We buy any house- con or real? Has anyone used them?

(14 Posts)
insomniarules Sun 22-Sep-13 14:21:40

Looks like we might lose our next house ( again)
Is this firm genuine, is it worth a look??

minibmw2010 Sun 22-Sep-13 14:28:23

I've heard they are real but only offer 65/70% of the market value (if that) as they know people are generally desperate. Sorry hmm

soverylucky Sun 22-Sep-13 14:29:13

I have not used them but I am pretty certain that someone will come on and tell you that they offer way below market value. Perhaps you should consider dropping the price yourself first and see what happened. Watchdog did a feature on one of these type of firms (I forget which one) and they would offer you a price and then at the very last minute drop it even more. For many people who were desperate they had no choice but to accept.

Aethelfleda Sun 22-Sep-13 14:31:25

I have never used them, but how they say they work is straightforward: they will buy your house in a speedy fashion, relatively few questions asked as long as you own it with complete title. BUT the price they pay you is a fraction of its market value to reflect the risk they are taking and the convenience of you flogging it quickly. Also be careful to check if they have particular fees/deductions as that could greatly reduce what you actually get.
An analogy is their "we buy any car" equivalent, where our old car (Parker's value £1400) would have fetched £250. We traded in instead. So go in with your eyes open and find out EXACtLY what they are offering before you make any decisions. Maybe someone else has actually used them?

insomniarules Sun 22-Sep-13 14:34:05

We're looking into renting ours out as alternative as this has been going on for about 2 years on and off and quite frankly I have had enough .

EnlightenedOwl Sun 22-Sep-13 16:38:28
lalalonglegs Sun 22-Sep-13 16:52:47

If you;re after a quick sale, surely it would be better to put it on at 90% of what everyone else is asking rather than take 65% from these people?

LadyKooKoo Sun 22-Sep-13 16:57:40

Why isn't your house selling? Better to address that (at some potential cost) then to lose tens of thousands using a company like that.

insomniarules Sun 22-Sep-13 19:14:41

It's not ' not selling' as it has 'sold' 3 times in last year alonr but each time we have lost our buyers and/or lost house we were buying.
It is a unique property and we are selling for less than we bought for and addressed all 'work' that needed to be done so have spent more on house over last two years but not increased our price.
Feedback has never been about the price and I would have thought that a really interested buyer would make an offer even if it was a bit cheeky ( and we would go for it)
I'm really fed up with the whole thing but guess this company is not the answer! Thank you

Aethelfleda Sun 22-Sep-13 21:29:58

Could you sell again but this time go into rented for six months purely to prevent chain collapse? I know it's not a guarantee, but would at least reduce the risk of it falling through again...

BrianTheMole Sun 22-Sep-13 21:34:29

Maybe you should concentrate on selling your house, and then moving to rented for a bit whilst you find your next house.

insomniarules Mon 23-Sep-13 08:27:47

Thanks but we can't go into rented as we can't port our very very low mortgage over through a period in rented and we need the low rate! We are stuck with selling and getting in a chain or renting this out as a buy to let and porting our low rate mortgage to thd new house.

ruby1234 Mon 23-Sep-13 13:52:27

My DM & DF used one of these companies a few years ago.

They found them in the newspaper (Daily Express I think) and thought because they were in a big paper they would be ok.

They paid £800 for a 'survey', the company never even visited the house, told them they would offer £180k for the house. The house was on the market for £350k and sold eventually for £310k.

I think they are a rip off, and would avoid them at all costs.

insomniarules Mon 23-Sep-13 14:51:40

Thank you.
Called agents for the house we wanted to go for and turns it it has just sold at weekend. Bum

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