http://www.palmbeachrenttoownhomes.com
Bad or NO Credit? We Have Rent-to-Own Homes in Palm Beach Available For You!
Rent To Own Homes Lake Worth, FL
561-771-4347 GIVE US A CALL NOW
________________________________________________________________________________________________________
Palm Beach Rent To Own Homes is the local leader in rent to own homes in Palm Beach County Florida. We specialize in helping Palm Beach residents earn the satisfaction of realizing their homeownership dreams through our Palm Beach Rent To Own Home Program.
Click here to visit our site Contact Details:
Palm Beach Rent To Own Homes
8461 Lake Worth Road Suite 1-240 Lake Worth, Florida 33467 Phone: 561-771-4347 Website: http://www.palmbeachrenttoownhomes.com Google Site: https://sites.google.com/site/homesforrenttoownfl/ Google Folder: https://goo.gl/HZ9AuU Twitter: https://twitter.com/christinatmarch https://plus.google.com/116287881073580424586 https://www.facebook.com/Palmbeach-Rent-To-Own-Homes-1359313940858481/ https://www.youtube.com/channel/UC7XUQ5F7IQLMZ8dkL3VioWg https://twitter.com/rent2ownhomesfl
Why Sell With Rent to Own? Sellers can also benefit from rent to own arrangements. More buyers: If you’re having trouble attracting buyers, you can also market to renters who hope to buy in the future. Not everybody has good credit and can qualify for a loan, but everybody needs a place to live. Earn income: If you don’t need to sell right away and use the money for another down payment, you can earn rental income while moving towards selling a property.
http://www.palmbeachrenttoownhomes.com
Higher price: You can ask for a higher sales price when you offer rent to own. You’re providing an opportunity that people may be willing to pay for. Renters also have an “option” to buy the house — which they might never use — and flexibility always costs extra. Invested renter: A potential buyer is more likely to take care of a property (and get along with neighbors) than a renter with no skin in the game. The buyer is already invested in the property and has an interest in maintaining it. How It Works Everything is negotiable: A rent to own transaction, also known as a lease option, starts with the contract. Both the buyer and seller agree to certain terms, and all of the terms can be changed to fit everybody’s needs. Depending on what's important to you (whether you're a buyer or seller), you can request certain features before signing an agreement. For example, you might request a larger or smaller up-front payment if that would be helpful for you . Advice is essential: Be sure to review any contract with a real estate attorney because these transactions can be complicated, and there is a lot of money involved. Rent to own deals are especially risky for buyers. Several scams take advantage of people with poor credit and high hopes of buying a home. Even with an honest seller, it’s possible to forfeit a lot of money if things don’t go as planned. An option to buy: At the beginning of any rent to own transaction, the buyer pays the seller an option premium, which is often around five percent of the ultimate purchase price (although it can certainly be higher or lower). This payment gives the buyer the right or “option” — but not the obligation — to buy the home at some point in the future. No refunds: The initial premium payment is non-refundable, but it can be applied to the purchase price (if the buyer ever buys the home, she won't have to come up with as much cash). Larger option payments are risky for buyers: if the deal doesn't go through for whatever reason, there's no way to get that money back. The seller typically gets to keep any premium payments after a rent to own transaction ends. Purchase price: The buyer and seller set a purchase price for the home in their contract. At some point in the future (usually between one and five years, depending on negotiations), the buyer can purchase the home for that price — regardless of what the home is actually worth. When setting the price, a price that’s higher than the current price is not uncommon (otherwise, the seller is better off just selling today). If the home has gone up in value faster than expected, things work out in the buyer's favor. If the home loses value, the renter probably won't buy the home (partly because it might not make sense, and partly because the renter might not be able
http://www.palmbeachrenttoownhomes.com
to qualify for a large loan with a high loan-to-value ratio). Buyers usually apply for a mortgage when the time comes to purchase the home. Monthly payments: The buyer/renter also makes monthly payments to the seller. Those payments serve as rent payments (because the seller still owns the property), but the renter typically pays a little bit extra each month. The additional amount is usually credited to the final purchase price, so it reduces the amount of money the buyer has to come up with when buying the home. Again, the extra rent "premium" is nonrefundable — it compensates the seller for waiting around to see what the buyer will do (the seller can’t sell the property to anybody else until the agreement with the renter ends). Maintenance: Everybody involved benefits from a well-maintained home, but who should pay? Your agreement should specify who is responsible for routine maintenance and extensive repairs. Some agreements say that anything under $500 is the responsibility of the buyer, but local laws can complicate matters (landlords might be required to provide certain amenities, even if your agreement says otherwise).
Homes For Rent Near Me Lake Worth, FL Contact Details: Palm Beach Rent To Own Homes 8461 Lake Worth Road Suite 1-240 Lake Worth, Florida 33467
http://www.palmbeachrenttoownhomes.com
Phone: 561-771-4347 Website: http://www.palmbeachrenttoownhomes.com Google Site: https://sites.google.com/site/homesforrenttoownfl/ Google Folder: https://goo.gl/HZ9AuU Twitter: https://twitter.com/christinatmarch https://plus.google.com/116287881073580424586 https://www.facebook.com/Palmbeach-Rent-To-Own-Homes-1359313940858481/ https://www.youtube.com/channel/UC7XUQ5F7IQLMZ8dkL3VioWg https://twitter.com/rent2ownhomesfl Related Contents: rent to own homes lake worth, fl homes for rent lake worth, fl homes for rent near me lake worth, fl rent to own homes near me lake worth, fl houses rent to own near me lake worth, fl how to rent to own a home lake worth, fl rent to own homes by owner lake worth, fl rent to own homes no credit check lake worth, fl rent to own homes by owner near me lake worth, fl rent to own homes for sale lake worth, fl rent to own homes usa lake worth, fl houses for rent lake worth, fl rent to own homes in lake worth, fl rent to own homes with bad credit lake worth, fl apartments for rent lake worth, fl houses for sale lake worth, fl homes for sale lake worth, fl rent to own lake worth, fl apartments for rent near me lake worth, fl houses for rent near me lake worth, fl Recommended Links: https://goo.gl/mRyfMa https://goo.gl/xPZZnC https://goo.gl/RyW549 https://goo.gl/hUqxni https://goo.gl/r1CUAK https://goo.gl/yfg1WV https://goo.gl/sqmGDE https://goo.gl/XAvo2g
http://www.palmbeachrenttoownhomes.com
https://goo.gl/rbEYsM https://goo.gl/SRBFPU https://goo.gl/rMHkRB https://goo.gl/dc5YP9 https://goo.gl/HdwqRV https://goo.gl/ZRW6fD https://goo.gl/VPJAP5