Archive for September, 2010

How to avoid repossession with cash buyers

Thursday, September 23rd, 2010

According to a recent report by the Council of Mortgage Lenders (CML), UK repossessions have gone up to a 15 year high in 2010. This figure is a 15% high from the figures of 2008. It’s a pretty worrisome trouble to ponder about, isn’t it?

Are you any of them? Have you missed any mortgage payments? Are you worried about the consequences now? If you have missed any mortgage payment, there is help available. You need to be proactive in taking this repossession help. The sooner it is, the better it is.

It is difficult to stay afloat in such grave situation. If you are frantically looking for help, there is still hope. You might be eligible for the government schemes like Home Owners Mortgage Support or the Support for Mortgage Interest. You need not let the mortgage lenders repossess your home. There are alternatives like selling your house to a private property buyer in a private market.

We are a trading house for Yellow Springbok, a leading property buyer in UK. We buy properties in exchange of quick cash irrespective of the condition of the property. Selling off the property to a cash buyer is always better than facing eviction and repossession, isn’t it?

Just for your information, we offer our services all over England, Wales, Scotland and Northern Ireland. Therefore, even if you are facing home repossession in a few days time, contact us now so that we can help you out of this distressed situation.

7 Tips to sell your house successfully to cash buyers

Monday, September 13th, 2010

It is true that the good and the evil walk hand in hand. It is on you to choose the good amongst the bad. In case of a property buyer too, some companies take advantage of the already harassed sellers. They receive bad press reviews in some national newspapers thereby humiliating the entire clan of cash buyers.

However, there are also a large number of cash buyers who offer a good service. They are capable enough to come up with services that will help you sell your house quickly. Dealing with any company for the first time ever needs a little caution. Perhaps a little more meticulousness is necessary when you are dealing with one of your most important asset.

Here are some tips that you can follow to ensure a safe dealing with a cash buyer:

  • Meet up with at least two or more companies to have an initial chat or a meeting.
  • Do not invite strangers to your house at random. Be sensible in inviting an unfamiliar person to your home.
  • Do background checks of the company. You may also ask for references.
  • Research for your own house evaluation.
  • Request for a contract from them to help you.
  • Choose to work with someone who you trust.
  • Always take legal advice from your solicitor prior to any transaction involving your property.

However, questions like how can you get fair cash deal may arise in your mind. It might come into your mind that the property buyer is taking advantage of your situation. A little bit of dubiousness is a good thing undoubtedly. But putting everything into perspective, the question comes down to whether you need a home buyer. If the reason for selling your house takes precedence over your need to get the best price, then using the cash buyers might be the best solution to your problem.