If you are considering selling and renting back your home, then you may want to consider speaking to RentMyHouseBack.com.
Online PR News – 25-August-2010 – – If you are considering selling and renting back your home, then you may want to consider speaking to RentMyHouseBack.com.
The professional and dedicated sell and rent back company have over 25 years of experience in the industry and will help you find a solution to sell and rent back your home. Whatever help you need the team at RentMyHouseBack.com are more than happy to help.
So how does it all work?
• Upon making your decision firstly call one of the RentMyHouseBack.com advisors who will explain the process in full and discuss your requirements as a homeowner. They will ask for an estimated value of your home and based upon this will be able to provide you with a guide about what you are most likely to receive for your property.
• Basic details are then taken from this point onwards which they use to carry out initial research to ascertain their view of the realistic market value of your property and the current market rent of your property.
• Once the research is complete they will advise you over the telephone of an offer that they will be willing to pay out for your property and what the rent is likely to be per month. The rent is most likely to be at a level equivalent to the market rent of similar properties within your area.
• An Initial Disclosure Document is then provided (confirming their status), a Pre Sale Disclosure Document (which will confirm the figures given to you verbally) as well as a Consumer Fact Sheet (explaining the facts about the sale and rent back schemes).
• If you are then willing to proceed with the Sell and Rent Back process then an appointment will be made which will either see your representative or a RICS (Royal Institute of Chartered Surveyors) Chartered Surveyor meet you at your property.
• The appointment will be to inspect the property to ensure that the sale and rent back agreement between you and your company is appropriate, affordable and within the FSA guidelines. The representative will discuss any questions you have and finalise the research to ensure that it all works to your benefit.
• A copy of the Survey Report will then be sent over to you with a draft copy of the Exchange Contract, a draft copy of the Tenancy Agreement as well as FSA Consumer Fact Sheet.
• From here there is a 14-day cooling point period where the sell and rent back company are unable to contact you. This gives you time to consider your sale and rent back options to make sure you are entirely happy with the offer.
• After this time you will receive a Stage 2 Offer Document as well as an Exchange Contract and Tenancy Agreement for you to sign and return. Once these have been received you can move forward within a timescale that suits your needs and requirements.
This may seem like a long and drawn out process but a sale and rent back home scheme isn’t taken lightly and need to be considered by both the customer and the sale and rent back company. The entire process is usually complete within about 3-4 weeks.
For more information visit http://rentmyhouseback.com