Sell Your Home Quickly With a Lease Option!
As the real estate market continues to tighten, homeowners are having difficulty selling their homes quickly and for fair market value. Rather than take a loss on their home, many are choosing to sell with a Lease Option or Rent to Own contract.
The need to sell a home quickly can arise for multiple reasons. Perhaps youve built another home, assuming that you would be able to sell your existing home by the time it is complete. Or maybe youve accepted your dream job in a new city. The bottom line ” you need so sell, and fast!
Unfortunately, selling your home quickly and for a good price isnt as easy as it once was. Many of todays qualified buyers are looking for steep discounts due to the abundance of distressed sales on the market.
The good news is that you do have an alternative! You can sell your home quickly and for full fair market value with a Lease Option or Rent to Own contract.
There are three reasons that it makes sense for sellers to sell with a lease option in today’s market.
Asking Price If you must move quickly, there is a good possibility that you will have to take a loss.
By selling with a lease option, you can get full market value for your home.
Because the buyer who wants your come isnt qualified for a mortgage today, they arent expecting to get a deep discount on your home. Buying a short sale at a deep discount just isnt an option for them! By being willing to allow them the time they need to get qualified for a mortgage, you can get full market value for your home.
This is a great deal because everyone wins! You avoid losing money on your home, and they get to buy their dream home
Money Now! One of the biggest fears of selling a home is the concern about getting stuck paying for two homes until the first is sold. There are few things worse than writing a check every month for a home that is vacant.
By selling with a lease option, you are able to offset your mortgage with the tenant buyers monthly payment. Most likely, you will be able to cover all of your expenses and then some! On top of this, your home will be well cared for because the tenant buyers think of it as their own!
It beats Renting! Many sellers end up doing a straight rental on a home when they can not sell it. While this is better than letting the home sit vacant, it is not the best alternative.
Career renters typically have very little interest in the responsibility to caring for a home and as such, will likely not take good care of yours.
People who Lease Option a home have a different agenda. They are willing to work to become a home owner. It is important to them. They want a home to care for and as such will care for your home like it is their own. Because that is how they will think if it!
In short, selling a home with a Lease Option is an excellent alternative to sell your home quickly and for full fair market value. Why not give it a shot?