Has anyone sold their house with AQS (a quick sale)?

Question by Kevin James: Has anyone sold their house with AQS (a quick sale)?
we have a 2nd house and are wanting to sell it fast, there is a company that is called AQS (a quick sale) I know they offer about 30% lower than the market value, but I am wanting to know about peoples experiences with them. Any info would be greatly appreciated.

Best answer:

Answer by glenn
I don’t know them. But I have experience in watching people use similar companies. Most of them have done what they said they would do.

First- most owners think they have an idea what their home is worth- lets pretend that is 5,000
Second – the real current market value is often lower- leta pretend that is 0,000
These companies buy your home for a percentage of the current market value- not the percentage of what you think it is worth.

If they offer you ,000- I am saying that you could put it on the market for ,000 and firm- it would be common in my market that a home priced that low would often sell very quickly and after all costs you would net (in this example) about ,000 more than thru the quick sale company.

Notice- I am saying that whatever you think it is worth is often more than the real current market value. So you have to base all the real figures on the truth and not what you wish were true.

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i am in 1 1/2 months arrears with my mortgage and have just sold my house?

Question by angelscandream: i am in 1 1/2 months arrears with my mortgage and have just sold my house?
how likly is it my home will be repossed while im waiting to the usuall avrage six weeks it takes to complete a sale of house ?? and do mortgage companys have to advise u first that they are about to seek reposetion?.. and can the arears affect my sale going threw
yes the money i get from sale of house should cover all costs and penalties

Best answer:

Answer by redwine
The mortgage company will not let you sell the house unless you can demonstrate that you can pay off the loan at closing. They can in theory make it a pain for you, but given this market, will likely try and work with you. Are you selling it at a gain and will you be able to pay off the loan and any penalties at closing?

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I was facing reposition so I sold my house to private developers for quick sale?

Question by Joey: I was facing reposition so I sold my house to private developers for quick sale?
Now am in rented accommodation and on benefits, at the age of 50 will I ever be able to get back on the property ladder and own my own home.

Best answer:

Answer by nikki s
do you mean repossession? it really depends on how much money you have from the sale of your house and how much you are saving every week. you will have to prove to the banks that you can pay back the loan comfortably. if you have a bad credit rating due to the imminent repossession you may have some problems. you will probably have to have saving records for at least a year to 18 months before going to the banks to re-apply.
i am in australia, not really sure how US banks work, but im pretty sure it will be much the same wherever we are.

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I am being chased for a property that was sold due to mortgage arrears over 10 years ago.Where do I stand?

Question by Abs: I am being chased for a property that was sold due to mortgage arrears over 10 years ago.Where do I stand?

Best answer:

Answer by rtfm
We don’t know. You haven’t given us enough information. Who is chasing you, and for what? Was the mortgage completely paid up ten years ago when it was sold?

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Sinclair Meadows lots sold in foreclosure auction

Sinclair Meadows lots sold in foreclosure auction
An undeveloped 17-lot free-market subdivision in Snowmass Village with a colorful history was sold at foreclosure auction last Wednesday for $12 million, to the bank that held the debt on it. read more

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