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When You Can’t Sell Your Home.. you will be free to develop strategies and select the best option for your family. Notice, I didn’t say a “good option”. all of them are likely to come.

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Are you trying to sell your house in a buyer’s market? A lease option may be the perfect solution to ensure you get top dollar for your home. It may even generate some extra income off the sale. With a lease option, you rent your property to a potential buyer and give them an option to buy at the.

If you find one you want, you can be ready to make an offer as soon as your home sells. If nothing else, it gives you a head start and something to do while you’re vacating your home for showings. It might seem less stressful to sell your home, rent an apartment and give yourself some time to take a breath and look around.

Whether on the hunt as a homebuyer or selling. If your home can be shown with little or no notice, more prospective buyers.

If you own a rental home that you’ve decided to sell, finding a buyer could be as easy as offering your tenant the option to buy it. She may be happily settled where she is and could be ready to own her home. If that piece falls into place, it will save you time and money marketing you rental home. You’re not out of the woods yet, though.

If you are planning on renting out your personal home, you may learn that your mortgage lender can influence your ability to do so. FHA and VA loans restrict renting if ownership is under one year.

Set the option fee. The option fee is what the tenant pays for the privilege of having a guarantee that they can purchase your home at a fixed price for a set period of time. If the option fee is set at one to two times the monthly rent, you will find that you have added protection and the tenant has a greater incentive to keep the place up.

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