Sale and Rent Back - Sell Your Property And Rent It Back At Fair Market Price
October 26th, 2007Rent Back My Property offers interesting rent-back and buy-back schemes, wherein you can sale and rent back your property. The buy-back schemes allow the homeowner to retain the right of buying back the property, as and when his or her financial situation improves. Both these schemes prove very useful to raise money for mortgage arrears and repossession orders, without making the homeowner physically move out of his property. In that case, you will enjoy the option of choosing from short-term or long-term rentals (with or without the buy-back option), based on your requirements and preferences. However, the rental rates of your property are fairly based at the market rates. A buy-back option, if there is any, would be at a reasonable and pre-determined rate. Moreover, you are not under any sort of obligation to proceed with the deal, if your agent or dealer makes you an offer.
