Approaching retirement? Consider selling, then renting.

The article discusses an alternative option for mature homeowners who want to access the equity in their home without having to move out. This option is called leaseback, where the homeowner sells their property to a buyer who allows them to stay on as a renter. The article highlights the benefits of this arrangement for both the homeowner and the buyer, and also discusses the difference between a leaseback and a reverse mortgage. The article advises working with an experienced agent and legal professional due to the complexity of this type of transaction. The author, Adam Linden, is a Seniors' Real Estate Specialist (SRES) who helps mature adults and their families rightsize their homes, finances, and lifestyles.