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Rent Back Home Schemes, Move On

September 3rd, 2008

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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