Elderly individuals who need additional income but do not want to move from their homes or do not qualify for a reverse mortgage might consider a sale-leaseback arrangement. In a sale- leaseback, an elderly individual or couple can sell their home to an interested party, who would then lease the home to the couple. A seller-financed version of this transaction would enable elderly homeowners to achieve two favorable results: 1) an immediate inflow of cash and 2) the possibility to remain in their homes.
Finding a buyer interested in such an arrangement may be difficult. That’s why investors like us are here to help.
We at Samaritan Partners are interested in reviewing your situation and putting together a proposal that can help you!!