Prospective home buy...Image by Getty Images via Day life When you have exhausted your option to use the workout plans that are offered and you still want to fight for your home you have to think out side the box. We are going to look at Selling and leasing or rent to own the house back from an investor buyer. By getting and investor to purchase your home you can arrange to get the home paid off completely and renting for a short time until you have gotten your hardship work out so you can keep from having to rebuild your credit and disturb your family life style in the process. There are consultant that understand and will work to help you find the best way to save your home; If you have the desire to keep your home do not delay. Time is of the essence when you are dealing with your home and the bank is calling you wanting to know when you are going to make the payments. the sooner you get started the faster you can have peace of mine.

Want to save your home? Having trouble making payment. The Notice Of Default does not mean you need to panic. Do not rush into making a decision you still have options it your house. Be realistic do you have the resources to enter into and agreement to keep the home for yourself.

A sale lease back is simply a transaction in which you sell real estate, in this case your house. That should be done with the same formality as any sale of real estate. This would include a sale contract, Power of attorney to represent you on the working out the pay off of this debt. You leaseback the house, this would include a lease agreement, in your case a residential lease. The "back" part of the sale leaseback is just that you as the seller are also the person leasing the property back to yourself to use.

In any sale leaseback the fact that the seller is leasing the property means that you're on two sides of the transaction which will means you continue live in the house. You take a year or 2 and finance the home paying off your buyer.

In residential sale leaseback the contract of sale should be the type of document that would be used if the seller were selling their house with a real estate agency use a standard form for your state . The lease document should be the type of residential real estate lease would use to rent property to tenant. There are commonly standard forms used by lawyers in most parts of the country (every state has its own forms) that might be a good starting point. However, as with any standard form, be sure to review them carefully with a local real estate lawyer to tailor them to your situation.

You can stop the repossession and carry on living in your home as before. There are investors in all area that conduct these type of buys from distress sellers.

We understand how difficult it can be for a homeowner when they are faced with foreclosure proceedings, in pre-foreclosure or need to sell their home to obtain immediate access to cash for any reason. In times like these, the options available to homeowners are very limited, some are unrealistic and many can be un-affordable. Most homeowners do not know their options. Many mortgage companies do not offer realistic options to assist homeowners that have suffered a hardship, and thus many homeowners lose hope.

Now there is help available. There are other options. That option is we believe that clients deserve a chance to resolve any cash difficulties they may have, to avoid the negative effects of a foreclosure on their credit report and a fresh start. A sale- Lease-back provide a fast and effective method for you to accomplish this goal!

Time is of the essence in these situations, so do not waste another minute. Understand your options. A journey of a thousand miles begins with a single step. The journey to financial freedom begins with deciding to explore the sale-lease-back-option to stop the foreclosure procedure.