Samaritan Partners, Your Solution to Your Foreclosure Problem
Released on: March 18, 2008, 11:20 pm
Press Release Author: Joan Castillo
Industry: Financial
Press Release Summary: Samaritan Partners offers solution to those distressed homeowners who are facing foreclosure.
Press Release Body: California Mar. 19,2008 -- Samaritan partners are a company which offers solution for those distressed homeowners that are suffering financial difficulties and facing foreclosure.One of those solution is the Lease Buy Back offer of Samaritan Partners.
Lease buy back is also known as a lease back or sale lease back option. Lease back is where a homeowner who is facing foreclosure sells his or her house to an investor like the Samaritan Partners then rent that house from the investor.
In a lease back option agreement both the seller and the investor could benefit. One benefit for the seller is that he or she would get that much needed money to pay off his or her lender to avoid foreclosure and bad credit score. Another benefit for the seller is that he or she will still be able to live in his or her own house. For the investor or buyer, the benefit that he or she will get is a monthly income from the seller who is renting the property that the investor bought. With this kind of option available to distressed homeowners, the foreclosure problem will surely be solved.
2012
