Fast House Sale NI
How long does it take to buy a house? There is no simple answer because it’s one of those ‘how long is a piece of string questions?’
It’s like asking how long does it take to drive from Belfast to Cork? It depends on a number of factors: the route you take, the car you drive, the manner in which you drive, the weather, the road conditions, the volume of traffic and the time of day. And it depends on whether you adhere to speed limits or ignore them. And if you ignore them, to what extent – 10mph over the limit, 20, 30?
In short, there is no stock answer. All that can be said is that using the most direct route, the distance from Belfast to Cork is 262 miles, so if you were to travel at an average speed of 60 mph it would take just under four and half hours.
Unless you’re hoping to avail of a fast house sale, selling a house can be a process with a great many more variables than those listed above. It depends on the complexity of the transaction, with the bottom line being that the fewer the number of links in the chain, the less the likelihood of a problem or problems arising.
The results of any number of surveys reveal that most disgruntled house sellers – and buyers, too – tend to blame solicitors for the length of time it takes to seal the deal. However, those who apportion blame to the legal profession and heap criticism on its practitioners are unlikely to be fully aware of what a solicitor’s role entails.
Here is a list – and it’s not even a fully exhaustive one – of legal boxes to be ticked ahead of completion:
(1) preparing and sending a sale contract with the ownership documents on loan to the buyer’s solicitor
(2) helping the seller complete detailed disclosure questionnaires
(3) applying for property certificates from the Department of the Environment and local council
(4) applying for Bankruptcy and Court Judgment searches against the seller
(5) applying to the Land Registers for searches against the seller to make sure all outstanding mortgages or registered debts are taken into account
(6) having the seller complete and settle detailed lists of fixtures, fittings and contents included or excluded from the deal
(7) ensuring the seller has an Energy Performance Certificate
(8) obtaining exact details of debts owed to the lender, estate agent, ground landlord and others in preparation for discharge on completion
(9) considering any amendments to the contract after the buyer has signed once the contract has been received back from the buyer’s solicitor and settling any problems which have arisen
(10) having the contract countersigned by the seller and put into legal effect by faxing a copy of the contract to the buyer’s solicitor
(11) having the seller sign transfer documents in preparation for completion
(12) on completion day paying off all mortgages and charges against the property and applying for release documentation
(13) informing the Rates Office of the buyer’s name and forwarding any refund to the seller; accounting to the seller for the net proceeds of the sale after debts and expenses are paid off
(14) completing the registration of release documentation to free the property from previous debts
(15) closing the solicitor’s file and storing it for 12 years in case of future disputes.
As that schedule shows, unless you arrange for a fast house sale, there is no shortage of links in the legal chain.
Then add in the things that can go wrong from the would-be buyer’s perspective. If they have to sell their house before they can buy yours, they are at the mercy of those buyers who themselves may have to sell, thereby making them dependent on somebody else. Again it’s that ‘links in the chain’ thing.
The quickest, cleanest, most stress-free sale is one where the person buying your property is not dependent on anyone else buying theirs, has agreed and signed a mortgage deal with their lender and so is able to proceed without hiccup or hindrance. In a situation as straightforward as that, buying a house really should be possible within a matter of weeks.
Provided, that is, there are no unforeseen difficulties for the person/people selling. They, too, will have links in their chain.
If, for example, there was a sudden problem with the house they had been hoping to buy, or with the availability of the loan on which they were dependent in order to make that purchase, you would then be stymied as a result of the knock-on effect.
In selling a house, you are at the mercy of the buyers. If buying, you are at the mercy of the sellers. If there is a problem on either side, invariably it’s the others who are the innocent victims and the fact that it is totally unintentional does little to ease the pain of the sale or purchase having fallen through.
What’s The Alternative?
There is an alternative to this traditional house-selling route. To that end, Fast House Sale NI does what it says on the tin – sells houses in Northern Ireland quickly and quietly with the added bonuses of there being no publicity and minimal outgoings.
The transaction is discrete. No For Sale boards, newspaper ads or numerous callers arriving for viewings.
Your privacy is protected and safeguarded. In other words, no fuss prior to, during or after the sale.
From start to finish a Fast House Sale NI sale usually takes six to eight weeks, not least because of the absence of the sort of factors listed above. There is nothing to slow the process down.
There is no buyer who first has to sell their property before being able to buy yours. Fast House are the buyers, so no middle men, no advertising costs and no fees.
true, Fast House Sale NI’s offer is less than the full market price the property would fetch if sold via the normal channels. However, that routine method of doing things can take a very long time before coming to fruition – and there can be all manner of pitfalls along the way.
Not so with Fast House Sales NI. Ordinarily they will offer up to 80% of the current full market value, though on occasions offers in the region of 85% have been made.
And with no delays or outlay and a guaranteed 80% in your pocket in weeks rather than the hope of 100% at some very much later date, that is very attractive.
Crucially there are no hidden extras. Fast House Sales NI make their offer and then pay the other bills relating to the sale.
Note too that here have been cases where completion was achieved inside four weeks.
When the deal is done, the cash is lodged in your bank account. Worst case scenario? Eight weeks.
Worth considering? We think so: Call us on: 028 9023 6074 or click here.