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The rent-back offer, Buyer's Corner

By: Trmnotary Home Loans Views: 1009 | Comments: 1 | Votes: 0

Trmnotary

What exactly is a "Rent-Back" offer, and when should they be used? In most real estate transactions, the buyer takes possession of the property at or shortly after closing. A rent-back is an offer made by the prospective buyer to allow the seller to remain in possession of the home for a longer period of time. More