Sell Your Home on “Rent to Buy” Terms
My name is Jeffrey D. Smith. I’m in bit of a crunch and I need your help. I have some buyers who need a house. Actually, I have a triple digit number of buyers who need a house.
Here’s the situation: I am a real estate investor. I advertise to find people who want to lease option my houses. My marketing worked amazingly well. I found many more buyers than I had houses to sell. I wanted to find a way to help these folks to find a home and for me to earn some money on all the work I did to find them and qualify them. I set up this quick web page and started contacting sellers like you in the area.
My buyers want to live in the area, but right now, they don’t qualify for a mortgage loan. That means they would buy your property from you on a “Rent to Own” program. This is also called “Lease with Option to Buy”.
My buyers can afford the monthly payment and will qualify within 1 or 2 years. Every one of them has talked to a mortgage broker before I put them on the list. I wanted to know exactly how long it would take for them to qualify for a mortgage loan and pay off the house.
These buyers will also pay full market value for your house, and they will pay full market rent during the lease period, sometimes they will pay a little bit more than that.
Also, the buyers tend to take better care of the property than an ordinary tenant takes care, because the buyers see it as their property. You will have a written agreement with them that makes them responsible for repairs to the house. So, if the furnace goes out, they have to fix it or if the toilet stops up, they don’t call you in the middle of the night. This saves you from most of the usual landlord headaches. If you want a fully “hands off” deal, then you can retain the services of a property manager and add that cost to the monthly lease payment. I know several good property managers who want to do that work for you.
What if the worst happens and they default? They lose their option and you can evict them. The best part of this deal is that the percentage of evictions on this type of sale is way below the eviction rates of ordinary tenants. It’s much safer than renting to an ordinary tenant.
By the way, none of this costs you a dime. The buyer pays me an option fee for finding the right property with the right financing terms.
As far as price goes, I don’t care how much you want for it. Please remember, if it is priced much over market value, then I won’t be able to find a buyer. My buyers are very motivated, and they want a fair deal.
There is no reason that I shouldn’t be able to find a “Rent to Own” buyer who can pay you the full market value or maybe a little more, because of the way I am selling it. My buyers are very motivated.
If you are interested, then please let me know. We can talk in person and I’ll answer any of your questions. As soon as you give me your written approval to proceed, I’ll send out an email about your house to my buyers list. I have sold houses as quickly as one day with this buyers list, so don’t be surprised if things happen very fast after you give me your approval to get started.
Let me know what you think. Fill out the form by clicking here.
Whatever you decide, I wish you the very best of all good things.