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Here’s how a sell to rent back deal works. Phone a house rent back company and have the company do a valuation of your home based on its market value. Within days you will have a cash for property offer of up to 85 per cent of the market value. At the same time, the company will look into rental figures for your area and will give you a rental figure for the 6 to 12 month period of your initial tenancy agreement. Accept the offer and the house sale could complete within weeks. There is no quicker way to realize the cash investment in your home without leaving your home.

Once you have the cash in hand, all you have to do is to pay off your creditors and pocket the rest. Also, you can stop paying buildings insurance and doing maintenance tasks as those become the landlord’s responsibility. So sell and rent back property just might help you to get out of debt free.

This entry was posted on Tuesday, April 15th, 2008 at 2:08 pm and is filed under Business, Finance, General. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.