Rent to Own
Program
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Sellers Information
Lease Option Benefits to the Seller
Whether you are a broker, an individual selling your own home, or an investor, there may be no better rental/sales strategy than the lease option.
Sometimes called “rent-to-own,” or “lease option to purchase,” this approach to helping people realize home ownership gives the owner of real property an opportunity for positive cash flow and selling their home for market value, or more.
There are several approaches to the lease option sales strategy. Fundamentally, however, they are similar in result. They fill a home vacancy and owners can realize a good return on their investment.
The result can
be better than a month-to-month tenant. That’s because you won’t have “tenants,”
you will have “buyers” who tend to pay on time, as well as take better care of
the property.
Tips for Sellers
We've put together a few of the great benefits to you the seller who is looking to utilize the power of lease purchasing:
NO LONG-TERM VACANCIES
When you market your home as a 'lease purchase' you hear a constant ringing of your phone with interested buyers. It's typical for any turnover to last days or weeks as opposed to months or years.
YOU'LL GET TOP SALES PRICE - EVEN IN A DEPRESSED MARKET
Because you're marketing your home as a lease purchase, you'll attract more and better qualified tenants / buyers who are willing to pay a PREMIUM because of the terms and value you are providing.
HIGHER RENT RATHER THAN USUAL RENT!
Since you're offering a more flexible way to purchase a home and more value, you can command a higher rent.
YOU'LL ATTRACT A HIGHER QUALITY TENANT
People that are lease-purchasing see themselves as the owners of your home. Because they have that vested interest they are much more likely to maintain and take care of your home.
NON-REFUNDABLE OPTION CONSIDERATION UP FRONT MINIMIZES YOUR RISK
When your tenant / buyer executes a lease purchase contract, you receive an option deposit that is YOURS TO KEEP if the tenant / buyer defaults or decides not to buy.
THERE ARE A LOT
MORE BUYERS
Because you are offering the lease purchase option, you'll be marketing your property to 3 distinct buyer groups including: Home buyers, renters and investors - all of which make up to 85% of those seeking to purchase real estate.
