How I Paid my Mortgage Despite Being Unemployed…
Imagine how would it feel if one day you suddenly find yourself thrown out of your job. You have lost your job and you stand the risk of losing your house too. The company I was working with had gone bankrupt. The rot had set in earlier but only the company’s top brass new about it, rest of us had no inkling. We had heard that the company was facing some trouble and that it was being sorted out.
All of a sudden when we were told that we had no job! My world crashed around me. How would I take care of my two children and pay the mortgage for my house now? The future seemed so dark.
I applied for a job everywhere I could think of, went to consultants, gave endless interviews. But all in vain. Since I was out of work; I was unable to make the payments. Carol, my wife worked in a departmental store. But she was not earning enough to run the house as well as pay the mortgage arrears too.
As I was expecting it, soon I was contacted by my mortgage lender regarding repossession of my home. I tried to convince my creditor that I would clear all his dues once I get a job. But the lender told me bluntly, “Pay the mortgage or forget about your home.” Home repossession in the UK is increasing I had heard but had never thought it would hit me below the belt.
Jesus, I can’t describe the fear of watching auctioneers sell,my home away in the auction. I badly wanted a miracle which could prevent repossession. Shall I sell my home myself? But the thought of going through the rigmarole of estate agents, their fees, the legal fees, sundry other payments….x y z….is too scary.
I had seen what my sister went through when she tried to sell her house via agents. They make you wait for months or even a year before your house is being finally sold. And I was running short of time.
Then my colleague and friend, Matthew suggested me to get in touch with cash investors who buy property really fast and without any hassles. I wasn’t too sure of it. But then I didn’t have any other option. So I checked out this property buying company online
Matthew was right. It is an organization of cash investors who like angels pulled me out of the crisis. The deal was completed in less than a month. It immediately put a halt to the home repossession process. These investors bought my property and paid me in cash. And what’s more I even rented back my home.
My creditworthiness is intact. That cash helped me pay off my creditors and I didn’t even vacate my home. Sure they were angels.
