Was there a problem? Have you landed in a mess? We expected money which did not materialize. If there is no money, who will pay the bills. This situation of not having enough money is a common predicament of our modern lifestyle. I would go on to say that it is the negative fallout of all the conveniences that contemporary lifestyle affords us.

And worst of all, you will lose the house that you live in, as you have not been able to make the mortgage payments for some time now. What do you do?

If, somehow, you could win the lottery, all problems would be solved. But what do you do if that is an impossibility? What do you do if you are on the verge of being thrown out on the streets? What if you have a family and children and just cannot bear the thought of not living in your house?

I cannot, for a moment, pretend that it will be easy. But there might be a solution. It may not work for everyone, but renting back could be an option. So, what is this "renting back" that I talk about?

It works like this: You sell your home. Then taking the same home on rent from that company. What this does is: It makes the lenders happy as they get paid.

The company gets tenant from day one. What could be better? And it makes you happy as you have a roof over your head. Better yet, you have the same roof over your head that you wanted.

If things work out, you can get your house back again someday. Since the house will be owned by a property management company and not by an individual who lives in it, a decent offer would quite likely swing the deal. In fact, you can try and incorporate an option to buy-back in your initial agreement itself.

There is the physical value of the house compounded by the mortgage installments that you have already made. No one seems to be giving you any credit for that. It has turned into a situation where everyone just wants to point out that you have not paid recent bills.

But as I said earlier, there is equity in your house. The question is how do you release that equity. Simple, sell it and rent it back. In the usual case, you will not have to move out of the house even for a day in the rent back arrangement.

In fact, you can look forward to getting a significant sum of money for selling the house. This amount will primarily depend on how much of the house you had already paid for. If this amount is significant enough, you can hope to stay clear of worries about making rent. In addition to that, there is also the likelihood that there will be some spare cash left for you to use elsewhere. And that is certainly good news now, is it not? I think the answer is "Yes."