Investors or owners with problem tenants and those who have invested in an underperforming property (commonly known as ‘dogs’). These situations may prompt a quick sale to ensure some immediate return on their investment.
Derelict propertyWhen a property has been left derelict over a period of time resulting in major repairs and maintenance being required, the owner may be forced by the council or complaining neighbours to ‘make right’ the property. If the owner does not have the time, money or inclination he/she may wish to rid themselves of the problem by completing a quick sale.
Ill healthHomeowners who unfortunately experience health problems, ensure a knock-on effect in their lives and consequently on their finances. To reduce any further stress or worry, down grading or moving into sheltered accommodation may be a positive solution that may result in the speedy sale of their existing home.