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ow Does a Lease Purchase Benefit You - The Seller?
1 Sell Without A Vacancy.
One of the most major expenses is getting the property into prime selling condition and keeping it that way until the sale closes.
Things such as mortgage payments, insurance, taxes, utilities, paint, carper, lawn care and all the risks of having an EMPTY house can cost thousands. However, with the lease purchase, these costs are ELIMINATED when a tenant buys using our Lease Purchase plan. The tenant pays rent UP UNTIL THE DAY of the closing so THERE IS NO VACANCY during this period. Come in and check out our Tampa Bay Area Lease Purchases homes
2 Leases Are Longer.
A regular, renting tenant, can leave after 12 months. A Lease Purchase Tenant usually needs between 1 to 3 years to clean up credit issues, save the down payment OR gain the employment qualifications needed to meet financing requirements by a lender. Even if they don't close, you still have a LONG-TERM tenant.Come in and check out our Tampa Bay Area Lease Purchase homes
3 Deposits Are Larger.
Usually a regular tenant puts down a deposit equal to one month's rent. However, a Lease Purchase tenant typically deposits two to four times that amount. This money is called NON-REFUNDABLE OPTION CONSIDERATION and is disbursed at time of move-in. When the tenant closes on the home sale, the deposit is credited toward the purchase price. Come in and check out our Tampa Bay Area Lease Purchase homes
4 You Get FULL PRICE For Your Home.
Tenants who utilized our Lease Purchase program are rarely experienced negotiators. They know, because of their financial or other situation, that their home buying options are limited. Because of this they usually pay full price OR MORE. Come in and check out our Tampa Bay Area Lease Purchase homes
5 Closing Costs Are Less.
Lease purchase tenants are not thinking about closing costs. They're more concerned with their own short-term issues and, in fact, frequently ignore closing cost altogether. You win at closing by usually three to five thousand dollars since YOU do not pay NORMAL seller closing costs.Come in and check out our Homes for Lease Purchase
6 The Property Enjoys Better Care By The Tenant.
Since the tenant's goal is to purchase and OWN the house, they usually take much better care of the property. However, we still inspect the property at regular intervals to ensure your property is being take care of.Come in and check out our Homes for Lease Purchase
7 Maintenance Expenses are Reduced.
In the Lease Purchase arrangement, the TENANT - NOT YOU - takes full responsibility for any maintenance issues. This saves you plenty of money and the headaches that come with rental property maintenance.Come in and check out our Homes for Lease Purchase
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