Questions you should consider asking a quick home buyer
If you are looking to sell your home in Becontree fast, get in touch with LDN Properties. Our team can typically complete the purchase a house or flat in just a few short weeks, and that includes the time involved with paying you the proceeds and exchanging contracts.
We’re happy to answer any queries that you might have about selling your home to a fast property buyer. Below you’ll find some of the most common questions that our team receives, as well as our answers, to help guide you in making a decision on how to sell your property.
Lock out agreements give a buyer exclusive rights to purchase your home and prevent anyone else from making an offer on it. They’re designed for situations where a sale might take a very long time. As a result there shouldn’t be any need for a fast property buyer to require such an agreement, so you should be cautious about any business that asks you to do so.
This is a key question for every quick property buyer because the reputable companies generally don’t charge homeowners any fees for selling their flats or houses. LDN Properties has always thought that people should receive the total profit from selling their homes, and if you are talking to a fast buyer that is charging you fees then they might not be reputable.
Legitimate quick home buyers such as LDN Properties are members of the independent organisation known as The Property Ombudsman (TPO), which publishes policies to guard homeowners against fraud in the speedy property buying sector that all members must follow. Be careful selling your home to a company that is not a TPO member because it might be a scam.
This might be another red flag. Under these agreements, a fast buyer will purchase your home and let you rent it back from them. That’s why it’s typically recommended that you avoid entering into such agreements as there’s no guarantee you’ll get to stay in the property for very long.