How To Sell A Distressed Property?

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In this video, I will cover what to look out for when dealing with companies that buy distressed properties.

Hi, I am Charlotte from Property Saviour. I absolutely love property and have been a landlady for over 5 years. I enjoy interior design and work alongside my husband on his property portfolio.

My goal is to help you sell your distressed property within a few days.

There are several reasons why an owner of a property could end up with a distressed sale scenario, such as an Executor who must dispose of an inherited house to pay beneficiaries. Other distressed sale situations can include:

● Relocating
● Downsizing due to an illness or injury
● Landlord retiring and wishing to sell a property with sitting tenants.

Properties can also become distressed due to personal circumstances or neglect. If a property has been sitting empty, the condition can deteriorate over time, becoming unsellable to any buyer who needs a mortgage. This is normally the case if probate is taking longer than expected or the Will has been contested.

It could also be an unfinished renovation project, a property requiring a lot of TLC, or a house with structural issues. In some cases, the cost of rebuilding isn’t financially viable, for instance, a fire-damaged house in an area of low value.

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Whenever you are looking to sell to a cash buyer, always ask for proof of funds in the form of a bank statement and their solicitor's details. If you are looking to sell a distressed property and need cash in 7 days or less, we can help.

Property Saviour have been buying problematic properties for over 17 years. We can make you a cash offer in 48 hours, pay £1,500 towards your legal fees and complete the sale quickly.
We’ll be looking to refurbish the property and either sell it for a profit or rent it out. Our approach is always transparent, and we will be delighted to hear from you.

Our team will happily provide proof of funds and our solicitors' details, and you are welcome to use your own solicitor, which makes life so much easier, particularly if your solicitor is also dealing with a grant of probate. Get in touch with us today by calling our 24-hour service on 0113 320 6700.
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