We Stop Repossessions
Let’s face it!  The housing market is currently glutted with distress properties.  Anytime is a bad time to be served repossession documents but with the current market trends, being in this position now can be extremely volatile. However, there are still reputable home buyers who are searching for good long-term investments. These investors require the ability to cover their immediate cost of ownership through standard tenancy agreement income. The rental fees charged must be within the average range of similar rental properties in your area. What reputable investment home buyers can realistically pay for a rental property will be thoroughly covered here.

Recent studies have shown that it is now far more expensive to purchase a home in England with a high-percentage-of-value mortgage than it is to rent the same property in the private sector. Since the mid-1990s, property values have tripled while rents have risen at a much slower rate. The rents have been based solely on private sector earnings. The housing market is also currently static with a good chance of home value declines. Because of this disproportionate, mortgage vs. rent, ratio, it is impossible for the long-term-investment home buyers to pay you 100% market value for your home. Rental property investors are required by the mortgage lenders to at least break even immediately on the mortgage payments.

Investment home buyers can stop the repossession and complete the sale of your property in a matter of days because they have the credentials to fund a new investment mortgage quickly. These home buyers also must pay all the usual fees to initiate a new loan, as well as. maintenance and repair expenses, council taxes, the mortgage payments, utility bills, building & contents insurance, and life assurance.

A reputable investor will negotiate a reasonably discounted buy out price with you based on the condition of your home and the current rental income potential. The pros of a quick property sale for you by an investment home buyer are two-fold. The investor can, of course, stop the repossession and buy off your arrears mortgage in full. They can also assist you with unsecured, negotiated-down, debt pay-off or consolidation, and can even rent back your home to you for a rent based on comparable rentals in your neighborhood.

Contact Advanproperty today! We will work with you and negotiate the best investment home buyers purchase price available in the industry. We can help.