|
|
| Author: Rebecca Coe |
Households in serious arrears with their mortgages and facing repossession have few options to sell their property when they need to move so quickly. What's worse is - the longer it takes, the more debts can increase as numerous administrative, management charges and solicitors fees all get added to the arrears.
For some, throwing the keys back at the mortgage company can seem like the best solution - but this is far from wise advice. The mortgage company will then use traditional methods of selling like through estate agents or auctions, both of which have their disadvantages. With estate agents it could take 9 months to sell a repossessed property, during this time interest is being added to the original debt daily.
Alternatively, if sold at auction, repossessions may be undersold by 20-30%, which can mean you will get nothing from the sale, or worse, be left with debt that you still owe. Along with the financial loss, you may be credit black-listed making future loans more difficult and more expensive.
Living under these circumstances can be extremely stressful.
But now you can stop stressing. With MPG investments - you have a solution.
MPG Investments can purchase any house within 24 hours if needed, enabling you to repay your mortgage and clear your arrears before things get out of control. Early action with MPG could leave you with cash and a clear credit record, allowing you to carry on living without the stress. MPG can buy property quick enough to stop any repossession, even within just 24 hour notice. Not only can a sale to MPG realise more money than a forced sale to a bank but more importantly, you remain in control.
With a client facing repossession, we can also offer a sell and rent back option where we will buy a property and then rent it back to you. This rent back period can be months or years depending on what you want. This means our clients can solve their financial and accommodation problems in one transaction. We have the ability to stop repossession right up to the date of eviction, depending upon your circumstances. In some circumstances you can persuade the court to delay the repossession if you inform them about the offer for the property. They should allow the sale to go through if it is fast - and it will be with MPG.
Although any sale to MPG will be for less than the market value of your home, we believe passionately that our service provides real value for people facing repossession.
Put simply we can:
* Buy any property in 24 hours
* Allow you to remain in control of your property and your debt
And we will be up front all the way -
* Up front with our fees (If the property is in London you are charged no fees whatsoever, otherwise just a small survey fee for those customers outside London).
* Up front with our timescales - we will complete your sale as quick as you want.
* Up front on what we will pay by making a guaranteed offer within days of valuing your property.
More benefits of selling to MPG when facing repossession:
* Raise equity quickly to settle outstanding debts
* Have the option of staying in your home or moving to a new home for a fresh start
* Sale proceeds can clear your debts.
* Clear credit cards, loans and mortgage payments
* Option to eventually buy house back on an agreed price
* No extra fees
* '500 towards legal fees as a part of the MPG service
For our help in this stressful time, please contact us now. |
Author Bio:
Email Newsletters |
| You can search for this article using: real estate web sites, real estate agent web sites, real estate investor websites |
|
|
 |
| |
Related Articles |
| |
Septic Systems 101 for Home Buyers
|
| |
How to Explain Derogatory Credit
|
| |
Featured Location - Villajoyosa, Alicante, Spain
|
| |
The Real Estate Boom - How Long Will It Last?
|
| |
Carpinteria From Here to There!
|
| |
So, You Wanna Buy Pre-Foreclosures?
|
| |
Preventing Foreclosure
|
| |
Choosing the Right Orlando Florida Real Estate Agent
|
| |
Prepare Your Home For Sell
|
| |
Buying Land Online
|
| |
|
|
|
