Selling With Rent To Buy Mortgage

Selling your Home with a Rent to Buy Mortgage is a great option in a slow market as it can help you move when you think you are stuck and can even make you some extra cash. One of the main benefits of selling with a rent to buy mortgage option is that you can sell your home for better price, and your buyers can gain equity in the property over time. Rent to buy is for individuals that want to live in a home and gain equity slowly over time before making a purchase commitment.

Many areas around the country have been unpleasantly surprised by the number of "Rent to Own" signs popping up in their area's. For this reason, we generally suggest that you don't litter your local streets with these signs. Use classifieds or letter box advertisements instead.

Let's say you sell your home for $122,700.00 and its current market value is $100,000. You can offer easy no bank qualifying Rent To Buy Mortgage finance to your buyers, and make the first 12 months have 100% rent credit. At the end of 12 months your buyers would earn $5800 toward the Rent to Buy Price of $122,700.00, which would allow them to purchase the home in 12 Months for the balance of $116900.00.

If you were to advertise in your surrounding areas, you could make a flyer to read something like: Wanting to purchase a home under vendor finance or rent to buy scheme? Can afford to pay $350 p/w. Then call 1800WEBUYHOMES...

One of the main benefits of rent to buy is that your buyer gains equity in the property and you get to sell your home for a little bit extra then you normally would in a slow market.