How To Save My House From Repossession

Most people facing foreclosure that we meet are already in arrears but are unsure of the bank's reaction when they stop paying mortgage installments. It's a nervous time but understanding how the bank has to abide by their code of ethic is essential. Prop-Assist can guide you through this process. The earlier we chat to you, the more likely we'll be able to assist. We can't promise that you won't lose your house, but we can definitely look at preventing you from becoming bankrupt and losing 100% of everything.

If you stop paying mortgage installments and get declared bankrupt, this will follow you around for up to 10 years. You'll have a black mark against your name and it's unlikely you'll get finance or credit. This means it might be hard to buy a phone, to get an internet account etc. Life is tough, so it's best to avoid it at all costs. The good news is that it takes some time for the bank to go through the process and the courts and Prop-assist can negotiate with the bank on your behalf, but the sooner you get in contact with us, the more likely we'll be able to help.

We are a property investment company. We are not real estate agents and we are not lawyers. We do however, understand the legal system and how the banks operate in relation to mortgagee foreclosures. We purchase homes from people suffering mortgage stress; we pay off the banks and set you free of your financial worries. We are investors, so we work out the math, the best strategy to take with the banks, and we try to create a win/win deal for you, the banks and ourselves. We profit from buying homes, renovating them, and selling them. We are often cash buyers and we can settle in as little as seven working days. If your Sunshine Coast house is getting repossessed, then connect with us as soon as possible.

If the banks threatening to change the locks, you're deep in the foreclosure process. It's not ideal, but we do have several tactics that may give you some breathing space. It's best to prepare for the worst at this stage, but we may be able to use the legal system in our favour to slow down the process. We can't make any promises, but if we can find a way to assist Sunshine Coast property owners, we will. 

The short answer is "maybe". There are many variables to cutting a deal with the bank, and yourself as the property owner, but it could be your last resort to saving face. It's worth a shot, or at the very least, it's worth a cup of coffee and a discussion. To meet with Prop-Assist, who are down-to-earth Sunny Coast locals, much like you, costs you nothing. If you want to connect and explore the options around how we might be able to help, then please connect as soon as possible. Time is of the essence.