|Real Estate Information|
How to Sell Your House by Lease Options
Many people buy a house then have to move within a few years, due to divorce, relocation or financial difficulties. Without any equity though, it can be nearly impossible to find buyers and you still have realtor fees to contend with. There is a simple, easy way to have your payments taken care of for you and find a buyer, so that you can move onto your new life quickly and easily.
Homeowners can sell their homes by lease option.
What are the benefits of selling my house on a lease option
When you lease option your house, you sell the right to purchase your home at a set price within a predetermined period of time. During that time, the purchaser of the lease option pays you a set monthly fee. They pay what amounts to their “rent” to you with the provision that they can purchase your house within a certain period of time and have part of the rent that they have paid you applied to their final purchase price.
Q What are the advantages of selling my home by lease option over listing it with a Realtor
By selling your home in this way, you avoid realtor fees and some other closing costs. You also have a tenant who intends to purchase your property. They will take better care of the home than a renter would and may even fix it up a bit for you. You also, naturally, have your payments taken care of and keep the tax benefits of owning your home, until the final sale.
Q How long does it take before your tenant/buyer cashes me out
A That depends on a number of different factors. Many people with less than perfect credit can rebuild their credit and receive a mortgage from a mortgage broker within 6 consecutive payments.
Q Why don’t I just sell the house myself
If you have little or no equity in your home, it will not be considered a good investment by most buyers.
Q What if my tenant/buyer doesn’t buy the house
A It is important to pre-screen buyers to make sure that they want to buy the house and are able to buy it at some point in the future. However, circumstances can change in someone’s life, such as an unexpected job transfer, that make it necessary to move. In situations like that, a new tenant buyer would have to be found.
High-income Earners Consider Renting Chic Again
Over the past two years, households that earned $50,000 or more annually and had the means to join the ranks of home owners or continue owning the roofs over their heads represented the fastest growing segment of the rental market, according to the National Multi-Housing Council.
Lease Purchasing Is The Perfect Home-Based Business
Some call it the 30 second commute. We call it wonderful. What are we all talking about Working from home, of course.
Scaling Down almost Painlessly
Moving to a smaller house or apartment in a retirement community almost always involves a certain degree of trauma, both for the elder whos moving and for family members. However, by planning ahead you can reduce the discomfort involved and turn what might well become a nightmare into a pleasant event.
Uncle Sam is Ready...Are You Organizing Tips for Tax Time
Anyone who is closely related to an accountant knows that there are not four, but five seasons in a year: Spring, Summer, Fall, Winter, and Tax Season. During the other seasons, we accumulate leaves, snow, and mosquito bites. During Tax Season we accumulate paper. And more paper. And if you have a small business or investments--even more paper.
What The Most Dangerous Job In The World Taught Me About Coping With Stress
I just got through reading some troubling news in the New York Times this morning.
Psychological Tricks in Selling
In this article, Im revealing six powerful secret psychological tricks that you can use to increase the effectiveness of your advertising and marketing. What if you dont sell anything Should you ignore this information
The Real Estate Bubble Fallacy
There has been a lot of talk lately about the "Real Estate Bubble", and a lot of folks are asking the question: "When it is going to burst"
Apartment Searches: Lose the Rose-Colored Glasses First
If youre getting ready to rent, dont do what this editor did once ... a long, long time ago.
Yahoo!/Overture Site Match: A License To Steal
Unless youve been living in a cave somewhere, Im sure youve heard by now, Overture now offers the Yahoo! Search Inclusion under its own branded name--Site Match.
If we want to fill our heads with the doom and gloom society seems tothrive on, all we need to do is turn on the local news at night. To make that quantum leap toward personal happiness and success in life,sometimes we just need to do what so many people seem to be talkingabout lately: clean house and take personal inventory of the people weassociate with most.
Juggling It All
As we have mentioned in other articles, having a trigger to start your day is very important. One of the major problems with people running businesses from their home is starting the work day. For many of us seasoned home based business owners its a trigger. A trigger can be making a cup of coffee and taking it to the office, getting the kids off to school, after your morning jog or workout; it can be any one of a number of things. A trigger is very dependent upon the individual.
Politicians Are Like Car Sales People...
Well, another election has come and gone in the US and no matter which way you voted there are some important marketing lessons to learn.
How To Improve Your Negotiating Skills
Negotiation will be an important area for every homebased business owner, especially in lease purchasing. Whether youre dealing with suppliers, employees, or prospective clients, youre negotiating. The following tips will help you to negotiate better.
1,001 Deals and Steals: A Guide To Online Classifieds
Some naysayers way back in the 1990s predicted that online shopping wouldn’t last. Sure, and they said television was a passing fad, too! As we all know, just the opposite has occurred. There’s a television in every household, and more than likely, the homeowner bought their television online—along with his books, music CDs, clothes, and maybe even his home.
How to Create a Professional Website In Less Than a Week
Heres a really simple way... any novice can create a fully functional website in less than a week.
Small Business Tax Tips - Product Review of Tax Reduction Toolkit
Product Review – IntroductionProduct Review – What I likedProduct Review – What I didn’t likeProduct Review – Best Features SummaryTable of Contents – Seven Sections – 29 Tax TipsFinal Comments and Pricing under $40Suggested Books & Reference URLsPreview the ‘Tax Reduction Toolkit’ at: http://www.yousaveontaxes.com/toolkit.htmlhop=msbjcoc
Tips on Getting Your Mortgage Loan Approved
What is important to lenders
How To Realistically Set Your Fees - Part 4
Effect Of Bad Debts
Why You Should Invest In Real Estate
Why real estate, or why property, some people ask when looking for an investment. Well, as far as I am concerned, real estate/property investment is, and always has been, the most powerful type of investment for building wealth. It has been said that over 90% of the worlds millionaires got there by owning property. The reason property is such a powerful way to build wealth is due to one key concept: leverage.
Real Estate Remains A Strong Investment
Opportunities to make big, quick profits in residential real estate tend to come and go in cycles.When a local market is hot, families may find it possible to buy a house at an attractive price, fix it up, and watch its value rise in just a few years.
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