Here’s Why
In today’s challenging real estate market there is a large population of Sellers who are unable to sell their home. We commonly meet folks that, through no fault of their own, have been unable to sell their home. Who can sell when values have plummeted and every other house on the market is a short sale or a foreclosure listed for pennies on the dollar? Who can sell when you have to bring money to close? I think it’s fair to say that we have all been living through a time we would rather forget. If you are one of these good people who have suffered through this rough real estate market and you are:
- SICK of trying to sell but AFRAID of renting your home!
- SICK of watching your EQUITY DISAPPEAR!
- SICK of WORRYING about your mortgage payment!
- SICK and TIRED of endless showings with NO OFFERS!
- SICK of wondering when you can just MOVE ON!
If this is you, then you are likely a good seller candidate for looking into what a Rent 2 Own sale has to offer you. A Rent 2 Own sale could SET YOU FREE!!!
Here’s Who
Our Team Members have all had the pleasure of working to help folks from many walks of life get out from under the burden of the home they could not sell. We work with GOOD PEOPLE who are being faced with the CHALLENGING CIRCUMSTANCES of today’s real estate market. They NEED to sell, but they can’t or don’t want to: 1. Bring money to the table, 2. Lose all their equity, or 3. Make any more mortgage payments. They JUST WANT OUT! OUT of this JAIL they call homeownership. Here are some general guidelines for people we may be able to work with:
- YOU must be ready to MOVE ON with your life.
- YOU must not need all your cash out immediately.
- YOU must be willing to accept CASH FLOW (aka debt relief). In other words, covering your monthly expenses on the home with some left over for you.
- YOUR property must not be upside down. In plain English, that means your home must realistically be worth 5-10% more than you owe the bank.
If this sounds like you, and you just want to be done with all of the run around, then selling on a Rent 2 Own to a good quality Rent 2 Own Buyer may be the answer for you. But how does this all work you say?
Here’s How
The process of putting together a successful Rent 2 Own sale parallels that of a traditional sale, with only a few exceptions. The process has several steps, just like when you sell a home the old school way.
- The first step would be an initial interview to determine if the Rent 2 Own sale strategy is a fit for you and your home.
- Step two would be to match you and your property with a qualified Rent 2 Own Buyer
- All RENT 2 OWN BUYERS must meet with a local mortgage broker to determine that they could QUALIFY for the purchase of your home at the end of the lease term (usually 12-36 months).
- The Rent 2 Own Buyer’s status is monitored during the lease period to give the highest level of assurance that the sale will CLOSE.
- Who are our Rent 2 Own Buyers you ask? They are folks just like you. They likely had some unforeseen challenge that caused them to have a short term credit hit. We often see things like a short sale, unexpected medical bills, divorce, death of a spouse, or maybe a job loss.
- Step three is to CLOSE on the SALE of your home on or before the end of the lease, so you can take your money and run!
The vast majority of our Rent 2 Own Sellers will end up making MUCH MORE MONEY selling through a Rent 2 Own then with a traditional sale. Oh, and one last thing! If your home is listed with a Realtor, we will get them paid too!