I expect you have seen the adverts, they say:
” Would you like a quick sale for your property and at its full market value?”
These are the claims from home staging companies who will prepare commercial and residential properties for home sellers to entice people to buy at full market value.
This really is being a little more than optimistic in today’s market with fewer and fewer people able to obtain a mortgage and consequently less potential viewers.
I will be perfectly honest, I have nothing against home stagers, as they do an excellent job, its just that you need to have prospective quick home buyers in order to put on a show.
To demonstrate this point I would like to take a quick look at the housing market in the news:
1/ Official statistics from the financial watchdog say that the number of homeowners close to repossession has increased by more than ninety percent in the last twelve months
2/ The Financial Services Authority (FSA), using the latest mortgage lending data confirms that there have been 13,161 new cases of house repossession in the third quarter alone of 2008. This again is more than ninety percent on the same quarter the previous year.
3/ Reports from the Citizens Advice Bureaux indicate that thirty five percent more people have contacted them regarding difficulties with loan arrears and mortgages.
4/ The CML, Council of Mortgage Lenders have predicted that half a million borrowers will become more than three months in arrears with their repayments and that due to rising unemployment more than seventy five thousand homes will be reposed in 2009.
The facts speak for themselves!
If you are having a problem paying your mortgage it is important to sell your home before it devalues further. Why risk losing your home, as we have the means to allow you to sell and rent back. why not give us a call on our freephone number. We can talk you through your options and tailor a solution to your needs.
You will never feel under pressure at anytime and we will find a solution to suit your individual needs.