Job Relocation and need to Sell Your Home?

Usually a job transfer means that CONGRATULATIONS are in order.  However, it can also be very stressful for you if you have a great new job out of what now is your local area, but you have the burden of selling your home before you can move.  If you move before your house is sold, you could be stuck with double payments.

A flexible terms sale allows you to get on with your life and new opportunities.  The new Rent to Buy buyer will take over your mortgage repayments and maintenance of the property, at their cost, allowing you the freedom to move quickly if necessary. You do not need to leave an empty, unsold property as you venture on to your new career. The repayments and maintenance of the property will be covered until the end of the term when the house settles and your mortgage is paid off in full. 

Selling your family home on a flexible terms sale brings a renter/come buyer with the mindset of a home owner. It is in the best interests of the buyer to maintain the property well and do improvements that are non-structural (such as doing the gardens up, painting inside and out, polishing the floorboards, etc). This achieves capital growth and equity in the property, helping the property to have gone up in value by the end of the term.

When using Rent to Buy systems to sell your property you will not have to find cash every month to cover the shortfall if you were renting the property out. The price that you are hoping for/needing is achieved as well. Rent to Buy buyers are happy to pay the right price in return for receiving flexible terms.

By flexible terms we mean that the settlement takes longer than a traditional house sale. In traditional real estate, a standard house transaction takes between 4 to 6 weeks to settle. In a flexible terms sale, settlement takes between 2 to 7 years (sometimes longer). This enables renters (with great cash flow), who want to get into home ownership but can't at the moment due to circumstances preventing them from obtaining bank finance, an opportunity.

These Rent to Buy buyers may have some credit issues marked on their credit report, or either have no, or not enough deposit saved to obtain a bank loan. If the Rent to Buy buyers are first home buyers, the First Home Owners Grant can normally be used and put down as a deposit in a flexible terms sale.

For the seller who is moving out of the area for a new work opportunity, selling using flexible terms of sale provides an opportunity to have all costs fully covered on the old home, so the seller can move on with no stress or pressure. No equity is lost or wasted paying a real estate agents fees and commissions, as no real estate agent is used in the transaction. The price that the seller is wanting to achieve is obtained without the local real estate agent "conditioning" the property price down after it was inflated by the agent so he/she could win the listing.

Our DIY Rent to Buy manual documents in detail all the different Rent to Buy type deals and how to implement them. Putting your trust in your local real estate agent definitely does not always bring the best result for sellers! Keeping control of your own house sale will provide you with the best result if you are prepared to do the work!