Americans are tapping into their homes for quick cash with growing ‘leaseback’ trend – expert’s top tip to do it safely ...Middle East

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Americans are tapping into their homes for quick cash with growing ‘leaseback’ trend – expert’s top tip to do it safely
A GROWING number of Americans are tapping into their home equity in a bid to access cash fast without relying on conventional loans or mortgages. In a trend that is known as “sale-leaseback,” property owners are selling their homes and then immediately leasing them from the buyer and in some cases continuing to live in them. Seamus NallySeamus Nally says sale leaseback deals allow property owners to stay in their own homes[/caption] With household debt soaring to record levels during the pandemic, New York City-based company EasyKnock claims they can help Americans unlock trapped home equity without taking on debt. EasyKnock offers distressed borrowers the option to sel

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