Sell Property And Rent Back: Home Equity Release Scheme Alternative
Posted on Friday, July 25, 2008 in Business
There are many home equity release schemes on the market, usually aimed at the elderly. Typically you sell all or part of your property in return for a cash lump sum and the right to remain in your home. The trouble with many of these home equity release schemes is that they can be extremely complicated and often there are hidden costs that are difficult to evaluate. Sell property and rent back is exactly that – it is a far simpler offer and still allows you to release equity from your real property.
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