The prospect of property repossession is one of the most daunting for any homeowner. However, it could become the reality when you have failed to meet up with credit card, loan or mortgage obligations. In this situation, a lender has the legal right to repossess your property. Read on to find out more about how a cash property buyer might be the solution.
If you are ready to talk to a cash property buyer with the funds available to buy your property fast now then call 01273 257 586.
The average mortgage lender for instance will begin repossession proceedings against you as soon as you go six months behind on your mortgage payments.
How Can You Prevent House Repossessions?
Generally, the law will give you time to avoid repossession. Judges will listen and allow you to stay in your home, as long as you have a valid solution.
Some of the ways to get the judge to hold on an eviction warrant include the following:
- Showing a plan to repay arrears over a specific period
- Requesting for time to sell the property fast and service your debt
- Showing the possibility of receiving a lump sum of cash through an inheritance or sale of another valuable item.
Another option is voluntary repossession. This involves stopping mortgage payments and simply handing the keys to your property to the lender.
You can also contact your mortgage provider and ask for a payment holiday agreement. This kind of agreement allows you stop or reduce your mortgage payments for a specific period. This may allow you time to sell your property.
One of the best ways to avoid repossession, however, is to sell your house and settle all your debts. It is one of the most guaranteed ways to start off on a clean slate. To do this, simply use our free house valuation tool and contact us to buy your house.
We have saved many home owners from repossession using our fast property purchase service. We can help you too.
How A Sell House Fast Service Can Stop Repossession of Your Home?
A Sell House Fast service like ours can give you an offer on your property in just a few days.In many cases, we are able to put the repossession process on hold until we are able to complete the property purchase.
When you sell your home through us, you don’t have to factor in expenditure like survey costs, solicitor costs or even minor expenses like the cost of the energy performance certificates. We take care of it all!
How Soon Should You Sell Your House Fast and Stop Repossession?
This is dependent on the lender you are dealing with and the timescales on the repossession notice. Many lenders will give you enough time to avoid the repossession if they can see an exit route. The earlier you start off the process to sell your house fast, the higher your chance of stopping repossession. Call us today for some expert advice so we can discuss your options.
We will speak to the lender on your behalf and often we are able to avoid repossesion.
Our process is fast. We stop repossession of your home by providing a quick valuation and then offering cash to buy the property.
You no longer have to wait for months for your house to be sold. As long as you are happy with our cash offer, the entire process can be completed in 7 days allowing you to quickly pay off any debts you may have.
We are able to move swiftly because we have the funds to buy any house.
Stop Repossession of Your Home: Our Simple Process
After a simple evaluation of your property, we will give you a cash offer. When you accept this offer, we can quickly move forward with the purchase of your home. It is that simple!
Please get in touch with us today to start the process!