Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Who Will Buy Houses for Cash, Manchester Uk

By Jonny Subscribe to RSS | January 16th 2012 | Views:
loading
 
  



There was a time when the city of Manchester was a beehive of industrial activity due to the textile industry and all the related fields. Then this city went through a slump with the mills closing down and people relocating to the south and retailers going abroad for the cheap labour offered. There was a time when you could say that Manchester was thriving and this included the housing market. These days you can see signs all over the place advertising “we will buy houses for cash, Manchester”.

Now for the uninitiated, these signs do not mean that people are so rich that they can afford to buy their homes for cash, which is something that an acquaintance of mine recently thought. What these signs show is that the area in which they are being advertised is down at the heel and needs help. Let me explain.

The companies that do this business used to be called EP’s or equity purchase companies. The business that they run is legal but not what you would call pleasant, since they rely on people who are in distressed circumstances and they make their profits by using the bad luck of others, to their own advantage. When they say that “we buy houses for cash”, they are offering homeowners the chance to sell their home quickly in order to raise much needed cash.

The kind of people that these companies prey on are those who own their own home but need to make a quick sale for any of a variety of reasons. On their advertising boards they mention things such as being behind with mortgage payments, relocation, divorce, death and estates, facing foreclosure and fire damage in the hope that the home owner will identify with one or more of these.

The person needing to raise cash will have tried other avenues and only then have come to the decision to sell their house and this is where these companies come in. Sometimes a property will have been on the market for a long time and show no signs of ever getting sold so the homeowner will become desperate and look around for some other way to make a sale.

The companies offering to buy houses for cash, Manchester or elsewhere, will make the deal sound tempting and the homeowner will sell their property for cash but at less than 80% of the market value of their house. As for the equity in their home, it will be discounted more than 50%.

When you sell your home to a company offering to buy houses for cash, the company will make a huge profit by then going on to sell your home to a conventional buyer at the full market value. If you are not desperate, then try to resist the offers of these companies and try to sell to a conventional buyer who may take longer but will get you a better price. If you must, then find a reputable company to sell to.

Jonny - About Author:
Jonny is reviewing about buy houses for cash Manchester and says that When someone says that we buy houses for cash they are offering homeowners the chance to sell their home quickly in order to raise much needed cash.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/customer-service-articles/who-will-buy-houses-for-cash-manchester-uk.htm

Related Customer Service Articles Subscribe to RSS

Get a home in houses in naples florida for sale golf Naples
Published by Harry on July 4th 2012 | Business
An excellent agent will be able to demonstrate you top quality qualities Naples and settle as your r...
 
Use Ticketfeeder.com coupons & codes while purchasing online to save huge cash
Published by Gayathri Anjudevi on August 25th 2012 | Business
Get discount Ticketfeeder.com coupons & Ticketfeeder.com coupon codes for next purchase; Costumers e...
 
How a merchant cash advance can benefit your business
Published by Merchant Cash on March 29th 2012 | Business
Running a business is a big deal indeed, with the different aspects of business needing different st...
 
Few things to do to save cash with Warehousingandfulfillment.Com coupons & codes
Published by Candy Childs on July 7th 2012 | Business
Find out if they will allow you to stack Warehousingandfulfillment.Com coupons, meaning using multip...
 
Cash loans now – now apply for a title cash
Published by Alvin on June 12th 2012 | Business
Cash loans now currently are a perfect possibility for you because it is swift in approval and versa...
 
Car for cash selling tips
Published by Daniel Gavigan on February 17th 2012 | Business
For 25 years, TheCarforCash has specialized in getting you paid for wrecked, damaged, used and nice ...
 
Buying houses in Mohali a safe investment
Published by Deepti on March 26th 2012 | Business
Out of the tricity which consists of Chandigarh, Mohali and Panchkula; Mohali is considered as seren...
 
Use Ticketfeeder.com coupons & codes while purchasing online to save huge cash
Published by Gayathri Anjudevi on August 25th 2012 | Business
Get discount Ticketfeeder.com coupons & Ticketfeeder.com coupon codes for next purchase; Costumers e...
 
Improve your cash flow with invoice forms
Published by John Davis on January 24th 2012 | Business
Custom invoices have always been an essential demand for every big to small enterprise. They are con...
 
Selling Used Phone Equipments for some extra cash
Published by James Blee on April 25th 2012 | Business
On many occasions, small business owners discard their old phones and telecom equipments, once new m...
 
Know requirements of getting fast cash
Published by Mike Shinoda on December 26th 2011 | Business
Now you can solve all your temporary cash problems with the help of fastest cash....
 
Order fulfilment houses are the helping hand for your business
Published by Diego Hall on January 9th 2012 | Business
Handling a huge business alone is an impossible task and hence some works can be outsourced to other...
 
Text cash loans- avail at once
Published by Calvien Peter on December 1st 2011 | Business
Text loans are possible because of the GPRS software’s installed in the handsets. It not only help...
 
Get a business cash advance when you accept credit card payments
Published by Merchant Cash on March 29th 2012 | Business
It takes much financial acumen, along with business strategy and plain old wisdom to beat the compet...
 
Giving your business a boost with merchant cash advance
Published by Joseph Richard on May 14th 2012 | Business
Every businessman has come across a time when he really needed an infusion of cash for his business....
 
The Downsides of Installment and Loan and the Benefits of Shelling out Hard-cash for a Property Investment
Published by Evelyn Achterop on June 11th 2012 | Business
As increasing numbers of people opting to live in Idaho, realty in the form or a rental property is ...
 
Latest facilities in Miami houses- CCTV Miami beach condo cameras
Published by Angie Turner on May 25th 2012 | Business
Purchasing a housing property is thought to be a good venture by a lot of people, particularly the p...
 
Best houses in naples florida for sale
Published by Harry on April 4th 2012 | Business
Quail West real estate is hot right now. This is a community that is highly sought after for good r...
 
A fast way to quick cash
Published by Joseph Richard on May 14th 2012 | Business
If you are wondering which would be a better bet for a quick infusion of cash then the answer would ...
 
Availsave.com website will let you save huge cash offering Wantsandwishes.Com coupons & codes
Published by Candy Childs on July 7th 2012 | Business
Another source is your Wantsandwishes.Com's website. Many Wantsandwishes.Coms put Wantsandwishes.Com...