Advantages for Sellers Call me for a FREE consultation 707-696-9073 I answer my phone
1. Usually top sales
price for your property ( no haggling).
2. Large market of available buyers at all
times.
3. Better quality tenants because these are
really tenant/buyers. (They want to take
good care of your property simply because at some time in the future, it’s
going to become their property.)
4. Higher rent than usual for the market area.
5. Non-refundable option consideration (down
payment) which is yours to keep.
6. All minor maintenance is delegated to the
tenant/buyer. (Direct ownership leaves
you with all of the management/maintenance “headaches.” Lease purchasing with an option to buy eliminates
2:00 A.M. phone calls and late rent payments.)
7. Seller remains on the deed - it’s still your
property until the option is exercised.
8. Seller retains the tax shelter.
9. Seller continues to enjoy all of the tax
advantages. (Check with your tax advisor
on that.)
10. No lengthy
vacancies (unprotected properties). Puts
a new occupant (tenant/buyer) into the property in days or weeks, rather than
having to wait 45 - 60 - 90 days which is typical with conventional financing.
11. Lease purchasing
(rent-to-own) puts pre-qualified, reliable tenant/buyers in now-vacant
properties.
12. That means
someone is living on-site to watch your property (guard against vandalism, fire
danger, etc.) That’s like having a
security guard living in your house who pays you - rather than you having to
pay them!
13. Stops the money
hemorrhage of mortgage payments in the case of vacant properties or where a
“tenant” may not be paying (it happens).
14. As a result,
this produces a great cash flow!
15. Saves the seller
a lot of money (especially For-Sale-By-Owner) by not having to advertise the
property until it finally sells.
16. No fees to pay
(especially application fees, 6 to 10% Realtor commissions, closing costs,
etc.)
17. As with No. 6
above, you never have to worry about collecting rents, fixing leaky faucets,
changing evaporation cooler pads up on a hot roof, making sure the lawn is
mowed, et cetera.
18. Safer than
conventional rentals because of the quality of the tenant/buyers.
19. A competent
accountant or tax attorney can file
legitimate write-offs, deductions, exchanges and other mechanisms
provided by law.
What would you think if I could:
* Help move your
property in a short period of time without a real estate commission.
* Put immediate cash
in your pocket
* Put good people in
the home who will take care of it, as if it were their own.
* Stop your
financial hemorrhage (in the case of vacant property with mortgage payments).
* Start getting
positive cash flow, instead.
* Eliminate almost
all of your management “headaches.”
* Sell the property
for a decent price in the near future (usually within a year or less).
* Help to keep IRS
from dipping so heavily into your profit, ethically and legitimately.
As a seller, maybe you should think about all the advantages of Lease Purchasing!