HAve you found it difficult to sell your house in Philadelphia? Selling your house via rent to own contract will help you find more buyers and get your asking price! Find out if it’s right for you in our latest post! As a home seller in Philadelphia, you may have found that your property has been on the MLS for longer than you’d like. Selling a house in the Philadelphia area doesn’t always go as planned. Some houses will sit on the market for months, with not so much as a bite. It can be frustrating living this way. Not knowing when the house will close can be frustrating for people who need to sell a house in Philadelphia. Using a rent to own agreement to find potential buyers will open your property to a whole new market of buyers. You’ll be able to sell the house, get your asking price, and have the funds in your pocket to move onto something new. It can be a very beneficial agreement for both buyers and sellers in Philadelphia. Keep reading to learn more about what makes this method of home selling so great for homeowners in the Philadelphia area! New Potential BuyersThere are great people all over the country who want to buy a house, however, frustrating circumstances have kept them from living their dream. Maybe these people are… Quality Buyers Who Lack A Down Payment Quality Buyers Who Have A Blemish on Their Credit Benefits For SellersUsing a rent to own contract to sell your house in Philadelphia offers a number of benefits to home sellers. People will often look over a rent to own agreement because they don’t want to be landlords. However, the people interested in your property are much different than an average tenant. They have a personal interest in the property. They will want to keep the property maintained and will always pay their rent on time. Not doing so can put them in violation of their lease. They have much more to lose than an average tenant, and they realize this going into the deal. Some of the other great benefits of a rent to own agreement for Philadelphia home sellers include…
Low RiskIf your tenant/buyer should not keep up with their end of the deal, you have every right to foreclose. Sure, it may be a bit of a hassle, but in the long run, you will have likely profited as the downpayment and increased rent payments are yours to keep. You may be back at square one, but you may be further ahead financially. What To Watch Out For…If you need the cash from the sale right away, a rent to own contract may not be the best way for you to sell. Keep in mind, that using a rent to own contract may ultimately get you more money when all is said and done. A person with poor credit or little capital for a down payment will likely pay your asking price in order to get a shot at homeownership. There are many benefits of using a rent to own deal to sell your house in Philadelphia. CNBC states that “rent-to-own arrangement can yield positives: steady monthly income while moving toward the promise of a sale.” Let us help you find more buyers for your house in Philadelphia! Contact us today for more information! (215) 882-9828via WordPress https://ift.tt/2KyxgNi
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