By Glenn Morrow
Sell house to rent back schemes have kicked up some controversy. Some believe the sell to rent back schemes exploit families who feel they are in a financial rut. But sell and rent back schemes continue to be attractive options to the threat of home repossession. Now this schemes are not only appealing to those whose backs are up against the financial wall, sell to rent back schemes offer get out of jail cards to families who are desperate to sell their real properties, but are unable to find a property cash buyer.
Sell Your House And Rent It Back, Move On
As study shows, many homeowners are forced into renting as they are unable to sell their homes. Apparently the lucky ones who are not relying on the equity tied up in their property, or who are not desperate for a fast house sale do not have to turn to sell and rent back property schemes; instead they are turning into ‘accidental landlords.’ The phenomenon of accidental landlords is the result of homeowners who have to move to relocate but can’t find a property cash buyer during the crunch, and so wind up letting their homes.
Sell And Rent Back House To Pay Debt
However, the reason why more and more homeowners have to sell their house is because of monetary difficulties. And the crunch has made homeownership increasingly expensive with very little return on the high investment. Sell and rent back property schemes may seem attractive to families or homeowners whose utility bills, food costs and everyday living expense is becoming unmanageable as their wages haven’t increased with the debilitating cost of living.
Sell, Rent Back – Can’t find a Cash Buyer
Sell property and rent back schemes can offer solutions in two-ways, sell and rent back mean they have an instant home cash buyer who would purchase their property at up to 80 percent of the market value of their property. This is actually preferable for those who need financial results now, and not in next year or whenever the housing market is expected to lift. Sell and rent back property schemes also allow families to stay in the comfort of their own homes as tenants, buying them the right time and space they need to decide what to do next.
Sell Your Home And Rent It Back – Breathing Space
As the credit crunch continues to impact heavily on home owners, sell and rent back house schemes could be the breathing space necessary for some families who need immediate financial solutions, but haven’t decided on their mid-term or long-term plan of action. Many homeowners are considering sell house and rent back property schemes as temporary steps before investigating moving overseas or emigrating for example, the money released from the house sell and rent back scheme can help fund a move and buy you great time to sort out visas, jobs and other logistics involved in moving overseas.
Glenn Morrow is a freelance writer. He widely writes for business and finance. He prides himself in finding the best sell to rent back scheme online. He agrees that the best sell house and rent back options are found at rentbackmyproperty.co.uk
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Topics: Real Estate | Comments Off
MLA Style Citation:
Morrow, Glenn "Sell House And Rent Back Rise As Housing Market Goes From Bad To Worse." Sell House And Rent Back Rise As Housing Market Goes From Bad To Worse. 22 Jun. 2010. uberarticles.com. 21 Jan 2015 <http://uberarticles.com/real-estate/sell-house-and-rent-back-rise-as-housing-market-goes-from-bad-to-worse/>.
APA Style Citation:
Morrow, G (2010, June 22). Sell House And Rent Back Rise As Housing Market Goes From Bad To Worse. Retrieved January 21, 2015, from http://uberarticles.com/real-estate/sell-house-and-rent-back-rise-as-housing-market-goes-from-bad-to-worse/
Chicago Style Citation:
Morrow, Glenn "Sell House And Rent Back Rise As Housing Market Goes From Bad To Worse" uberarticles.com. http://uberarticles.com/real-estate/sell-house-and-rent-back-rise-as-housing-market-goes-from-bad-to-worse/
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