Who are the sale-and-rent-back firms?

Sell and rent back firms are normally companies or private small firms that have grown their businesses, buying and selling property or buying and renting property or both.

If the company, not their website, we are talking about company and the people within it, have been in the market for 10 years plus and been very careful about what and when they brought property/investments, have the experience in property management and the property business, then this is the type of company we advise you work with. If the company does not have all the above, then you can be taking a risk.

It’s quite simple! Companies in this sector are companies that simply use large sums of available cash to buy and invest in property. They buy property, offering below market value, hoping that the current owner will rent the property back from on a long term basis and simply pay the rent.

Before you to use the sell-and-rent-back solution, it would be wise to explore all other options first. But if you think that this right solution for you and think you may want to proceed, it is important that you take the time in asking the right questions. Especially questions about your rights as a tenant and how long you can live in the property.

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