Homes under the hammer leave sellers in the red
LONDON- 23.10.2008- London’s premier cash homebuying service, SecureASale has this week underpinned the growing problems auctioning a property is causing sellers.
SecureASale director, Tim Jackson notes, “The problem is, the only homes selling in auction are generally the repossessions that have been placed there by the banks at huge discounts in the first place.
“In fact, Allsop’s forthcoming auction catalogue is focused purely on repossessions and will no doubt be a great success – for the rich investors who are snapping up bargains!”
With repossession rising as fast as house sales are falling, SecureASale’
Jackson adds, “The truth is quality family homes are not getting a look in at auction at the moment, as purchasers are only prepared to make very low bids that would send the average homeowner into negative equity.”
SecureASale offers a completely discreet and personalised service and guarantees to make an offer on every property viewed by its directors. Unlike auctions, SecureASale doesn’t charge a fee, helping customers to stay out of debt unlike the auction houses.
For more information on SecureASale and their cash for homes service please visit: http://www.secureasale.co.uk
**ENDS**
Press Contact:
For all press enquiries please contact:
Tim Jackson
14b Pond Square
London
N6 6BA
Telephone 020 7117 6001
Fax 020 7681 2353
Web http://www.secureasale.co.uk
Email Marketing@secureasale.co.uk
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