What's The Deal With People Who Sell Property And Rent It Back?

There are many reasons you may find to justify the need to sell and then rent back your house. Here are a few reasons that you may find yourself experiencing while considering the rent back option:

• Financial struggles
• Health problems
• Death of a loved one or spouse
• Divorce
• Behind in mortgage payments
• Repossession
• Home in disrepair

These are just a few reasons people just like you have decided to sell their property and rent it back. When these instances occur you find yourself in a whirlwind of instability often with no way out. We can offer to buy and rent back your property which might be one possible way to recover from setbacks like these. All the while, this plan allows you the option to rent back your property and stay in control of your life.

There are many people out there that come on hard times and for whatever reason just can not make their monthly mortgage payments. When this happens the bank is not forgiving and after a few missed payments you can lose your house. Losing your home to repossession can stay on your credit for 6 years and can cause a whole list of other problems by affecting your credit score negatively.

This will hamper your ability to buy a home in the future, as well as making it difficult for you to get credit in your name. We offer you the ability to stay in your home and rent back your property. By doing this you will save your credit, stay in your home and even get the chance to get back on your feet financially to prevent this from happening again. A sale and rent back agreement, however, might not be the best option. There may be other options available. 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.

If you are faced with a divorce but have no desire to leave your home, you can sell your house and rent it back from us. This can give your spouse half of the equity left and you can rent back your property. This gives you the option of staying in the home after the divorce agreement of splitting property is accomplished. Tenancy agreements are set to 5 years maximum.