Sell and Rent Back Your Home?

It can be a good option, as long as you are selling to landlords who are not going to just turf you out again after six months. The key to this idea is to make sure the rent is not only at an affordable level for you, but also something you will religiously pay on time.

It’s a great way to:

1. Get rid of your mortgage arrears
2. Get your hands on some cash
3. Not have to move out of your home.

At the end of the day, a mortgage is not that different to rent – it’s an amount you have to pay out to live somewhere.

February 8, 2010 at 9:50 am | Sell and Rent Back House |
Tags: Sell and Rent Back House | No Comments »

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