If you decide you want to move on in life and buy a new home, it is likely you will want to make the move as soon as possible. In fact, it is sometimes a necessity for financial reasons or if you are relocating for work. Finding a right house in the right area may seem like a difficult task, especially when speed is of the essence. However, there are some steps you can put in place to make the move fast.
Get Your House Ready for Sale
Unless you are a first-time buyer, it is likely you will need to sell your own home to buy another. The speed in which you sell your home will dictate the speed in which you can buy your next house. Therefore, to sell a house fast is to your advantage. First, seek the advice of your estate agent on what will help your home to sell. Second, make sure your house is well-maintained and in good order ready for viewings. Third, look at similar houses in the area to see how you can make yours stand out from the competition. Finally, consider having an open day to encourage more viewings.
Put Your Finances in Place
A mistake that many people make is to leave arranging their finances until the last minute. This can put a massive delay on both selling your home and buying your next one. Not having finance sorted one of the major causes of house sales falling through in the UK. Regardless of whether you are taking out a mortgage, borrowing money from another source or you are paying in cash; you should make sure that you have enough to cover both buying the house and any fees you will incur along the way.
Pass Your Details onto Agents
Finding the right property yourself quickly is often tricky. This is particularly the case if you are looking in an area some distance away from where you are currently living. There may become occasions when a house that meets your criteria comes on the market and is then sold before you are even aware that it is a possibility. For this reason, you should pass on your details to all the estate agents selling houses in the areas you are interested in and tell them exactly what you want from a house. This way, the estate agents can let you know the second a property comes on the market and you may even have first access to the house before it is officially listed.
Consider Property Auctions
Buying a house at auction is often considerably quicker and cheaper at auction than buying through an estate agent. Many of the properties listed are available as soon as the financial transaction has cleared and the legal aspects are completed. This is often because many of the houses sold at auction are not part of a property chain. As a result, you can complete and move faster.
Sell for Cash
An alternative way to achieve a quick house sale that will enable you to also buy your next house quickly is to sell to an online property buyer. These ‘we buy any house’ type companies can pay a fair price and complete the sale fast. Choosing this option for selling will also take a lot of the hassle out of selling your home and you will not encounter additional problems that cause delays, such as buyers not having finances in place or a break in the property chain.
Anyone who needs to buy a house fast should consider utilising some of these strategies. By thinking about the way you sell your own home and taking proactive measures in finding a new home can help to speed up the process.