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I Need to Sell My House Now To Settle My Debts

The problem of increasingly burdensome debts, in this current economic downturn is becoming a reason for many home owners, to look to making a quick house sale. Whatever the reason for the debts,  mounting interest rates and other financial pressures can make it seem impossible to find a solution.

Many people still believe that selling their house at auction will enable them to sell their house fast. However, owing to a stagnating buyers market, this is rarely the case any more and in the end, many houses put up for auction fail to sell. As a result, the home owner is left having to find alternative solutions to make a quick house sale.

Arguably the most viable way to generate a quick house sale in a short time frame, and avoid more and more interest payments and penalties, is to use a nationwide home buyers. This cuts out the middle man and all the associated, accompanying delays and red tape. An offer can usually be made in under 24 hours and a turnover from offer to cash can be seen in as little as two weeks from the initial quote.

An offer is normally made at around 80 to 85% of the current market value. However, the loss is compensated for by the quick turnover and the lack of extra fees associated with the standard process of selling via an estate agent. Many reputable property buyers can even make it possible for you to rent your home back, giving you the time to stay there until you find a suitable alternative.

This, coupled with the fact that waiting to sell your house while interest charges and penalties mount up on debts, makes a quick house sale via a registered property buyers an effective and realistic alternative, that can mean the difference between sinking or swimming, given the bleak economic outlook for the next few years in the UK.