Archive for September, 2009

Last listed for sale at $9500000 before being withdrawn, Kirk Hammett’s recently remodeled mansion atop Pacific Heights (2505 Divisadero) is now being offered for rent at $14000 a month. … Why is Kirk trying to sell this or rent it for soooo long

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The Financial Services Authority (FSA) has announced new sale and rent back measures to reinforce their interim regulations launched on 1st July. The measures, designed to protect consumers in this previously unregulated market come …

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They believe there is no ethical way to offer a rent back option, so never look to develop a sell and rent back service. Many of them believe that their service offers many of the benefits claimed by sale and rent back without the risk …

Now compare the sell to rent back option. Instead of taking still more money from the bank and ending up with some type of compound interest situation, owing more and more on the never-never, you agree on a quick sale price.

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The sell house rent back idea has a proven track record and has helped many people in the past to get out of financial difficulty caused by the loss of an income and the option to get a sale and rent back the house without having to …

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A spokeswoman said: “The FSA is clearly taking regulating sale and rent back seriously, but it is vital that they put energy into enforcing both the existing interim regime and the new full regulatory regime.” Homeowners commonly sell …

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Sep
29

Sell and Rent Back Arrangements

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โ€œ Sale and rent back businesses must be truthful and transparent about the services they offer and the security that prospective tenants will enjoy,โ€ said a spokesperson for consumer protection from the Office of Fair Trading.

Categories : rent back, repossession
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Another problem plaguing the sale and rent back sector is unscrupulous firms making below-market value offers to homeowners who are desperate to sell . The FSA wants to make independent valuations a compulsory part of the sale and rent …

Sell and rent back is a rather new trend which is becoming popular as it can help those people who immediately want to put their homes up for sale .

Sell Your Home And Rent It Back โ€“ All You Need To Know When Selling Your Property And Renting It Back . ..

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