Are you considering selling your home, but don’t want to leave it? Perhaps you are behind on payments and worry about more debt, but like the place you live. Selling your home and renting your home back might be the solution. Here is a look at how you can go about selling your home and renting it back.
Contact a Cash Buyer
If you’re looking to sell your home and rent it back, the first step is to contact a cash home buyer. A cash home buying company will make you an all-cash offer on your home, as is, and close on the date of your choice. The process starts with answering just a few questions for us to determine the fair market value of your home. You won’t have to put your home on multiple listing services or market your home at all, just contact a cash buyer like Simply Sold USA.
Discuss Your Conditions
After you have decided to sell your home and rent it back, the first step is to discuss your conditions with a cash buyer. You will need to agree on a closing date that works for both of you, and you will also need to decide if you want to rent the home back after selling. The cash buyer may also have their conditions, such as the ability to do renovations. However, if you can agree on all of the conditions, then you will be able to sell your home and rent it back without any problems. Just be sure you are clear about your needs and work with the seller to find something that works for everyone.
Work Out a Deal
Once you’ve found a willing buyer, the next step is to close on the sale in your time frame – potentially in 21 days or less. To ensure a smooth and speedy transaction, it’s important to work with a reputable cash buyer who has experience with all sorts of different clients. With their help, you can rest assured that your home will be sold in a timely manner and that you’ll be able to start enjoying your lump sum of cash quickly.
Selling your home for cash can be a great way to resolve financial woes. But if you want to rent the home back after selling, you have some additional things to stay on top of. Follow these three steps to work out a cash deal that is right for you.
Want to see what you can get for your home? Contact Simply Sold Homes and get your free cash offer today!