Top Three Reasons to Sell with a Lease Option!
In today’s real estate market, it can be challenging to sell your home quickly for full fair market value. Selling with a Lease Option can be a great alternative!
There are many reasons that you might need to sell your home quickly. Perhaps your family is growing and the idea of five people living in a three bedroom home isnt appealing. Or maybe you have family that youd like to live closer too. Whatever your motivation, the only option for you seems to be moving quickly!
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.
Luckily, there is another option! Selling your home quickly and for full value is easy with a Lease to Buy 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.
With a Lease Option, you will not have to take a loss due to needing to sell quickly.
A Lease Option buyer understands that that cash today isnt the same as cash in a few years. For this reason, they have no expectation of getting your home for less than fair market value.
This truly creates a win-win situation. You get fair market value for your home and the buyer gets their dream home.
Payments Now! There are few things more frustrating that making a payment on a home that is sitting 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!
Better Tenant than a Rental! When faced with the inability to sell, many homeowners decide to rent their home. This is certainly better than letting your home sit vacant, but it may not be the best choice in the long run.
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.
When you sell with a Lease Option, the tenant buyer has a different mindset. They want to own a home so badly that they are willing to go through the struggle of repairing their credit to get it. Because it so important to them, they will care for your home like it is there home, because one day it will be.
In summary, when you need to move quickly, selling your home with a Lease Option can be an excellent choice. Why not give it a try?
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