Tips to Sell Your Home and Rent it Back to a Specialist Company
There could be many reasons why you would want to sell you home and rent it back.
Perhaps you are considering emigrating, are going through a divorce, just want to enjoy your retirement and use the equity in your home, or maybe you are facing imminent repossession of your property.
There are specialist companies who can help you; they will buy your home, give you a fast cash payment in as little as 7 to 10 days, and then give you the option if you choose of renting the property back.
If going through a divorce this can be the quickest way to make a sale and split the proceeds which can help you get through what would already be a very stressful and upsetting time.
There would be no having to contact estate agents and therefore no fees, also no need for a valuation of the property as this would be done through the company you chose to go with.
You also wouldn't have to payout for expensive solicitor's fees or have strangers coming to view your home at inappropriate times.
You also wouldn't be let down by chains that are broken which could affect the sale and which could mean it might fall through.
If you were of retirement age and wanted to enjoy life to the fullest but also didn't want to move home, then a sell and rent back scheme could be just the deal for you.
You would be offered around 85% of the value of your home in comparison to a valuation by the estate agent, however bear in mind that many homes do not go for the price the estate agent suggests.
In fact it is normal for them to knock something off the appraisal value, which is set high to begin with, in order to sell your home.
You could then come to an agreement with the firm to pay monthly rent which is affordable and remain in your home.
You therefore have the luxury of having a large sum of money to do whatever you wish, while at the same time not having the hassle of moving.
For those who are faced with increasing debt problems and who cannot find the monthly mortgage, then sell and rent back is a very viable option.
The rent you would be asked to pay in order to be able to continue living in the property would be more affordable than paying a mortgage with increasing rates of interest.
You would not have the worry each month, or fear that repossession was just around the corner or the shame of having to say goodbye to neighbours.
The whole process of selling and renting back is undertaken by a specialist company, even if proceedings have started and you have been taken to court, going down this avenue can still put a stop to your home being repossessed.
Even if you just want to free the equity in your home fast a sell and rent back company would work.
Say for example you have been looking to move and have found your "dream" home but you need cash to hand to buy it quickly or put down a large deposit.
In this situation a sell and rent back company is by the far the quickest way to sell.
Perhaps you are considering emigrating, are going through a divorce, just want to enjoy your retirement and use the equity in your home, or maybe you are facing imminent repossession of your property.
There are specialist companies who can help you; they will buy your home, give you a fast cash payment in as little as 7 to 10 days, and then give you the option if you choose of renting the property back.
If going through a divorce this can be the quickest way to make a sale and split the proceeds which can help you get through what would already be a very stressful and upsetting time.
There would be no having to contact estate agents and therefore no fees, also no need for a valuation of the property as this would be done through the company you chose to go with.
You also wouldn't have to payout for expensive solicitor's fees or have strangers coming to view your home at inappropriate times.
You also wouldn't be let down by chains that are broken which could affect the sale and which could mean it might fall through.
If you were of retirement age and wanted to enjoy life to the fullest but also didn't want to move home, then a sell and rent back scheme could be just the deal for you.
You would be offered around 85% of the value of your home in comparison to a valuation by the estate agent, however bear in mind that many homes do not go for the price the estate agent suggests.
In fact it is normal for them to knock something off the appraisal value, which is set high to begin with, in order to sell your home.
You could then come to an agreement with the firm to pay monthly rent which is affordable and remain in your home.
You therefore have the luxury of having a large sum of money to do whatever you wish, while at the same time not having the hassle of moving.
For those who are faced with increasing debt problems and who cannot find the monthly mortgage, then sell and rent back is a very viable option.
The rent you would be asked to pay in order to be able to continue living in the property would be more affordable than paying a mortgage with increasing rates of interest.
You would not have the worry each month, or fear that repossession was just around the corner or the shame of having to say goodbye to neighbours.
The whole process of selling and renting back is undertaken by a specialist company, even if proceedings have started and you have been taken to court, going down this avenue can still put a stop to your home being repossessed.
Even if you just want to free the equity in your home fast a sell and rent back company would work.
Say for example you have been looking to move and have found your "dream" home but you need cash to hand to buy it quickly or put down a large deposit.
In this situation a sell and rent back company is by the far the quickest way to sell.
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