How can I be sure I am not buying a repossesed house. In fact, how can I be sure that I dont waste my time looking at a property on the market which is about to be repossed. It's happened once and it's not funny!!!

Your help would be appreciated.

John.

-- Jonathan Blazini (jblazini36@hotmail.com), July 21, 2000

Answers

I don't suppose it was funny for the people being repossessed either!!

They were trying to save themselves by selling their property so that they would not spend the next six years not being able to own their own home, buy a car, get any sort of credit etc.......

Try and see it from their side, ok, you probably lost a survey fee or maybe solicitors fees as well, but it was not the vendors that blocked the sale, they are still facing homelessness, what are you facing?

I was going to say sorry for the verbal assault, but I won't as I think that your comments were particularly out of place on this forum.

-- Steve Robson (steve_h_robson@hotmail.com), July 21, 2000.

Both Question and Answer are correct-both ae pointing out they are losing money- the system and its officials are the only winners again

Once more i make the point there should be an *Act Of Parliament* with strict laid down laws with compensation for those who suffer like the person who asked the Question and guidlines and procedures to stop ,the suffering like the person who answered,no matter how much emotion we feel about this subject-it is called by complete lack of procedure!

Charles Twford

-- charles twford (charles.twford@lineone.net), July 21, 2000.

Steve, I do feel for the people whose house is being repossesed. However, does that mean I can't complain? I feel houses being repossesed does no good to the people being repossesed and even to the lender (so what to them huh?). The thing is the lender is more likely to recoup their money if they at least came to some sort of arrangement with the people they are trying to kick out. At the end of the day, they can take their home whenever they like, so why not see if you can help sort out their financial problems and then nobody loses out. I guess it doesn't make any business sense? Or does it.....ANYWAY, my question remains.....how can I ensure that this doesn't happen to me again??? Please do you know?

-- Jonathan Blazini (jblazini36@hotmail.com), July 23, 2000.

Well, you could always just ask the vendor outright. If you read these pages, you can see that they have nothing to lose and everything to gain by being honest and progressing a sale ahead of repossession. You also should ask the estate agent as soon as you eye up a property - they cannot 'misrepresent'. If the problems emanate from the lender - then sorry, join the club. You can either rant against the forces of international capitalism, wisely join Charles in wanting a specific Act governing repossession, or cross your fingers. all best, E.

-- Eleanor Scott (eleanor.scott@btinternet.com), July 24, 2000.