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Sell and Rent Back home from companies
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Emmzi wrote:To explain why they may be 'bad'...
- experience of folks on other boasrds suggests offer is 50 - 80 per cent of market value - a hell of a loss
The norm is around 75-85% of market value. Otherwise known as 15-25% BMV (Below Market Value).
Also take into account that they usually pay legal fees, and there is no estate agents fees.
When moving home, there are other associated costs such as moving costs, rent deposit (which is tied up for as long as you rent) etc etc
Finally, how important is it that you get to stay in your own home, and your partner is out and paid off?
I'm not saying do it. I'm saying consider all the facts and circumstances first.Emmzi wrote:It's a case of reading every bit of the small print with great suspicion.
I couldn't agree more.Lightbulb moment: June 2006:shocked:
Debts June 2006: £18,100
Egg Card [strike]£13,400 [/strike] £12,350; Loan [strike]£3,500[/strike] £2,300; Other [strike]£3,700[/strike] £3,100; Overdraft [strike]£1,500[/strike] £585
Debts Setp 2006: £15,3000
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