The reason why most folks get in trouble with house repossession is they bury their heads in the sand. They avoid facing their Problems.
Whether the difficulty is sickness, loss of a job, or any other situation, you want to get control.
You know when you have skipped mortgage payments. You now need to be honest with yourself. Ask the question - is this a short term problem or a long term problem?
If it's a short term problem, like you were made redundant and you now have another job, then fix it!
Call the mortgage company, tell them what happened, and ask them what options you have. This could be a mortgage payment vacation, roll the arrears into the principal, or pay back the arrears over a period of time.
Banks are flexible. The very last thing they want is to repo your place.
If however you have been let go for a bit, and you have high Visa card debts or secured high interest loans, then be truthful and admit you need to sell your home to get out of difficulty.
You can try selling thru the standard channels,eg realtors, but that is not straightforward nowadays. The market is exceedingly slow.
You can try to sell at auction.
But not all is lost. You can sell to a speculator. Backers are always buying, they'll simply demand a less expensive price.
So how does one find a backer to sell to?
Simple - go to Google and search for sell house fast or fast house sale and start clicking on the links. These results will produce investors for you.
Or contact someone like "repossession angels" who's business is connecting backers with sellers - that need to sell property fast.
If you've not yet been to court over your rel=nofollow [http://www.repossessionangels.com]House Repossession, then you may still have options, but just if you act fast.
Speak with somebody today.
Dr David Kyte has been helping people with [http://www.repossessionangels.com]House repossession issues for some time. There are lots of options, but just if you move fast and assume control.