Here is an interesting property move..
I have to admit that I had never heard of the idea of sell and rent back until I saw it on another financial blog today.
Basically, the idea is that you can sell your house, to gain some liquidity in your finances, and then stay living in the house, and rent it back.
I can see this being a huge win for many pensioners. Because, there are a lot of advantages to renting. No taxes. No maintenance costs. And if you have an indefinite or “until death” type of lease arrangement, you get the security that owning previously afforded.
A lot of benefits. Not many downsides. But you need to find a good broker to set it up.
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