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RSS FeedDo "sell and rent back" deals help or hurt homeowners facing foreclosure?
Results so far:
| Hurt | 49% | 84 votes | Total: 172 votes | |
| Help | 51% | 88 votes |
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1 of 8
by GCM
Sale and lease back deals typically hurt homeowners facing foreclosure. They also are not an effective means to accomplish the goal of the sale and lease back, which is to rema...read more
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2 of 8
The important factor in all human negotiation and dealing is the motivation behind it. From where I am sitting,as a lay person who had my home re-posessed in the early 1990's, ...read more
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3 of 8
by Ken Reetz
Selling your home and then renting it back is the last option a person should consider; there are better ways to get out of mortgage trouble and keep your home. Of course, your...read more
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4 of 8
by Ted Sherman
If realtors and money-lenders are involved, it is certain that "sell and rent back" deals are going to hurt the homeowner. Until a few years ago, many realtors where honest peop...read more
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5 of 8
by Rob Purifoy
If someone sells their home only to turn and rent it back they can save moving costs but in doing such they may spend the same or more in closing costs. If it's a cash buyer you...read more
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6 of 8
Although there are some exceptions, a "sell and rent back" deal will hurt the homeowner. Usually the homeowner is thinking with their emotions, not with their head, when they w...read more
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7 of 8
by Wendy Hepton
This is such a bad idea, what many of these companies neglect to tell you is just how long they will allow you to stay in the home you've sold to them and rented back, hence lul...read more
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8 of 8
Sell and rent back deals may occasionally help a homeowner but they are designed to help the investor that is purchasing the property. More often than not these so called deals...read more
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1 of 5
by E.L. Miller
Sale-leaseback scenarios can sometimes be the only option to avoid bankruptcy or foreclosure for homeowners in financial distress. These deals allow the homeowner to get out fr...read more
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2 of 5
A sell and rent back can definitely help a homeowner, who is potentially upside down in his or her mortgage. For instance if the value of the home is decreasing and the mortgag...read more
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3 of 5
by Phil Hill
If you are about to lose your home because you can't keep up the mortgage repayments, you are desperate. It always seems that at such a time there are vultures ready to swoop on...read more
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4 of 5
by C.A. Watters
Living in the Land of Opportunity (America) is not always a rosy picture. Three to five years ago, we were all being wooed by banks and lenders to take advantage of low interes...read more
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5 of 5
My parents and three sisters Original moved in to the above Council Semi detached BISS House Mar/Apr 1954, Rent 1.00 a week. I moved in December 1954. In 1982, my Parents/sist...read more
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