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Posted on 7th Apr 2010 by admin under
MAKE SURE YOUR AGREEMENT HAS A REPOSSESSION CLAUSE Losing a home is one thing but losing it to unscrupulous sell and rent back companies is another. By paying them rent, you will have paid to live in your current home for the duration that you wish to live. The purpose of these agreements is to give the homeowner the chance to live in their own home even after selling it. To prevent being duped, ensure that you have looked into the agreement carefully and ensure that it has a repossession clause. The clause will allow you to still buy your home after you have rented it for sometime. |
