August 29, 2008

Rent Back Home Schemes, Move On

As research shows, more homeowners are forced into renting as they are unable to sell their real homes. The lucky ones who are not relying on releasing the equity in their homes, or who aren't desperate for a fast cash sale don't have to turn to rent back home schemes; instead they are turning into 'accidental landlords'. The phenomenon of accidental landlords is the result of families or homeowners who have to move or relocate but can't find a home buyer during the credit crunch, and so wind up letting their homes.

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