Archive for June, 2009

The Sell House Fast Company is one of the growing number of specialist firms set up to meet the needs of expanding numbers of residential property owners looking for a Quick Property Sale. The Sell House Fast Company puts out a regular assessment of the shape of the residential property market drawn from many indicators, but chiefly based upon real life data of real sale prices achieved. This puts the company in the best position to judge actual trends in property prices and gives a real “hands on” feel for where prices may be headed.

The company buys residential property throughout England and Wales at less than market value from owners who need to Sell Home Fast, or anyone simply looking for a really Quick Property Sale. The Company then immediately puts the property on the market in the hope of selling at a profit. To ensure profitability the company must precisely judge value on purchase, and then has the instant opportunity to test that valuation by exposing the property to the market and comparing the actual price achieved with the valuation placed on it on acquisition.

The June 2009 market appraisal appears to show property prices at or near to the bottom. The company report only 13% of properties traded during 2008 bringing in the estimated price, despite all being sold on within four months of purchase. The picture for 2009 is much better with all current stock properties listed at above valuation figure and all generating interest levels consistent with an expected early sale. All sales completed during 2009 have been within three percent of estimated value indicating at least a stabilisation during the early months of the year.

In addition, other indicators are beginning to swing towards the “stabilisation leading to recover” direction. Both Nationwide and Halifax, the UK’s two leading mortgage providers, have forecast recent price increase estimates, and many estate agents are reporting increased purchase activity. The quantity of mortgage approvals, whilst still low in comparison to two years ago, are showing steady month on month growth. And finally the anecdotal evidence from many estate agents nationwide shows a return in confidence amongst purchasers. Many purchasers perceive property at current price levels to be good value for money, and, as long as they can get a mortgage, they are returning to the market faster than new sale instructions.

In the long term property prices should grow in line with the general inflation figure, this is beneficial for everybody: it means that money invested in houses is safe, Financial Institutions are confident to lend and first time buyers are still able to afford to get on the property owning ladder.

If you have a property to sell and would like to achieve a guaranteed fast sale, but can accept an offer less than market value, then get in touch with any of the specialist Sell House Fast companies. Better still, call a few of them, and compare their offers.

Categories : Sell My House
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