Owning your home is a good long term investment, but there are many reasons why you would want or need to sell your house. Whether they are positive or negative in nature, there are many genuinely decent motives that require you to part ways with your property, either through the traditional estate agent-led market or a chance to sell your home fast with a specialist property buyer. Here are some of the main reasons that many people find themselves selling their home fast.
Leaving the country
With great weather, cheaper property and ever-growing expat communities, people are regularly heading further afield to get their kicks in life. You could be moving to Spain or Cyprus with the desperation to take advantage of a low price on your ideal home, so freeing up capital with a quick sale could be exactly what you need.
Divorce is a messy, time-consuming and emotional time, so a quick home sale is often sought in order to overcome more hurdles in the legal process. It can give both parties a fair share and let them move on without another possible argument developing.
Downsizing due to retirement
For many, a home can just get too big to manage. If it’s just you and a significant other in retirement, yet you have a home that has supported your family and you now have extra bedrooms to manage and heat, it may be best to downsize and sell a home quickly. This is particularly important for those using their home as a nest-egg – pensions aren’t what they used to be, so unlocking equity in bricks and mortar can provide pensioners with the money they need to live the life they’ve worked hard for.
Getting into debt
By selling your house quickly and making a move to a rental property or smaller home, you can use money gained for this transaction to get rid of credit card bills or the burden of utility bills. It may be a hard choice to make, yet it still may be one that gives you freedom you require to move forward with your life.