For Sellers:
Why Choose a Lease Option?
There are plenty of great reasons to sell your property on a Lease Option!
- No Realtor fees! (6% of sales cost)
- You will not waste any more time paying mortgage payments while waiting to sell your home.
- You do not have to stage or repair your home, you can sell as it is today.
- If you haven’t been in your home long enough to have any equity, you don’t have to pay to get out of your own home!
- The market for buyers who would love to lease before purchasing is huge!
- You receive monthly rental/lease income to cover the cost of the mortgage before the tenant (Buyer) purchases the home from you.
- Because there is someone inhabiting the home you do not have to worry about the pitfalls of having a vacant home (squatters, vandalism, damage to the property from lack of maintenance, etc).
- Compared to renters, the Buyer’s are tenants who wish to buy the home so they treat it like their own.
- And finally, save closing costs by passing them off to your buyer. On a $500,000 home this can be over $15,000 all by itself!