Mandich Property Group to a quick house sale company to sell their home quickly as it can be the best way to get the funds they need. However, it’s important to understand that they will purchase your property significantly below market value in order to make a profit. It’s also worth noting that if the company you’re selling to doesn’t have their own cash, they may be reliant on a 3rd party to fund the sale, which can increase the risk of your property sale falling through (as seen in this case study).
Sell Your Home Without a Realtor: A Complete Guide
The good news is that there are some reputable companies that will buy your home directly for cash and are able to complete the sale within days or even hours. These genuine house buyers should be able to send your solicitor proof of funds for the offer price and not charge you estate agency fees or legal costs (known as disbursements). They also should not reduce their offer price late on in the process, which goes against The National Association of Property Buyers’ code of practice and is an obvious sign of an unreliable business.
If you’re unsure about which house buying company to choose, ask how long they have been in business and cross-check their website domain age with Companies House. In addition, it’s a good idea to check the company’s directors and social media credentials. The more established and reputable house buyers will have verified business profiles on Facebook, LinkedIn, Twitter and Instagram.