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Is It Possible To Sell Your House Fast ?

By: Quick-Sale Stabilo

At the height of the previous property boom, towards the end of 2007 the financial institutions were falling over themselves to lend to practically anybody. Buy to Let (BTL) and domestic mortgages were too easy to come by for property investors and the general public alike. It is unlikely that this easy credit will ever return in our lifetimes and this is perhaps no bad thing.

In the domestic sector most property owners expected 100% finance and in the case of the former Northern Rock in excess of 100%. This produced the property boom of the past 10 years and regardless of the warning signs the banks continued to lend.

Investors have always expected to have to provide an element of financing as they purchase properties. For most of the last ten years they provided deposit funds of 15% or more. The property investors intention being to refinance at the earliest convenience and go on to purchase the next property. The deposits now required by the banks are approximately 25% of the house price but providing the house seller is able to sell below current market value the seller will be able to secure a quick house sale . We have numerous property investors with money available to buy your house for cash.

The public have a desire to buy top quality properties in nice areas (when they have the finance to do so) but investors are seeking properties where they could add value and achieve the highest yield on their outlay. Normally these are cheaper properties in less affluent areas as bigger houses in better areas offer very poor yields.

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