If your looking to escape the clutches of the repo man you may still have a few options hidden up your sleeve, the so called "Sell & Rent Back Schemes" that are increasing in popularity in the UK are just one of the ways that you could achieve this

Due to the credit crunch taking hold, property prices falling it can be very difficult in today's market to sell your property, unfortunately most interested buyers tend to find they are unable to get a mortgage from the high street lenders which can impede your efforts especially if your desperate for a quick sale.

In order to address the repossession problem there are many small company's setting up back by investors and funders who are able to offer you an on the spot quote at a percentage of the market value of your property and allow you sell quickly to avoid the repo man you also have the option to be able to stay in your property as a tenant, it is not unusual for these company's to offer a buy out option which enables you to buy back the property later on if your financial situation improves.

This can be a god send for those that are on the verge of eviction, as if this were to happen and the property be repossessed then it would be sold at auction usually for much less than its worth and if this amount does not cover the outstanding debts then the individual or family concerned would be chased by lender with legal action until all the debts are paid in full, were with the sell and rent back schemes they must make sure that they clear all your outstanding debts before they are allowed to continue with the purchase this will include the outstanding balance, secured loans as well as things like mortgage arrears for this reason theses schemes are becoming ever popular in fight against the repo man.

go now to http://www.avoidhomerepossession.co.uk/