Rent Back
Drawbacks of dealing with a sale and rent back firm
The primary drawback when dealing with sale and rent back firms and the thing to always remember, is that most sale and rent back firms are out to make a relatively easy dollar. The specific prey of the sale and rent back industry are the cash-strapped, vulnerable, and under pressure commoners. They thrive off making the deal fast and underwhelming. Even after this, most people end up actually paying more than the original mortgage. Add to that the undervalued sale, season it with some of the bullying tactics that the buyers use, and you have a recipe to be disgruntled and disillusioned by their unethical business practices.
Leave a comment