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active 18 years ago
In some cases, most of the home owners need to sell out thier home after retiremet in order to fulfill their financial requirement for rest of the life. Selling home can be the most difficult thing for them as they have a lot of attachment and memories with their homes. But with the help of some excellent schemes, it becomes possible to live in your own home and even make a great source of income. Sale house and rent back is one such excellent and convenient scheme.
Sell and Stay is a kind of family business that provides an opportunity to retired home owners to get some amount of income even after selling out their home. Sell and Stay purchases houses of retirees at fair and recent market rates and allows them to live in the same residence and enter into an expensive reverse mortgage. This Sell and Stay scheme is more advantageous to retirees with their reverse mortgage solution in Australia.
As the retirement age requires security, flexibility and peace of mind after several years of hard work for money, this scheme of selling house privately supports the momentous time of retired property owners. The home seller can stay in their own home in some agreement period. This agreement period is negotiable, thus one can choose their flexible time to stay-in there.
Sell and Stay have some set criteria for people who want to get benefit of this scheme such as a retiree should be of at least 70 years old and be capable to sell out their home legally. If you also willing to sell out your home after your retirement then this sale house and rent back scheme is for you. You can even use their reverse mortgage calculator to calculate reverse mortgage and estimate that how it can affect your current financial condition for short term as well as for long term.
Sell and Stay also help you to avoid costly interest payments that are linked with reverse mortgages. The professionals of Sell and Stay are always ready to help you with the aim to sort out all your financial needs and personal circumstances with some reliable solutions.
For more information, please visit Sellandstay.com.au.