Among all the assets that can be sold, houses are just the toughest property that you can handle considering that you most likely put your hands on money. If you wanted to avoid repossession, then there will always be companies which offers sale and rent back if you ever wanted to sell your property and rent it back. These companies have to be FSA regulated so whenever, you approach them ask for their certification – if they don’t have one then you know they are unregulated and do you really want to be dealing with them. All properties definitely has their own value on the market, but if ever you wanted to have a quick sale, then it means that you need to sell the property with a price lower than the market’s. Take this for example, you wanted to sell your car in a car magazine for a price of $10,000, however, there are also potential buyers in your region who are willing to buy it for $9000-$9,500, wherein you will guarantee that you already have a buyer with just one shake of a hand. There are also instances where you will sell the same car at a garage however, they will only buy it for around $6,500-$7,000 since your transaction is instant. This is because their offer is instant, guaranteed and can offer you speed & certainty for sure and if you needed the money you’d probably accept it.
Houses unfortunately are in a similar class particular if you need to sell house fast. It might be difficult to accept for others but the reality is that, the worth of your house depends on someone who is willing to pay for it.
There are definitely a lot of house buying companies if you try to look for them on the internet since the selling of properties has already lead to huge advertising. The question you have to ask yourself is how many of these house buying companies are on top of Google because they are “trusted sites” and how many are advertising to be there? If you happen to see those companies who are top at paying, then they could be part of those unregulated companies who are willing to buy houses, however, there are still companies on the list which appears on organic listings and most of them are established names but you have to keep in mind that they will only entertain investors near their area.