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Thinking of
selling your second home, rental
property or vacation condo?
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Consider a Lease Option! |
- Get more than asking price for your
home!
- No Realtor commissions!
- Defer capital gains tax.
- Earn monthly revenue.
- No more maintenance worries.
- Satisfaction of helping a community
member own a home.
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No one is asking you to give away your
home!
A typical arrangement sets the cost of the home at or above current
market value (depending on market). The option covers a term
of two to three years, most have additional option payments due on each
lease anniversary.
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Selling vs. Lease
Option - Typical Scenario Comparison |
| Sell
Your Home |
Lease
Option Your Home |
| Listing Price |
$150,000 |
| Selling Price |
$142,500 |
| Commission |
-$8,550 |
| Advertising |
-$2,500 |
| Improvements |
-$2,000 |
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Out of your pocket when you
sell your home! |
(-$20,550) |
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| Option Price |
$160,000 |
| Down Payment |
$3,000 |
| Commission |
$0 |
| Advertising |
$0 |
| Rent |
$1,000/mo. |
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Net proceeds in your pocket
with a 2 yr. lease option! |
$187,000 |
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Look at it his way:
If you listed your house with a realtor and sold
it for 5% below asking price your selling costs would include the
percentage off the top, advertising costs, lack of ongoing rent while listed and
commissions.
Add them up and a house listed at $400,000 would only
net you (roughly) $350,000!
With a lease option
agreement:
You secure the selling price at $400,000 (or more) with
no commissions or advertising costs. You get an upfront option
payment and receive monthly lease payments.
Remember, the lease
payments are not just coming from renters, but from potential owners of
the house. There can be a lot said for the pride of ownership,
especially if you have made a non-refundable, down/option payment! You
don't have to worry about maintenance and repair
costs either, the buyer assumes
these responsibilities.
Yes, a portion of the lease payments are reducing the principle,
but either way it's money in your pocket. And, don't forget about taxes;
No capital gains worries until the home is sold.
| Here is how we work... |
- Register your house or condo for a free ad in our
Lease
Option Listing.
- Your ad will display a picture and description
of your property.
- Serious parties will be able to
contact you by email.
- You decide to pursue
or not.
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This
service is totally free!
We are funded by advertisers and home buyer memberships. |
Also, by listing
your home, you are automatically registered as a
member.
You get free access to our Members
Only Area which includes everything you will
need to execute a lease option agreement. (sample
contracts & forms, case studies and a guide to
lease options)
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Register
Your Home Now! It's FREE!
Register
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