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Repossession Stopped
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Avoid / Stop / Prevent Property Repossession
How we can stop repossession
The one thing about house repossession that it is important for you to understand is that it can be stopped, even a couple of hours before the actual time of repossession of your property. When you face repossession there is very little an estate agent can do to help you if you need to sell your home quickly.
Once the bank undertakes repossession of your property, they are only concerned with getting the original mortgage back. Any equity you may have built up over the years will be lost and could leave you in an even worse debt situation. Most repossession properties end up in auctions and usually sell for around 30% less than the market value, which means you could still be left with outstanding debts once the bank has repossessed.
We are fully aware of how difficult and stressful repossession can be which is why we pride ourselves on ensuring complete confidentiality and sympathy when dealing with all of our cases.
Repossession Solutions
Quick cash sale (direct purchase)
We simply buy your property quickly for cash. This avoids not only repossession but also having a repossession registry on your file and also being credit blacklisted.
Sell and rent back
We also provide you with an option to sell your home to us, and we will in turn rent the property back to you at a reasonable rent to allow you to get back on your feet and put the experience of near repossession behind you.
Interested in a solution to property repossession?
Green Light Property can help you if you are facing repossession, and buy your home for cash. Please complete the quick enquiry form on the right and we will get back to you within 24 hours. It takes no more than a minute to make an enquiry. |
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