Are There Really Companies That Buy Houses for Cash?

Kim J. Clark

What do you need to know about companies that buy houses for cash? If you need or want to streamline and accelerate the process of selling your property, is this a good option for you? How do you ensure you achieve the results you require to address your current needs and future goals?

If you are like most home sellers, you have a lot of questions swirling through your mind. And you need answers so you can proceed with confidence. 

How Do Companies That Buy Houses for Cash Work?

Typically, it all starts with a simple online form or phone call. With GoodMove, you enter your postcode and address. Our chartered surveyor develops an offer in principle, which you will receive within 24 hours. It is important to be aware that this is an educated estimate. We may revise the offer upon inspection. 

If you are satisfied with the offer in principle, we proceed by sending our asset management team to complete two appraisals of your property. These reports are sent to our chartered survey team, and you will receive a formal offer. If it is acceptable and you decide to sell your house, our solicitors start work.

We know what you must be thinking: how much is this going to cost me?! Nothing. Each step is free, and there is no obligation – or pressure – to continue with the sale. If you choose to use your own solicitor, we also offer £500 towards those expenses to make it as easy and convenient for you as possible. 

As regulated property buyers, GoodMove can purchase houses anywhere in England and Wales. What if your property is in less-than-ideal condition? We buy any house, even dilapidated ones. We will extend a fair and equitable offer, based on the facts garnered by our valuations and surveying teams.

Benefits of Quick House Sales

One of the major benefits of selling your house for cash is the speed at which you can accomplish the transaction. A traditional sale can take months and build up thousands of pounds in fees. With a cash buyer, you accelerate that timeframe – in fact, the entire process can be completed within three weeks or less, in the vast majority of cases. We cut out the hassle and delays associated with house chains and have our own on-staff professionals to handle every step of the transaction.

The other major benefit is, of course, the cash! We buy your house for about 80% of the market value; at the same time, you are eliminating costly fees, as mentioned. These are all included in our services. And remember, there is no guarantee you will sell your house for more if you take a traditional route – and you could wait months before receiving an offer.

But the big question is: how do you know if you are getting a fair offer? Choose a company like GoodMove that operates in strict adherence to The Property Ombudsman and the Royal Institution of Chartered Surveyors (RICS) code or practice. Every step we take is transparent, and we have a 45 year track record of success in the industry.

It is imperative that you seek out a company that buys houses for cash with this level of professionalism and oversight. While scams and ‘horror stories’ do occur (as they do in any industry), it is important to protect yourself – and your investment. GoodMove is committed to your satisfaction and your peace of mind. Know that you are getting a fair offer.

Is a Quick Sale Right for You?

Each seller has unique needs and goals. Companies that buy houses for cash offer a number of benefits when:

  • You want to sell without a chain
  • You want to unburden yourself from an inherited property and the expensive upkeep
  • Your home is in danger of repossession and you need to make a quick sale to avoid this arduous process
  • You need to move quickly to relocate for work, school, family
  • You have listed your home and have not seen any progress towards a viable offer
  • You are discouraged because a good offer fell through and you’re back at the starting line, so to speak
  • You found your dream home and need the funds to make it come true
  • You require cash to fund other expenses or goals
  • You would prefer to save money on fees and expenses (e.g. estate agents, solicitors, etc)

GoodMove buys houses for cash; more than that, though, our experienced team gives you back your time, saves you money, and makes a highly stressful process that much more manageable.

To learn more about how GoodMove works, and if our services can work for you.

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