Friday, September 5, 2008

All It Mattered Was: Do You Own A House

Business, Home Business.

How to buy back your house in future - at today's price - few years ago the house prices were going up. It did not matter if you wanted this credit to go on a cruise, an exotic holiday or to put a new extension to your house.


Banks and other lenders were falling over each other to offer easy credit. - it did not matter if your had a secure job or not. Just take a loan and secured it on your house. All it mattered was: do you own a house? The interest rates were low and payments were easy to make on the new loan. That is before interest rates finally started to rise.


It couldn' t be easier. - companies started to feel shock waves and many started to lay off the staff. Banks or home loan lenders started to get rest less and started to issue eviction threatening notices. Even if people didn' t loose their jobs, they still felt the extra pressure meeting increased levels of debt payments. It is difficult to blame mortgage companies. It is a difficult situation for families with young kids, for older people who have not got enough savings to go and buy a new place.


Like any other business, they are entitled to get their money back. - or people do not want to advertise their financial situation to their neighbours or relatives that their situation has come to this. Their main priority is to recover their money - as quickly as possible. Banks do not have any emotional ties with your house, you do. And at the best possible terms. Banks will need vacant possession of the proprty to sell.


Any delay cost them money. - ideally you do not want to sell. That way no one knows that you have sold it. As an alternative, if you must sell but no where to go then you want to rent back this house. That way you can sell at your terms and rent back. This is where some companies, like Instant Angels excel.


If you get an opportunity then you may even buy back the house too. - they may not offer the full market value but they offer a spedy and stress free sevice of buying the house and even stopping repossesion. Even estate agents can never get you the full price because people make offers, you have to pay agents' fee and also the mortgage for the time property does not sell. Thinking about the price, you never get full market value any way if your bank repossessed the property. Oh, and you also pay legals, council tax till, insurance it is sold, and so on. Rents and other terms can be determined according to your circumstances. If you are considering selling the property, then you may also want to consider renting it back too.


If you feel that you may get in a position to buy back in a few years time then the future price can be fixed today so that you never have to rely on the market to determine how much prices will go up by. - if you chose to buy back in 2 years then you will have an option to pay today price, as long as you rent back and make rental payments on time. As an example, Instant Angels can buy the house today with ready cash at 15 - 20 percent below true market value. That way you get to buy the house back at TODAY' s price regardless of whether prices keep rising at whatever percentage. For example, if property prices crash then you can walk away at any time and buy another house cheaper. Remember, you are not obliged to buy back. In other words, you have an option to buy the house back but you are not obliged to do so.


Is that an attractive option? - on the other hand, the company must sell the house back to you at pre - determined price should you wish to exercise your option. You bet. We can even come up with cash and complete with in days rather than weeks. So there is no need to worry about looming threat of house repossession( which can be stopped too) . And we will pay all your costs too( e. g. solicitor etc) . Once you agree to sell to us then rest assured, every thing will be sorted out without causing any further stress and anxiety to you.


The process is hassle free. - because you deserve it.

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