Sell and Rent Back

Sell and rent back can save you from repossession

If you have gotten behind on the repayments of your mortgage and cannot find any way to make an agreement with the lender then repossession will just be a matter of time. If you do nothing about this then you will be taken to court and the judge will set an eviction date. If you wish to avoid this then the only options available to you are to sell your home yourself, give it up to the lender to sell or to get in contact with a sell and rent back specialist.

A sell rent back deal would allow you to sell your home to the company who will then work with you to stop any eviction order or repossession that is underway. Of course you would have to agree with the price that the company offers which is less than 100% of the full value. However there are no fees to pay and you are able to pay rent each month which allows you to remain in the property.

The majority of rent back specialists will also provide you with the chance to be able to buy back the property for a fixed price in the future. This means that you can again become the homeowner instead of just the tenant.

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