How to Sell My House to a Housing Association
Selling your house to a housing association is a great option if you are in a hurry to sell, and you do not mind taking a loss in the home's value. There are many associations out there willing to buy you home.
- Understand the process of selling to a home association. These companies are not here to give you fair market value. Their business consists of buying homes for 70-80% of their value and then reselling at a higher rate for a profit.
- Consider other options if possible. Selling your home to a housing association is for those looking for a quick sale. If you need a certain amount to pay off a mortgage or if you are looking to make a profit then this may not be the right option for you.
- Get an appraisal done on your home. It is important to know the value of your house. This gives you lead way when trying to make a deal with a housing association.
- Research various housing associations. There are many of these companies willing to buy your home. You want to be sure you are selling to reputable company that is known for offering fair deals.
- Do not be insulted. It is easy to have hard feeling towards a representative of a housing association when a lower than you figured offer is made. You should be prepared to hear bottom dollar prices, and you should not be afraid to counter offer. This is a negotiating process.