Sponsored Post

Now this strikes me as an interesting way of dealing with financial problems -- selling your house and then renting it back. That is the premise behind this company -- they buy and rent back houses and other real property to so that the owners can deal with serious financial needs.

Here's how it works. They buy the home from you for about 80-85% of market value, in exchange for agreeing to allow you to rent it back. Now they can't guarantee that you can rent the house forever (economic realities do intrude), but it seems pretty clear that there is the option of renting for an extended period of time. With this sell house rent back program you get the cash, you take care of the financial issue, and you keep on renting -- and there is even a buy back option if you choose.

Is this a deal for everyone? No -- but if you have financial issues and cannot refinance, it might be the most attractive option available to you.

Posted by: Greg at 06:52 PM | No Comments | Add Comment
Post contains 179 words, total size 1 kb.