Sell Your House And Rent It Back

Have you come to a point in your life that you need cash fast? You know selling your home is a viable option that will give you the cash you need. But, you do not want to leave your home. With a sell and rent back agreement, you can stay in your home and have that extra cash you long for. The typical sale does not allow for you to stay in your home, but a regulated rentback company like ours will allow you to stay in your home and rent it back.

Why would you want to sell and rent back your property? If you have fallen behind in your monthly mortgage payments but do not want to leave your home, selling it and renting it back maybe an option for you. It can give you the money to stop any repossession or get you caught up on your monthly payments without you having to leave your home.

Worried that you will pay too much to rent back your property? We charge the rent of the fair market value of other rentals in your area that are comparable to your home. We offer you fair pricing as dictated by our regulatory status.

With the option to rent back your house we allow you to stay for up to 5 years.

You can choose to sell property and rentback as a solution for some financial problems. You could use the solution if you are faced with repossession, when wanting to release equity or when you are emigrating. In all of these cases having the ability to sell to rentback would be ideal.

If you are emigrating you would of course have to sell your home to move and in order to tie up all loose ends you would want to sell before leaving. If you put the home up for sale with an estate agent it could be there for some time even if it sold at all. Even if you got interest in the home and a sale seemed imminent it could fall through at the last minute due to broken chains. With the option of being able to sell rentback with a re company you could sell for a cash sum which would give peace of mind and then rent back until your departure date.

Being able to sell house and rent is useful if you need to raise a large sum of cash very quickly. You could use the equity in your home by selling for cash with a regualted company offering a buy and rentback and using the money for whatever was needed. Of course you would pay rent each month to remain in the home. This could be a win-win situation providing you remember that while you remain in the home you are just the tenant. A sale and rent back agreement might not be the best option. There may be other options available.

Sell house to rentback could also be used if you are going through a divorce and need to sell the home in order to be able to split the proceeds yet one of the partners wants to remain in the home. You would be able to sell quickly for cash and then rentback house for an affordable sum each month.

A sale and rentback can also be taken if you are facing mortgage difficulties or you are already in arrears with the mortgage and facing imminent repossession. You can sell your home for cash, pay off the mortgage and then rentback house. This might be an ideal solution if you are faced with losing your home and cannot bear the thought of having to move out. However, if you enter into a sale and rent back agreement you are unlikely to get the market value of your home and, as a tenant, may only be able to remain there for a limited period.

A sale rentback comes with many pros and some cons and these would have to be weighed up before deciding on taking the option. One of the biggest pros would of course be that you do not have to move out of the property and you would not have any fees to payout. You can get all the information needed on house rent back by contacting us. We will work with you to find a solution that meets your needs so you are able to remain in the home by paying rent which would be affordable.