Rent Back for Repossession Baltimore MD
Rent Back for Repossession
'Rent back' gives option to reposession, movingAuthor: Vikram kuamr
Facing the reposession of a home? Heartsick at having to move? There's an option available that can answer both questions: Rent back.
When you're facing a home reposession, selling a home fast can be the answer to the financial dilemma confronting you. But what about the emotional trauma of having to leave the family home? You worry about leaving familiar friends and neighbors, finding a new place, learning your way around. It's even more traumatic if you're dealing with a life situation, such as bereavement or divorce, on top of everything else.
That's where the real estate professionals at Quick-House-Sales.com come in. They understand the strain reposession puts on a person. That's why the "rent back" option was developed to aid both sellers and buyers.
Here's how it works:
Using the "rent back" option means you sell your home to a buyer who agrees to rent the home back to you. In addition, the buyer also agrees to allow you eventually to buy the house back. Plus both seller and buyer gains two advantages by working with Quick-House-Sales.com: no extra costs to the sale, and free evaluation of the property's value. This applies to commercial properties, flats, detached and semi-detached houses, terrace houses and more.
Let's look at how this arrangement works to the benefit of both seller and buyer.
First – and most important to the seller – the "rent back" option provides an immediate home sale that relieves the seller's financial situation. The mortgage on a home becomes the buyer's responsibility. In many cases the original lender is paid off, so that the buyer owns the home free and clear. By renting the property back to the original owner, the buyer gets rental income from the home. Plus, the buyer now has an additional asset credited to his or her personal wealth.
In the longer term, the buyer now has an eager, motivated future buyer willing to purchase the property back when their financial situation improves.
Meanwhile, the seller gains as well. In addition to the financial relief from the home sale, "rent back" allows the seller to remain in his or her cherished home. There's no need to try to make a new home in an unfamiliar neighborhood. The seller keeps the emotional support of family and nearby friends while working the financial need. Finally, the seller knows that the buyer has agreed to allow him or her to buy back the property in the future when finances are better.
The rent back option through Quick-House-Sale.com has saved many homeowners from the trauma of a reposession. The company has a ready pool of cash investors willing to make home sales fast as investments. At the same time, Quick-House-Sales.com works to come up with attractive prices that benefit both the seller and the buyer in the transaction.
Quick-House-Sales.com also understands that the seller may be facing a deadline for home reposession. The company's staff knows that reposession is both emotionally and financially traumatic, since a repossessed home often is sold at much below market value. That's why the real estate professionals at Quick-House-Sales.com make every effort to sell houses fast at terms that preserve the home's true value.
Buying or selling, a rent back house sale goes more smoothly when the professionals at Quick-House-Sales.com handle the negotiation. The buyer gets a fine investment property, while the seller gets out from under their financial woes without having to disrupt their lives.About the Author:
Quick-House-Sales : You know you can count on them whether you want to stop reposession or if you want to Rent back .
Article Source: http://www.articlesbase.com/real-estate-articles/rent-back-gives-option-to-reposession-moving-1011342.html