Questions to ask a quick home buyer when selling your East Wickham property
When it’s time for you to sell your East Wickham home, you might be thinking about using a fast cash buyer such as LDN Properties. There are a number of benefits of using a quick buyer, including the fact that you won’t pay any fees and the process takes just a few weeks.
But selling your home is a major decision and it’s not one that you should make without careful consideration. You should do research in advance about the pros and potential cons of any method of selling your home, and that includes selling to a fast buyer. Searching a company’s name online can be an easy way to find any negative reviews or other warning signs.
There are several questions that you should ask a quick home buyer before you decide to sell using that option. The queries and our answers below are designed to help you find out whether a fast home buying company is reputable and can be trusted with buying your property.
You should be wary of any fast buyer that tries to persuade you to sign a sale and rent back agreement, through which you agree to sell your home then rent it from the company so that you can continue to live in it. In the short term it might seem like a good idea but there is nothing to prevent the buyer trying to evict you six months after you first sign the agreement.
LDN Properties and other reputable quick property buying companies will never charge any commission to homeowners when buying their houses or flats. Asking this question is an easy way to find out whether a quick buyer is a legitimate business, and if the company does demand that you pay fees you can easily find another fast buyer that won’t charge commission.
Ask a fast buyer if they are a member of a third-party organisation called The Property Ombudsman (TPO), which publishes policies that aim to protect homeowners against scams in the quick property buying industry. TPO members, such as LDN Properties, must follow those rules and you should be cautious about selling your home to a non-TPO member.