#lease purchase homes
Sellers – Get Full Market Value With A Lease Option!
Here are some reasons why you might consider a lease-to-sell strategy.
* Is your home not selling?
* Are you carrying a mortgage you can’t afford or do you have two mortgage payments?
* Do you have little or no equity? You bought at the top of the market?
* Is the home vacant?
* You don’t need all of your cash out now.
* Does the home need repairs?
* Job transfer?
* Inherited property?
* Considering renting your home, but afraid about damages, unproven tenants, chasing rent down, etc.
Here are some of the benefits to you.
Top sales price, even if demand is low: You attract more buyers who are willing to pay a premium because of the exclusive financing terms and value you’re offering.
Higher than usual rent. Since you are flexible on your financing terms and are offering a tremendous value, you can demand a higher than usual rent.
Positive cash flow. Since you can demand a higher than usual rent, your positive cash flow will increase.
Save thousands in fees. Since you are selling your home on terms you will avoid paying a 6-10% realtor commission which quickly adds up to thousands of dollars. You will also save on advertising costs because your home will be sold a lot faster.
Highest quality tenants, minimum risk. Because you are renting to tenants who have a vested interest in your home, they think like homeowners and tend to take great care of it.
No maintenance, no land lording headaches. Tenants who have a vested interest and believe they are a homeowner may feel a pride of ownership that encourages them to pay on time, perform routine maintenance and make improvements to your home.
Tax shelter is held intact. Because you remain on the deed until the option is exercised, you maintain all of the tax benefits of ownership.
Peace of mind. It is safer than conventional rentals because of the quality of the tenants and their vested interest in your home. It also means that someone is living on-site who will watch and guard your home against fire, theft, vandalism, etc.
We take care of ALL contracts: Rest assured we handle the proper paperwork for all parties with a local Real Estate Attorney who specializes in Seller Protected Lease Purchase contracts.