Sell-Rent-Back

Sell Rent Back and the Few Questions Cleared about it The purchase of property is something that is done after much thought and inspection. When you sell your house – you get people looking at it for buying purpose and then after the choice is done you can... More

Sell Rent Back and the Few Questions Cleared about it The purchase of property is something that is done after much thought and inspection. When you sell your house – you get people looking at it for buying purpose and then after the choice is done you can offer the option for staying back at your property as a tenant. This is called the Sell Rent Back option for the owner and then the owner can stay back in a part of the house or can offer to rent the full property. This will help the owner to remain in the same premises and still not be the owner. This money that is accumulated by the selling can be used to give off a loan or for using as retirement benefits. The rent back option is a new idea and that helps the people who are the owner to remain in the same place but the new owner must be informed about this facility for they may have other plans. The new owner can agree to this term but then they will also pay a part of the amount for buying and can give conditions to pay a p Less