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You want to sell your home and rent it back, what is the best way to do this?

If you are interested in doing a sell house and rent back deal, the best way to do it would be to contact the rent back company for a free quote as they specialise in this type of deal. They can discuss details and prices with you, without any obligation.

If you sell your house and rent it back, will you be forced to leave at some point?

Generally, no. The rent back company are committed to long-term rent back and tenancies. Their aim is to rent the property for as long as possible.

What does the selling part of the agreement entail?

When you go for a sell and rent back property agreement, the first part of the agreement involves the selling of your home. A consultant from the rent back company will come to your property and inspect everything. Based on the inspection, the consultant will then make an offer. The rent back company will then put the offer in writing. Usually the offers are without any obligation. If you accept the offer or if you eventually negotiate to an acceptable offer, contracts will be signed and you will be paid on completion of the sale for transferring the ownership of the property over to the rent back company.

What happens after that?

If you are engaged actively in a sell and rent back property agreement with the rent back company, then the house rent back stage of the agreement starts. Everything stays the same for you get to live in the same house in the same conditions with all of the same furniture around. However, what is different is that instead of paying a mortgage payment each month, you will be paying rent to the company.

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