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Sell and Rent Back Quick
| Real Estate
By: Jamie 123 , Posted On:2008-12-16
Sell and Rent-Back can give you the comfort and piece of mind of not having to leave your home. And if you get a quick sale, the entire process can be very stress free. Many Sell and Rent Back scheme over flexible solutions, which can benefit many different seller situations.
Sell and rent back will give you the opportunity to remain in your home throughout the entire process and after the purchase is complete, for an agreed period, the duration of which can be confirmed at the outset. You can rent your home back with no upfront costs and some buyers even insure the property free of charge!
Sell and Rent Back can also provide an income boost for those who might want to cash in equity without downsizing. Having the ability to release the capital in your property, while remaining in there as a tenant - at a realistic rate - is an option more and more of our home owners are choosing. With rent and sell back you have the option of purchasing the property at the end of your rent-back term.
If you are considering re-mortgaging you run the risk of increased costs as interest rates are predicted to rise. The global credit crunch has drastically reduced the amount of mortgage products available in the financial market and 'good mortgage deals' are hard to come by.
Alternatively, if you are considering an Equity Release scheme, you should know that these are usually aimed at the elderly, are extremely complicated and are not always as financially beneficial as sell and rent back schemes.
In the current climate it might be the best thing to sell and rent back quick, cut your debt level and enjoy piece of mind.
Jamie is a specialist advisor in sale and rent back schemes with extensive knowledge on how to sell and rent back quick. |
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