Selling your home can be stressful at the best of times, but when circumstances are less than ideal, the process can feel downright daunting. Maybe you find yourself trying to sell a home similar to many others on the market, or perhaps the dreary winter weather is making it difficult to showcase your property in the best possible light. And let’s not forget about the added pressure of trying to sell during the holidays, when prospective buyers may be more focused on festivities than house-hunting. While it’s true that home sales can slow down during these times, it’s important to remember that with the right strategies and marketing, you can still attract serious buyers and get top dollar for your home.
If this is the case, you might be best served by taking your home off the market for a few months – if you can afford to keep paying the mortgage – and wait until market conditions improve.
Brandy was overwhelmed with an inherited property that required repairs and updates and was not quite sure how to approach the sale for the house without additional stress. We helped her make an informed decision of her sale and we purchased the home cash without requiring any repairs in her timeline. We worked with her family probate attorney to make sure all documentation was aligned.
A lease to own option is when you rent your house to somebody with the option to purchase your home at or before the lease expires. This is a good option if you can’t find qualified buyers because you can collect rent plus a lease option fee from a tenant while giving them time to save up for a down payment and establish their credit so they can get a mortgage to buy your home down the line.
You also can add a lease premium to their monthly rent that can either be applied to the down payment later or – if they don’t end up exercising their option to buy your home – you can keep it as income.