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...
 
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...
 
Would like to make fast cash for cars?
Published by James Blee on April 25th 2012 | Business
Many individuals are interested to dispose off their old automobile for many reasons. However, every...
 
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...
 
Same day cash loans- Overcome unpredictable momentary needs
Published by on February 18th 2012 | Business
Same day cash loans are short term loans. These are absolutely free from any collateral! Making an a...
 
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...
 
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...
 
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...
 
Fulfillment houses – making your work easier
Published by Diego Hall on December 2nd 2011 | Business
Fulfillment houses make conducting your business easier by taking over the process of order receivin...
 
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...
 
Restrict your Applications for bad credit cash advance Loans
Published by Albin Roy on December 16th 2011 | Business
Students represent one of the hardest hit communities and the recession offers few answers for them....
 
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...
 
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....
 
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...
 
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...
 
Using Refurbished device and Telecom Equipment for business houses saves cost
Published by James Blee on May 28th 2012 | Business
The idea of cementing business foot in this modern era is possible through invention of ideas in sav...
 
Know how you use Warrioralpacasocks.Com coupons to save huge cash
Published by Candy Childs on July 7th 2012 | Business
The first thing you will need to do to start saving with Warrioralpacasocks.Com coupons & Warrioralp...
 
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...
 
Some advantages of the fulfilment houses and the stock management companies
Published by Diego Hall on January 9th 2012 | Business
A business can only be successful enough when it is dealt professionally in terms of stock managemen...
 
Availing cash for cars- Getting the most out of your old vehicle
Published by James Blee on April 25th 2012 | Business
You might have a vehicle that is quite old and considered a junk. But, what you are not aware is tha...