Wednesday, October 10, 2007

Sell And Rent Back : Ideal For The Debt-Ridden

The best part of availing to the rent back scheme was that not only could I sell my house quickly to get quick cash but could also stay back in the house for as long as I liked


It was one of the most difficult times I had last year. The interest amount on my loans were accumulating and so were my debts. Headaches piled on with every debt. My credit reports showed defaults and arrears. Before things would turn for something even worse, I knew I had to act fast.

Sell and rent back was one scheme that would work out just fine. This was rather a custom-designed scheme for all those facing a debt-ridden situation or any such financial crisis.

The major benefit I derived from the rent back scheme was that I could quickly get access to the cash I needed so desperately with a quick house sale and contrary to the problems faced after selling the house, I could instead stay back in the house. No problems of house shifting. Everything fit in place. Cash in my hands, and my feet inside my house.

How A Special Firm Helped Me With A Quick Sale

Situation was getting out of hand. My debt report was turning bad to worse. Increasing debts spelled bad for my career and even my legal security. I decided that a quick sale was the only best way to deal with a situation as grave as this.

At the same time, it was essential for me to find a special firm who could provide the service that could stand me in good stead. After all, I could not afford to dilly-dally with a house sale. I was short on resources too and needed advice at every step how to deal with the difficult financial situation I was in. Not only did the real estate firm buy my house from me at a good price, but also furnished me on my next steps as how to clear my debts. They also helped me out with rent back, so I was saved the trouble of shifting house.

Thanks to the special service firm, the quick sale was achieved, and I had the cash in my hands by the next day.