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There are times when you could want to raise cash for property that belongs to you, and there are a number of reasons why you may have to do this.

It sometimes happens that people are presented with a business opportunity that needs a certain amount of money to get it going. Selling your home quickly and then renting could be the answer. Then you'll have the funding you need and you'll be able to devote yourself fully to the business. Or it could be that you don't actually need money for the business, but the opportunity does require you to make a quick move to another part of the country or even to another part of the world. If this is the case, you may not want the problem of renting out your existing house and having to deal with tenants. Instead you'd prefer not to have to deal with the house at all, so you can focus on the business.

Another reason could be that you have been unfortunate enough to lose your job and you need money to live on while you find yourself an alternative position, retrain or study for qualifications. Sometimes it can take people six months or more to find a new job, or longer to retrain or get requalified for a new career.

Or it could be that you suffer an accident or illness that means you're no longer able to work. So you need to raise cash for property you have, for your own medical care. It could be that for family reasons you may need to re-locate to another part of the country or even go overseas, to look after a relative who has a serious medical condition and needs your help straight away.

Alternatively you may need to pay off debts. A quick house sale would enable you to raise cash for property and so relieve you of your financial burden. Selling through a traditional estate agent can take six months or more, which may be too long. There's also no certainty through this route. A potential buyer can drop out after weeks of negotiations. This can cost you money that you may not have. You may also have turned other possible buyers away in the meantime.

There are specialist firms who will get it sold faster. They don't act as an agent, they buy it from you. This can be done in seven days. In addition to speed, there's also certainty. You have a guaranteed sale. They buy direct from you, so there is no chain as usually happens with an estate agent. And once they have made their offer, they won't change their mind.

They also give you the option to rent back your house, so you don't actually have to move, and you save money on removal expenses. Also, some quick house sale firms allow people to buy back their house after selling to them. This is useful where people in debt are about to have their house re-possessed. The specialist agent enables you to raise cash for property quickly, keep your home and avoid damage to your credit record. Selling to these agents will mean you may get less money than you'd get by selling through a traditional estate agent. But you get more certainty, a faster sale, and the option to stay put and even buy it back later.

Because you're selling quickly, you have fewer mortgage payments to make, the quick house sale firm usually pays the legal fees, and there are no estate agent's fees to pay. In addition you won't get the problems associated with a potential buyer dropping their offer after the survey. So if you have to raise cash for property that you own, it is definitely worth considering this alternative to the traditional estate agent.