Kevin & Gail O’Grady - Diamond Sun

Foreclosure listings can be used to your advantage when buying a new home. It’s a well known fact that numerous people lose their homes due to financial shortcomings. Many cases exist where individuals could not afford the mortgage at the onset. There are accessible listings revealing to prospective buyers many homes that are discounted thanks to the original owner defaulting on their mortgage.

We recommend using the many online resources wisely and reading through foreclosure listings to find a home at a bargain price. It may look cruel that your good luck could come at the price of someone else’s hard luck but looking at foreclosure listings could significantly reduce your expenditure when buying your home.

What’s your Choice…? Free vs. Paid Subscriptions

Available are free as well as paid foreclosure listings showing you power of sale properties at a tiny proportion to the original listing. Free listings may not be updated as regularly as those listings that require a subscription fee. We advise you to take a look at all the available alternatives before seeking a subscription service.

How to Find Foreclosure Listings

If your aim is to really save a lot of money on buying your new home (or an investment property) then it will certainly do you good to find a good home and property listing service.

Foreclosure listing services can be specific to certain areas, giving you information quickly. Paid services are preferred with respect to free services since they tend to be more efficient.

Let’s Now Find a Good Foreclosure Listings Sites

Go online for foreclosure listings and carry out a search based on the factors you are interested in. It is not rare to find listings services that will even e-mail you upon the appearance of a new listing with your preferences.

For information and valuable insights into mortgage topics please go to:

http://www.mortgage-infoguides.com/blog/.

September 28th, 2008 | Tags: Foreclosure | Category: General | Leave a comment

5 Tips for selling your house

When you’re getting ready to sell a property or other investment, there are a lot of things you can do to create curb appeal so everything works in your favor. Accordiing to statistics, potential buyers decide within the first 10 seconds of seeing the outside of the house whether or not they want to see the inside. To attract buyers initially do the things we talk about because they are some of the most important things you can do. You will get a better price for your property and you will also sell it faster than you might think.

Here are some cost effective things you can do quickly to make your real estate investment more profitable. You may be familiar with some of these concepts but are you using them all to your advantage?. A lot of these principles also apply for creative real estate investing strategies like foreclosures, flipping, wholesaling, lease options, property assignments and rehabs.

Aside from standard cleaning, here are some of the most important things you can do to have the most impact with minimal cost:

-Trim the trees and shrubs first then clean the flower beds along with mowing the grass

-Most investment properties can look like new again if you will simply presure wash the exterior walls

-Avoid repainting an entire room by using some touch up paint where you can

-In order to appeal to more buyers, use lighter color or neutral paint when paint is needed.

-Eliminate or replace “dated” features like wall paper, old fixtures and knobs

-Clean the pantry and the closets to eliminate the clutter and garbage

-Replace the carpet in areas that absolutely need it and have the rest of the carpets cleaned

-Repainting the front door will add a lot of definition and color.

-Clean and sweep the front porch and the pathway leading up to it

-Remove debris from the downspouts and gutters

-Clean the oil stains on the concrete driveway

-Fix any cracks, leaks or stains

-Remove old, dirty welcome mats and replace them with new ones

-If room permits, add a small bench or seating on the porch or just inside the entry.

-Add color to the entry way with flower pots on the porch

-Dim light fixtures will kill your homes appeal so replace old fixtures with new brighter ones

-Re-grout or at least clean the tile in your showers and bathrooms

-Clean or replace old blinds, drapes and shower curtains. -Let as much natural light into the room as you can by removing old drapes and curtains

-Clean handrails, light switches and door handles

-Clean windows and mirrors

-Air out the house and use natural air fresheners. -Avoid chemical based air fresheners or sprays; there are many people that have allergic reactions to them.

Excessive remodeling can often break the bank while many of the things we’ve talked about can make a big difference without costing a lot. Very often the small details will do more for your curb appeal than expensive renovations will. This can even be advantageous for low risk, quick cash strategies such as a system to flip houses and similar effective fast cash investment strategies!

September 27th, 2008 | Tags: Investor | Category: General | Leave a comment

Emigration overseas seems to be a latest fad. It seems like entire populations are taken by the idea that the the grass is greener and heading to further shores. What’s driving thise trend?

Work and career opportunites seems to be the most common answer when people are asked why the are considering migration abroad? There is enormous shortages of skilled professionals in many countries including Australia, South East Asia and New Zealand. Pay rates appear way better away from their own country seems much higher than what they are used to getting on their own nation. For them, moving abroad is a dream that comes true.

Canada and Australia nowadays has a very large demand for nurses and caregivers. There are many British, American and Filipino Nationals who have decided working professionally oversease is as a worthwhile career move. There is also a huge demand for laborers in the construction industry. Plumbers, welders and carpenters and other skilled professionals have migrated to greener pastures.

In the Middle East, hospitality services are big in the market for job seekers today. Hotel staff like bellboys, chambermaid, receptionists and restaurant workers are very much needed in Dubai, Qatar and Saudi Arabia. Of course, let us also not forget the ever continuing demand for Engineers and Architects in these oil-rich countries.

On the other hand, East Asia is now open for English Language Teachers. There is a great numbers of Chinese, Koreans and Japanese students now leaving their countries to learn English and for those who can’t afford it create the demand for English Instructors in their own contries.

Migration in a family always causes a split. In the first place, it is the family which has given us the reason to leave after all. Bring your families with you when you decide to move overseas for employment. You will find that it will be less lonely and more meaningful to see them grow with you.

September 27th, 2008 | Tags: Moving | Category: General | Leave a comment

Firstly it is important to know that your lender can not evict you without a court order.

If you have been given a court order by your lender (received in the post) it usually means that other attempts made by you and the lender to overcome the arrears have failed. Some lenders are very sympathetic to borrowers who have got behind in their mortgage payments and may wait 6 months before applying for a court order. Some lender (of the ‘sub prime’ variety) will be all to quick to take late payers to court.

In order to start the eviction process the lender will apply to the local court to issue a ‘possession claim’ which will give you a date and time for a hearing in the county court. You should have at least 28 days’ notice of the hearing date. (Note; a court hearing does not mean you will automatically lose your home.) Even if the court decides you cannot afford to stay there, you will not be evicted from your home on the date of the hearing.

What you need to do before the hearing

A document called ‘particulars of claim’ will be sent as well. This sets out your lender’s case for taking possession of your home. You will also receive form N11M called a ‘defence form’ which you should fill in and return to the court within 14 days or receiving it.

It is important you give as much information as possible in the defence form as this give the court a chance to see your side of the story. The court will not evict people unless they have to so give them a good reason why they should order the lender not to evict you. You need to ensure you:

• Check the details of your lender’s claim to see if you agree with them. Say if you think that the information is wrong.
• You will be asked how much you can afford to pay off the arrears. Prepare a personal budget sheet to work out how much you can afford to offer and show this.
• Put down an amount which you can afford, even if your lender has already refused this offer.
• If you are hoping that your circumstances will improve in the future (i.e. the reason why you got in arrears will change or improve), or you want time to be able to sell you home, then say so in the space provided.

You should send this document back 14 days after receiving it. If you have missed this date it is still worth sending it if it will reach the court before the hearing date. Remember to keep a copy.

What you need to on the day of the court hearing

• Come prepared to the court with short noted about what you would like to say at the hearing. Don’t be afraid to refer to them when you speak.
• If your financial circumstances have changed since you filled in the court form work out a new budget sheet and take it with you.
• Take 3 copies of your latest personal budget with you (one for you, one for the judge and one for the lender’s representative).
• Try to answer questions clearly, calmly and fully. Remember you have as much right to put your case as the lender and the judge will be keen to get the full story.

What should you say?

If you think you can pay off some of the arrears in staged payment let the judge know your plan. If the judge agrees the lender can not evict you if you stick to these plans. If the judge does not agree with this plan you can ask for an adjournment or postponement to give you time to sell your property yourself.

If you plan to pay off the arrears in a short space of time (by remortgaging or selling your property ask for an adjournment). You should also ask for an adjournment if you don’t agree with the lenders figures. This will give the lender time to get detailed accounts ready for the judge.

If the judge does not accept any of your plans they can the district judge can make a possession order, which allows you a set period, usually 28 days, before your lender can take any action.

What if I can’t pay?

If you subsequently find you can not pay the amount which the court has ordered you to pay, you should go back to the court and ask for the order to be changed. Use the form N244, available from the court office. You should also contact your lender and try to make a new arrangement. If you can not make another arrangement there is a danger that you may not be able to avoid repossession and you should prepare for the worst or possible arrange to sell and rent back your home. .

September 27th, 2008 | Tags: Foreclosure | Category: General | Leave a comment

If you are interested in finding out what it will take to halt foreclosure proceedings you will have to seek the knowledge that will be required in order to do so. Actually, the timeline for foreclosure varies from state to state, but there are similarities. If you are a homeowner it would be in your best interest to comletely understand and know the whole foreclosure process, not only the timeline for foreclosure. Many homeowners lack knowledge or are very uninformed, or even misinformed. This unfortunate lack of knowledge can wind up being devastating.

As you have most likely discovered, any undertaking without the necessary knowledge will almost always wind up being a bad deal. Many homeowners do not comprehend or want to admit that there are predators out there disguised as mortgage brokers, real estate investors and attorneys that will steal you blind. Your misfortune, likely caused by lack of understanding can bring them huge monetary growth.

The timeline for foreclosure will generally follow this agenda. The foreclosure timeline starts when you are only one day late in sending your mortgage payment. Yes, one day late. Usually, at this point no additional fees have been tacked on yet. If you do not remit your whole payment within 16-30 days a penalty or a late charge will be tacked on to the total amount due. About this time you will surely hear from the mortgage lender. They will inquire about why you haven’t sent your loan payment. If your mortgagepayment goes more that 30 days behind, you will be labeled as in default of your mortgage loan agreement.

Being in default in the simplest terms, at this point, means you are late on your house payments. If you have not made a house payment after thirty days, the lender may decide to exercise their rights and repossess of your home. Whatever you do, do not panic. Remain calm and remain in contact with your mortgage lender during this foreclosure process. These days the bulk of lenders really do not want to take possession of the house. They will likely be willing to assist you if they can. Do not be afraid to inquire about� what programs they have available to you.

Between the 60th and 90th days or non-payment, an official notice of default will be sent to the homeowner. At this point during the timeline for foreclosure, collection costs will be tacked on and the mortgage company’s legal department will put together and deliver the required documents to a local lawyer. This is the start the actual foreclosure proceedings.

The last leg of the foreclosure timeline occurs somewhere between day 150 and day 415. The borrowers house will be scheduled for liquidation at a foreclosure sale or a foreclosure auction after the Notice of Trustee Sale is filed. There are certain benchmarks and points that must be followed and adhered to during a foreclosure process. Keep in mind that a foreclosure is a legal event. The up-coming foreclosure should be advertised in the local newspapers, once the case is handed over to local attorneys.

The homeowner still has the right to halt the process leading up to the foreclosure of the property. Most states have laws regarding that. During the pre-foreclosure period, the homeowner may be able to purchase the property back from the lender if they have come up with the money. Regretably the majority of homeowners will be removed from their home by the local sheriffs department. These circumstances could be prevented if the homeowner pocesses the information about available options to them when they are looking at foreclosure.

September 25th, 2008 | Tags: Foreclosure | Category: General | Leave a comment

There are a number of places that you can go to, to illuminate your mind on mortgage options such as the internet. With the information highway, you have the ability to get much more information about quotes from different sources that will best meet your interest and financial goals. Thanks to the internet, you can get snappy information regarding the various mortgage plans out there.

You can apply for mortgage by going to the office of the intended lenders. A way to apply for mortgage that is fast and stresses less is online. Each and every day more and more institutions are providing their services on the web to make things easier for their clients.

The repayment period of a mortgage loan varies depending on the interest rates. A loan for your house that has a pretty high interest rate quite often has a much shorter time limit to be paid back. A mortgage loan that has a low interest rate has a longer time limit within which the loan is to be paid back.

For some home owners applicants that are not able to put together 20% down payment a 100% mortgage loan is perfect. Something to consider is you are getting 100% mortgage is the price you will pay for private mortgage insurance. If you are looking for a good 100% mortgage loan, look for the one that does not demand that you buy private mortgage insurance so that you can save extra cash.

You would think that mortgage loan providers will steer clear of people with bad credit. The fact about the matter is that bad credit mortgage loan is actually good business because mortgage lenders can recover their loans within a short period of time. Don’t fold your arms and think that your bad credit pasts may prevent you from getting a good mortgage loan plan. It will not.

Online mortgage loan applications are twice as fast as personal or in person application because of the numerous systems involved in networking information on the internet. There is no doubt about the fact that online application for your mortgage is quicker and much better. With mortgage loan applications on the internet, you can get a loan in a matter of days.

A lot of home buyers who will buy a home for the first tme may enjoy lots of benefits from the institution who will provided their first mortgage loan. Some mortgage loan providers may offer mortgage loans with low interest rates to attract first time home owners looking for mortgage loans. A longer repayment period is often part and parcel of the perks offered by a mortgage provider to a first time loan seeker.

Getting mortgage loan is as simple as going to the right source. Banks can give you a loan for your house. Going to the appropriate lending bodies allow you to get the right mortgage plan for your situation

Read Jon Ferris website to entertained with truly insightful information.

September 22nd, 2008 | Tags: Mortgage | Category: General | Leave a comment

1, What is Mortgage Refinancing?

Mortgage Refinancing means that you’ll receive a new Mortgage rate that better fits your needs. This may include changing to a new type of Mortgage, a new type of Mortgage rate, and/or a shorter or longer term Home Loan. Refinancing usually makes sense only when there has been a drop in Interest Rates and you want to lock in a New Mortgage at a lower rate for a longer term than your existing Mortgage. It can also benefit those who want to Refinance their Mortgages for a longer term to lower their monthly payments.

Home refinancing allows you to get access to that increased value, almost as if you’d sold the house. In a sense you are selling it to yourself and Home Refinancing can be a great tool to wealth creation. Home Refinancing is a great way to lower your Mortgage Interest rate and reduce your monthly payments. However, if you have never gone through a Home Refinance, then there is a ton to know.

Refinancing is a serious step to take. It may be necessary and it may be helpful, depending upon one’s financial situation. Refinancing a Mortgage essentially means paying off an existing Loan and replacing it with a new one. Homeowners may decide to consider Refinancing for a number of reasons. Mortgage Refinancing allows you to build equity in your home more quickly. For example if you have 40 years Mortgage originally than Refinancing can help you reduce the length of period somewhere between 20 to 25 years.

2, When Should You Not Refinance?

Refinancing may not be that useful if you have already used up 90% or more of your home value in taking out a Mortgage or any Home Equity Loan. You won’t be able to get the best rates available in the market as when you refinance a 90% LTV loan, you will probably require a Loan of that value or higher.

3, Why Mortgage Refinancing?

Mortgage Refinancing can be a wise decision. Refinancing means taking out a new

Mortgage Loan to pay off the original Mortgage. Mortgage refinancing can save you money by allowing you to reduce your monthly Mortgage payment. It can also help a homeowner to consolidate their debt in order that they can save even more money in the future. Mortgage Refinancing allows you to pay off the remainder of your existing Loan by taking on a new Loan with better terms. However, there are a number of Mortgage Refinancing options available to you.

Mortgage refinancing can help you lock in a low, Fixed Rate for the life of your Mortgage to protect you against fluctuations. Similarly, you could also switch to an adjustable-rate mortgage (ARM) to take advantage of rock-bottom initial Interest Rates. Mortgage Refinancing provides a credit resource that is very valuable and can give an optimal level of comfort. However, the size of your loan is a very crucial factor.

4, Fixed Rate Loans

Fixed rate Loans hold the same monthly payment amount for the life of the Loan. These Loans are good for people that plan to own their home for many years. Fixed Loans are very popular when Interest Rates are low, whereas adjustable loans tend to be more popular when Rates are higher. When rates are low, homeowners Refinance to lock in low fixed Rates.

Lower Interest Rates are one of the most popular reasons for Mortgage Refinancing. In fact, many people still consider lower Interest Rates to be the biggest advantage of a Home Loan Refinance. Lower Interests and longer term of a Loan, are only few of the benefits that you can get from Refinancing your Home Mortgage.

5, Adjustable-rate Loans

Interest rates on adjustable-rate loans and mortgages shift up and down based on the movements of the various indices used to calculate them. By refinancing an adjustable-rate Mortgage into a Fixed-rate one, the risk of interest rates increasing dramatically is removed, thus ensuring a steady Interest Rate over time. Another option would be to take up a second mortgage, which will be based on a shorter loan term, but with higher interest rates.

6, Costs of Mortgage Refinancing

Costs typically involved in a refinance include: points, document preparation fees, tax service fees, title expenses, appraisal fees, and other Lender’s costs. Of these, the “points” are typically the most expensive. Cost of repairs may not be financed with a streamline refinance. HUD does not require repairs on streamline refinances except for lead based paint repairs.

Mortgages are big transactions, and Lenders want to make sure that borrowers don’t have regrets. The reality is that very few borrowers exercise their right of rescission. Mortgage Loan Refinancing is a best way to get maximum advantage of the Low Interest Mortgage Loans available in the market at present. By paying off your old Mortgage the Refinanced loan, you become liable to pay lower interest rates on the new Mortgage.

If you decide to Refinance your Mortgage, make sure you choose a reputable Mortgage Company you can trust.

September 21st, 2008 | Tags: Mortgage, Refinancing | Category: General | Leave a comment

Do you want to make your motivated lead capturing more efficient and run without your presence? I do and I’ve been searching for a way to do it. It used to be that you couldn’t find anything off-the-shelf to do this but now there are plenty of options. There are high-dollar solutions and cheap, get-you-by template systems. I like the middle of the road here.

The most important thing for me is having a site that I can drive traffic to immediately using Google or Yahoo. I like being in control of the traffic and budget here. I believe the other key is having a site with convincing copy so that when potential customers get there they know that I am a reputable business. I’ve had the duck-tape sites before and they are tacky. Now that I have a great looking portal I need it to be managable by me. Meaning that I want to be able to modify the message without having to rely on an outside source. Finally, I want a way to be able to follow-up with the leads I receive through email. I’m sure there are plenty of one-off mail automatic emailer but I really want to keep this information to myself.

I was seriously stoked when I found a set of investor websites that I was looking for. It’s affordable too! It has the 3 things I was looking for:

1. Excellent look
2. I can maintain all the copy myself
3. It has a built-in autoresponder

EZWebSolutions advertises this group of investor websites that has a solution for buying houses, selling houses and seeking private lenders. What more could you ask for? Well, it might be nice if they had a site that specialized in wholesaling to other investors but for now this has gotten me going quickly. The normal price for each of their sites is $197 but I’ve found that they are offering a discount right now where each site is just $97 .

It must have been my lucky day because I timed it just right too! They just added this motivated seller magnet that allows you to put up a squeeze page with the click of a button. I’m not kidding! It can be enabled with a checkbox in the administrative console. It uses the new Thickbox technology and my opt-in rate has increased dramatically

I hope you get out of this what I did. It’s priceless for my business as I’m able to find much juicier deals these days.

September 19th, 2008 | Category: General | Leave a comment

Reverse mortgages certainly come as a benefit to retired house owners. The cash generated by getting free homeowner insurance quote and giving up some of their home equity (to receive the reverse property loan) might aid these retired house owners in creating funds for several reasons e.g. the sum thus generated can be spent on paying for property improvements, or the money can act as a further retirement income or it may be used for paying off an existing mortgage or it can be used for covering some hospital expense etc.

Moreover, the sums generated from reverse property loan is generally tax exempt. What’s more, once you pay off the reverse mortgage in part (or in full), the interest part of the loan might qualify for income tax deductions (this further increases the number of benefits from reverse mortgage loans).

Reverse mortgages are also a good concept in the world of home loans. A reverse house loan is a home loan that functions in the reverse method e.g.. you get money rather than make payments. With a reverse mortgage loan, you keep increasing your loan rather than reducing it.

Therefore a reverse homeowner loan gets you monthly payments and as you collect this cash you build a debt. But when do you repay the sum that is added through the reverse home loan? Well, the reverse homeowner loan is not required to be returned so long as you live in that property plus get house insurance quote online. Therefore, the reverse mortgage loan is to paid back if you either stop residing in the home (whose house equity you are taping to get the reverse homeowner loan) or you sell the house or you die.

You must check the fees and additional costs associated with reverse home loans before you choose one. As a fact, you should do a lot of research by requesting reverse mortgage offers from several mortgage specialists before you pick the one that offers you the best returns (as you would for a regular mortgage loan). Moreover, because the title of the home remains in your name, you would be expected to pay the property taxes, insurance and other fees that you have on your house.

Reverse mortgages are a choice that is offered to seniors usually to people who are over 62 years of age. As you can figure out, the idea is that you have enough house equity in your home that you need to use for reverse mortgage. Also, a person can avail of a reverse home loan only if you are living in the house that he/she want to choose a reverse house loan on.

All in all, a reverse property loan is without a doubt a good idea for certain retired homeowners. For more low cost home insurance quote.

September 19th, 2008 | Tags: Mortgage | Category: General | Leave a comment

Cashmoneyhousebuyer.com

During the initial search for information on West Tennessee property for sale, there is a period of reservation which is completely understood. Your need to find the best location is only natural, and if you have a family, there are numerous other factors that will ultimately affect your final decision. Some of these factors include, but are not limited to, the availability of nearby schools in relation to the house, the general reputation of the surrounding area, community involvement within a chosen area, and the number of shops, churches, and entertainment establishments that comprise the city or town.

Bringing all of the above factors into play, while finding a West Tennessee house for sale, brings new meaning to the process. Finding information is relatively easy with the aid of the internet, and procuring this information is the beginning to making an educated decision in your future and the future of your family. Take steps to familiarize yourself with the local residents through town and city websites that offer pertinent information concerning statistics that will apply to you if you decide to purchase a West Tennessee house for sale.

After you have found the information you need, finding the local listings for West Tennessee real estate is a quick way of viewing the exterior of houses that you might be interested. Most listings include a photo of the property, which will give you a chance to take a glimpse from your home. Another good way of getting information regarding West Tennessee property for sale is by driving around town yourself.

Besides acquainting yourself with the overall layout of the town or city, this enables you to view, firsthand, various locations that may not be listed with any real estate company, and allows for a more relaxed and stress free approach to the process. Take time out to create a schedule that suits you and your busy life, and find that home just waiting to be owned by you.
Timothy A. Crane Private Real Estate Investor We buy houses and help people with their situations and give them options that they did not know they had. Cash For Your Home http://www.cashmoneyhousebuyer.com

September 19th, 2008 | Tags: Tennessee | Category: General | Leave a comment

Before you chose a Sale and Rent Back company you need to find out the following:

1. How long can I stay?

It is extremely important that you receive confirmation about how long you can stay if you plan to sell and rent back. If you have no set timeframe and want to stay for the long term it is important that you receive confirmation in writing to this effect. This needs to be in both a letter of intent and the tenancy agreement must include a right to renew clause.

2. Will the rent rise and if so, when and by how much?

It is important you get the answer to this question in writing. It is common for landlords to raise rents every year or two but some sale and rent back companies may have longer fixed rent periods in exchange for a lower sale price. Matching annual rent rises with inflation or a small percentage (i.e 4 to 5%) is common. Be wary of a company that says it will never raise rents as they are likely lying (unless they have bought your property for a very small percentage of its market value).

3. Will there be a tenancy agreement?

If you are not offered one consider walking away. Having an Assured Shorthold Tenancy Agreement signed by both parties is very important to protect your rights as a tenant. Without this you may be classified as a squatter and forced to leave your property after the sale.

4. Do you intend to sell the property in the future?

If you are hoping to stay for the long term, obviously you want this answer to be no or not until you decide to leave. A good sale and rent back company will intend to rent out the property for the long term (even if you decide to leave and they have to get someone else in). They will have a buy and hold strategy and should not rely on selling their rent back properties to make their money.

5. Who will be responsible for repairs?/p>

This should be clearly stated in the tenancy agreement but as a general rule the landlord (sale and rent back company) is responsible for all maintenance issues (i.e. broken boiler, leaking roof). This should all be made clear in the tenancy agreement.

6. Can I redecorate?

Most sale and rent back companies (and landlords in general) are okay with their tenants redecorating as long as they do not devalue the property in any way. It is in their interests for their tenants to feel like it is there home. You will need to get permission before you do any work.

7. Can I chose my own solicitor?

The sale and rent back company should allow you to chose your own solicitor and most of the good ones will pay the first £500 of their fees. However, they will normally suggest that you chose one that they recommend. This is because they know they will do the job properly and quickly. One of the main reasons property purchases take so long is because of delays with solicitors so if you do chose your own the sale and rent back company are unlikely to guarantee the completion date.

8. Will any fees be payable upfront?

A good sale and rent back company will not charge you any fees up front. They should pay for any valuations and surveys necessary. If you are asked for any money up front refuse and use another firm. Some less reputable companies ask for a valuation fee and then make a ridiculously low offer.

9. Does the company have references?

A good reputable sale and rent back company should be able to provide you with testimonials from current clients.

10. How long will the process take?

A good company will be able to complete the sale in a timeframe that suits you. If you are not in a repossession situation they should have the ability and experience to complete quickly and stop the eviction (in 1 week or less if necessary). Normally the sale will take about 4 weeks but can be delayed if necessary (i.e. until the redemption penalty on the current mortgage expires)

September 19th, 2008 | Category: General | Leave a comment