If you have given up hope of any chance of being able to pay off your mortgage debts and have resided yourself to the fact that the lender will take your home and you will have to move out then you could think again. Have you looked into the option of being able to sell your home and then remain in it by renting it back? There are specialist companies out there who would buy house cash and then allow you to pay affordable rent each month to remain in the property.

Not only do they give you cash for your home which allows you to pay off the mortgage they will also buy house fast which eases any financial worries you have. If you are selling your home this way and go into the deal the company would provide you with the information you need to stop any proceedings for repossession to go through. You could sell your home to avoid repossession, remain in it and not have any fees to pay for such as estate agent or solicitor.

Should you want to take the option you could then buy back the property for a fixed sum of money which would be set at the time of selling the property.