Viager: A Smart Real Estate Solution for Seniors
Understanding Viager: The French Real Estate Arrangement for Lifetime Occupancy Viager is a French real estate arrangement that involves selling a property while allowing the seller (often a senior citizen) to continue living in it until their death. Here are the key features of viager: Structure : The buyer pays a lump sum upfront (the "bouquet") and then makes regular monthly payments (the "rente") to the seller for the duration of their life. Benefits for Sellers : It provides financial security, allowing sellers to access cash while retaining the right to live in their home. Benefits for Buyers : Buyers can acquire property at a potentially lower price than the market value, with the investment often yielding returns over time, especially if the seller lives for a shorter period than expected. Risks : Buyers face the uncertainty of the seller's lifespan, which can affect the overall investment. Sellers, on the other hand, might receive less than the propert
