If faced with losing my home one way of avoiding having my home taken by the lender and avoiding having the stigma of repossession attached to my name would be to get cash for my house. However this generally means that I would have to leave it that is if I sold through an estate agent. However I could take another option and this would be to sell to a company offering a sell and rent back solution.

If I were to take this option I would get a fast property sell and I would get cash for my home allowing me to payoff my mortgage. However the best thing about a sale of this kind is that I would be able to stay on in the property by paying affordable monthly rent and who knows I could be able to afford to buy back the property once my financial situation had improved.

This type of sale can be a win-win situation and I could apply online and know within just 24 hours whether this was an option worth delving further into. If it was the whole sale process could be over in just a couple of weeks from my first applying. It would cost me nothing to apply so I have nothing to lose.