Thinking of Selling?
Are you looking to sell your house? Well, we’re looking to buy it. We’re a cash buying company who can purchase your home in a matter of weeks, take all the hassle out of selling your home & if that isn’t enough, we can also cover all the fees!
Using an estate agent to sell your house has generally been the preferred method for many years, however, there are now other options cropping up that mean you don’t have to go down the traditional route. Which one is right for you though?
Often called ‘the open market’, this is when a property is advertised with an estate agent and a buyer will submit an offer for the vendor to consider. Once the offer is accepted then a contract of sale is drawn up and, both the vendor and buyer must instruct solicitors to make sure everything is legally sound in order to get these contracts to completion i.e. the house now legally belongs to the buyer. The estate agent will receive commission on the sale and this will either be a percentage of the asking price or a fixed fee.
Selling your house at auction can be really useful, especially if you have a problem property you want to get rid of quickly. This could be anything from the property being structurally damaged through to the property being tenanted. Properties sold at auction will always be priced quite a bit under the normal market value, but if a bidding war occurs then this could work in the vendor’s favour. At a traditional auction, a buyer will have 28 days to pay 90% of the agreed price in order to consider the transaction ‘complete’. At a modern auction the buyer will pay a non-refundable reservation fee and will then have 28 days to exchange contracts plus an additional 28 days to complete the purchase.
MLB Properties Limited
We at MLB Properties are able to buy your property quickly because of our cash facility. We will offer you around market value for any properties needing a little TLC. This service for those who are looking to sell their property quickly and hassle free!