick sale companies offer less but if you are in a bind you may not have much choice. I'm surprised that you have had the sales fall through three times. Was this because the home didn't pass inspection or the buyer couldn't get financing? If the inspection was the problem, quick sale might be the way to go. If its the buyer, try lowering your price 5% and making sure that you only sign contracts with those who have financing in place. Make sure your home is totally ready to show to prospective buyers and makes the best first impression.
2007-10-21 03:49:54 · answer #2 · answered by Diane M 7 · 1⤊ 0⤋
We are selling our house also well we've actually sold it and as the same as you the sale fell through for the first time last week, its so frustrating we've packed the whole house up!!!! Personally I would give it one more go and not use a quick sale company as they will just rip you off. I wouldnt worry too much about the house prices falling by 40% just yet.
2007-10-21 08:26:45 · answer #3 · answered by twinkletwinkle 2 · 0⤊ 0⤋
Some of them want a lot more than 10 - 15% discount. Why not drop price by 10% and see how quick it sells.
2007-10-21 05:31:45 · answer #4 · answered by John S 4 · 0⤊ 0⤋
if you can afford to lose that money,do it
2007-10-21 03:42:01 · answer #5 · answered by Anonymous · 0⤊ 0⤋
no!if you have the money,do it!
2007-10-22 10:34:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋