Tips for the seller on how to Negotiate a leaseback
Worried about finding a home if yours sells too fast?
One option would be to negotiate a lease back with the buyer of your home. In some instances, they may not need to move in immediately, which may benefit both parties. Essentially renting your home back on a short-term basis allows you more time to find the right home.
What would be negotiated in a lease back?
Length of the rental period
Amount of rent paid per month, including late charges
Terms of the security deposit (amount and how it's held)
Who pays utility bills?
Seller's maintenance responsibilities and subletting rights
Buyer's right to enter the property
Ready to move and wondering if this might work for you? Let's have a chat! Click the link to book an appointment and let's get started!
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