Netsurity

Rent out property

When the buyer is unable to pay his mortgage debt and is also unwilling to sell the property in the fear of losing it, he can always chose this option sell and rent back my house and come out of ill effects of repossession.

The buyer can rent out the property and pay his/her installments on monthly basis without any problem provided there is clause in the agreement that stops him in doing so. If there is a clause as such then the buyer can consult the lender to seek his permission to rent the house so that he can pay off monthly installments and rent back. There are some dedicated companies, which help you to get best solutions to pay installments with out any interruption.