For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make rent-to-own an option worth considering.
There is a large buyer pool waiting for these opportunities, seeking to attain the lifestyle that homeownership affords before they’re ready for a mortgage. Read on as we explore five benefits of selling your house via rent to own in Pasco County Florida
Equity
One benefit of selling your house via rent-to-own in Pasco County Florida is in the equity that will build over the time of the contract so that when your property closes, you will make more significant gains on the sale. By selling directly to a local professional home buyer like those at Pasco Cash Buyers, we can help you understand the projected returns you can expect.
Speed
Another benefit of selling your house via rent-to-own in Pasco County Florida, there’ll be no delay in your receipt of the deposit funds, and your steady cash flow will begin immediately, offsetting any costs of holding the house. When you work with a local professional home buyer like those at Pasco Cash Buyers, you’ll be counting your cash in a matter of days; with the power of cash and our full-service team of highly regarded local pros moving at lightning speed to help sellers like you.
Rental Income
Much like squeezing the final precious drops of cash out of your house, with rental rates quickly rising, you could gain a significant boost in returns on the investment you have made in the house before finally exiting the property. Rental premiums, added to the monthly rent, are another benefit of selling your house via rent to own in Pasco County Florida. If the buyer exercises their buying option, the rental premium applies towards the downpayment. However, should the buyer fail to exercise the option, you’ll keep the option fee you charge for their down payment and the premium payments. Selling via rent-to-own to a professional home buyer like those at Pasco Cash Buyers means you won’t need to worry about your buyer backing out or finding another buyer for your property down the road.
Property Management
Another benefit of selling your house via rent-to-own in Pasco County Florida is that, unlike typical rental properties, there will be minimal for you to do in the role of landlord other than receive your income. Therefore, you can design the contract to negate the impact of routine repairs and maintenance. Most of these expenses will fall upon the tenant, who will treat the property as if it was their own. Often, there is a top-dollar limit on the repairs for which they’re responsible.
Unlock More Savings Today
Discover the added benefits of rent-to-own sales. By opting for this route, you can avoid the burden of monthly mortgage and utility payments typically required during a traditional listing period. This means more savings in your pocket. Partnering with a reputable local buyer like Pasco Cash Buyers in Pasco County, Florida, offers even more advantages. Say goodbye to hefty commissions, closing costs, and hidden fees eating into your profits.
Pasco Cash Buyers stands ready to purchase your property at your desired price through a rent-to-own agreement. If you’re considering selling your house via rent-to-own in Pasco County, Florida, our experienced team is here to address all your inquiries without any pressure to commit. We take pride in assisting our fellow Pasco County residents in overcoming real estate challenges, and our commitment to your satisfaction extends well beyond the closing date. Contact Pasco Cash Buyers at 727-263-2886 to get started.