What stopping you from selling your home for quick cash? Are you not comfortable with the idea of moving out of your home? Nobody wants to move out of their dream home! But think practically – if you are behind on your mortgage payments and your creditors are going to court, then you will lose your home down the line. Selling and renting back can be a good option you need.
If you are going to sell off your house due to any other reason, then also the rent back plan remains valid for you. You do not need to move out of the house – just sell it to a cash buyer and take it on rent from them instantly.
Benefits of the Sell and Rent Back Plan:
People who are going to sell their properties because they do not have any other way out can understand the benefits of the rent back house option offered by the cash buyers.
1] The first benefit is you get a lump sum amount in hand by selling off the property. No need to hire a property agent and pay them a commission. No need to renovate the house to attract prospective buyers. You just sell off your home in a hassle free way.
2] You do not need to move out. As you go with the sell and rent back house option, you can stay in the same house as a tenant for as long as you want or as long the agreement allows. No need to look for a new house, no need to relocate to a new locality, and make considerable changes to your lifestyle.
3] No need to hire a packer and mover. You can save a lot of money, time, and effort this way.
4] No need to pay commission to the property agents to help you sell your house or to help you find a rented apartment.
5] Most importantly, many cash buyers offer the ‘buy-back’ option. If you keep staying in the same house as a tenant, you are in constant touch with the owner. Whenever you get money in hand and you are in a position to buy it back, you can talk to the owner and get back the ownership of the property.
If you work with a property agent, you cannot get such benefits. Property agents just help you find a buyer and once you sell the house you simply lose ownership. Rather, find a cash buyer that offers rent back home options.