LinkShare_468x60v1

What Do You Need to Know About Rent Back Agreements?

Rent Back Agreements can be advantageous to both buyers and sellers providing they are utilized judiciously. Ever hear of rent back agreements? So what are they, and what are the advantages and disadvantages associated with this kind of real estate transaction? Rent Back Agreements Defined Wikpedia defines rent back agreements as “a form of property transaction involving the expeditious sale of an owner occupier’s residence to a landlord or property company and renting it back from the new owner.” They are also known as post-settlement occupancy agreements. This kind of transaction allows a home seller to buy himself extra time to stay in the home after closing. …