It may be the start of a New Year but for many there are still the old problems to deal with of last year. Homeowners who had found themselves struggling to meet their mortgage repayments towards the end of last year, are now faced with repossession of their homes this year, unless their situation has changed.

If you are one of the many faced with this predicament, then you may wish to look into ways of avoiding imminent repossession to stay on in your home. While your options are somewhat slim, you may wish to consider the chance of being able to sell with a company who offers to buy rent back your property.

For instance if I knew that I had exhausted all other options and my home was going to be repossessed I might look into being able to sell my house and rent it back to remain in it by paying rent each month that was affordable. When selling this way companies often help you and show you how to stop repossession proceedings. In as little as 24 hours from applying online, you generally know if it is an option that is something to be considered. If it is you can go ahead and have someone come to value your home and you may be able to sell in just weeks.