Rent To Own Exposed by Charles W. Moore

I just received this email from Charles W. Moore about the benefits of lease options.

Lease option tips benefit the seller and the buyer
in an equal manner. They help in creating a
finance required for the transaction of a home
deal. The lease option permits the tenant to buy
the concerned property within a time period of 12
to 24 months.

Lease options are a good source for purchasing
homes for the first timers of home buying who have
not qualified for the finance options. They give
the buyer's time for getting their finances in
shape for purchasing the property. The lease
options are also great marketing tools for the
sellers of properties for finding good buyers.

The sellers can place advertisements in the
newspapers, or contact the offices of Corporate
Relocation specialist for helping them find the
buyers of lease options. The mortgage bankers can
also help in this process. The internet can also
be useful for finding the buyers.

Benefits of the Lease Options:

There are various benefits for the buyers as well
as the sellers of the lease options. The lease
option tips for the buyers are listed below.

1.The tenants get the facility of paying a small
amount upfront for the house. This amount is
smaller than the normal down payments.
2.The possibility of a monthly credit rent helps
in generating the down payment, resulting in a
savings account for the buyers.
3.The buyers can enjoy the benefits of living in
the house that they dreamt of now instead of
renting an apartment and waiting to repair their
credit.

But, this convenience is not available without
costs. An option fee needs to be paid by the
buyers, in addition to any potential rent credits
and the monthly rent. The seller can keep this
money if the buyer is not able to work out the
option.

The lease option tips for the sellers are as
follows,

1.This option increases the monthly flow of cash
for the sellers.
2.This also helps in solidifying the cost of the
property before the selling date. This rate of
solidifying is good in the real estate market.
3.The lease option prompts the tenants in taking
care of the property, as they have the intention
of buying it in the future.
4.The sellers receive money upfront and can retain
it if the tenant fails to exercise the option.

Conclusion:

The contracts of the lease options are sometimes
very complex in nature. The tips of lease options
suggest that the language of the contract has to
focus on the contract terms, rather than the
price. The finding of buyers for the lease option,
demands a considerable amount of time investment
on part of the sellers.

But the lease option tips are an encouragement for
the sellers to investigate the markets thoroughly
for predicting the appreciation of the property's
value in the future. Hence, it is recommended that
the sellers invest time in forecasting the price
of selling along with the search for prospective
buyers of the lease option. Laws of the state have
also to be investigated for ensuring abidance with
the regulations for the mechanism of the lease
options.

Take care,

Charles W. Moore
http://www.Rent2OwnExposed.com

Disclosure of Material Connection: Some of the links in the post above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and/or believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”