Hi, my name is David and I live in Scottsdale, Arizona. My mother, Gloria, just used the Sale-Leaseback offer from The Home Buyer Team to make the most out of her retirement.
My mom just turned 66, but you would never know it from how she lives her life. She loves spending time with people, and hosting huge family holiday parties, and visits with her friends in the neighborhood everyday. They have formed a social club where they have nightly walks, play cards, visit the community swimming pool to exercise, and go out to dinners every weekend. These women have all lived there for 28 or more years and my mom said their companionship is what gets her moving each morning.
When talking to my mom about how she wanted to enjoy her retirement, she really wanted to travel, but could not afford the cost being on a fixed income. Even with her savings and social security there was not a lot of extra money after her credit card, health insurance payments, mortgage, and regular home maintenance costs. She was afraid she would have to downsize to an apartment. Doing that would mean she would have to give up her love of entertaining and leave all her friends behind just to cover her small amount of debt. This is the home she raised her kids in, and these friends are like family to her, so we had to figure out a solution where she could keep her home for a number of years. We talked about her getting a part time job, but I wanted my mother to be able to relax and enjoy her golden years without having to stand on her feet all day. Then a friend of hers told us to look into getting a Sale-Leaseback program offer. With it, my mother was able to take advantage of the housing market boom in her neighborhood, stay in her home, and still be able to see her friends everyday. She was over the moon!
Being able to sell her home and continue to live in it has given my mother, Mary, a financial freedom she never thought she could have at this time in her life. The Home Buyer Team helped her pay off her debts, and with everything left over she has been able to visit her grandchildren all across the county. Now she is even planning her dream trip to Paris with her friends! This is something we never thought possible, and more importantly she gets to continue living in her home and neighborhood that she loves. A sincere THANK YOU to John and the Home Buyer Team for helping my mother stay young, optimistic and enjoy her lifestyle!
Message from John Penny:
We are thrilled by David’s message. His mother was able to take advantage of The Home Buyer Team’s Residential Sale Leaseback offer. While we traditionally collaborate with investors to make competitive offers to homeowners. We were able to work with Gloria to purchase her home and lease it back to her for a multi-year term. She locked in her current market price as she continued to stay in place and make future plans.
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