Sale And Stay Benefits
Maybe you have, maybe you haven't heard about the popular sell and stay deal, but if you need money and you're planning to sell your house, apartment or other property, this is the best option there is right now. There are many sale and stay benefits and in this article, we'll talk about some of them.
The best part of the deal, of course, is the large amount of money you can earn by selling your place. Real estate is always pricey and even a small flat can make you a lot of money. A big house in a nice urban area will make you a fortune. Selling means you'll earn a lot of money that you can use for many reasons. Closing debts, investing in businesses or simply love for travel and going around the world with a boat is no longer just a dream.
An important part of the whole deal that you must be aware of is that even though there are more sale and stay benefits, there are some obligations too. When you sell your house, you get to stay in it, but you have to pay the rent to the new owner. You'll also need to move out if the new owner asks you to do it, but only after the fixed period of time that you'll both agree on.
This is actually one of the benefits that's very important. You sell your place, but you get to live the same way you used to before. No need for moving companies, no spending money and no stress about the moving. There's no need to search for another place to stay and no need for changes in your life.
Another important benefit is that when you sell your property, you have no more obligations except taking care of the interior. Occasional problems like pipe leaking and similar is now a job for the new owner. Paying taxes and taking care of everything around the house too, so you can live without worries about this.
Sometimes, the sale and stay deal has a part in which the previous owner of the property has the chance to buy back the place once it is placed back on the market. If the new owner decides to sell it, they'll contact the previous owner if they would like to buy it back. This gives you a chance to get back on your feet if you were forced to sell and buy the place back. It is also a good option if you change your mind sometime in the future.
One of the most important sale and stay benefits is not getting into business with banks. When people need money, the first thing they do is turn to the bank, but bank loans are simply a theft. If you ask for a loan of $100.000 at the end you'll return sometimes almost double of the sum you asked for. That's why this deal is much better than any other option out there.