Video - Sacramento Real Estate Explained: What is a Rent Back???

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Real Estate Agent with Better Homes & Gardens Real Estate Cal-BRE # 01734464



Hi, I'm Doug Reynolds.
I'm a Realtor in the Greater Sacramento Area and have been a full time agent since 2006.

In This Video, i talk about what a "Rent Back" is in a residential real estate sale/escrow.  It's a term that is used frequently in the real estate industry.  When a homeowner is seller their house, typically they need to close escrow before they move out and onto their next home/location.  Well, once escrow closes, they no longer own the house anymore so that is facilitated with a "Rent Back."
If a buyer is competing with multiple offers, it can sometimes be a great way of sweetening your offer and making yours stronger for the seller compared to the other offers.


This video should provide great info if you are getting close to buying or selling and want to educate yourself.

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.
 

clear skies,

Doug Reynolds

Realtor

916-494-8441


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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Doug

Good information in your video. These are not common in our area given the market, but that said I have done 3 this year with buyers and sellers, in two cases where sellers had to sell and lcose in order to buy something else. It definitely could make an offer more appealing depending on the situation.

Jeff

Nov 18, 2016 08:19 AM #1
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Doug Reynolds

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