Should I Rent Back my Home if I move to a 55+ Community in Main Line PA? Let’s talk Rent Back.
Does it make you nervous that you’re thinking of selling your home and downsizing – but you might not find the perfect home in time to move into? So you might not have a home to move into right away and basically might be homeless for a bit? I specialize in 55 plus communities, active living & retirement communities. You might be wanting to downsize or move to a retirement community but are afraid the transition might not be as smooth as you would like? There are many creative ways to make sure that you can move out of your existing home and directly into your newly purchased home. First of all, we work with this type of transaction all of the time. Many times we can make sure the transition is smooth based on Choosing settlement dates that transition perfectly so you don’t skip a beat. However, there are other alternatives and creative ways to make this work- such as renting back your home until your new home is available. What this means is you can sell your home and close but you rent it back until the date of the next closing of your newly purchased home. We can discuss this further and other ways to make this work. I’m here to Answer any questions and provide any information you might need. I’m here to help You or a loved one during this transition in life! Let’s start a new chapter together -It’s going to be a great one!
