Friday, 30 September 2022

Rent To Own Homes can Save You Time Stress and Money renttooownhomes renttoownhomesnearme


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Wednesday, 28 September 2022

Find a Beautiful Rent to Own Home In a Fantastic Area with Low downpayment lowdownpaymenthomesforrent renttoownhomesnearme


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Tuesday, 27 September 2022

Why Real Estate Investors Should Consider Lease Options In Atlanta

Perhaps you are an investor with renters in place that have requested an opportunity to enter into a lease option for the property. Or perhaps you’re an investor ready to exit a property but find it challenging to move; the buyer pool for lease option properties is steadily increasing as interest rates rise. Additionally, the jump in home prices has made it difficult for many buyers to attain the dream of homeownership.

Whatever the reason you’re researching the subject, there are many methods to sell an investment property, and lease options offer benefits for Atlanta real estate investors that are worth noting. So read on as we explore why real estate investors should consider lease options in Atlanta.

Tax Benefits

Who doesn’t like to realize savings on their investments? Your tax advisor can clue you in on the tax benefits for real estate investors who offer lease options in Atlanta.

Eliminate Holding Costs

While you won’t realize your entire profits on the sale instantaneously, your buyer will be paying the usual holding costs that roll in monthly during the term of the agreement. Often, buyers are responsible for the maintenance and repairs as if they were already the rightful owners. While the arrangement may delay your gratification, you hold the title, and if the buyers don’t exercise the option, history shows your equity in the property will continue to climb, so you’ve lost nothing, which is another reason why real estate investors should consider lease options in Atlanta

Keeping Upfront Down

When buyers enter the agreement, they’ll pay option money upfront for the right to buy the property. This option money will be yours to keep, even if they don’t buy the property at the end of the agreement, and this is another reason real estate investors should consider lease options in Atlanta. With a lease option, you could offer to place an agreed-upon amount of the rent in escrow to apply towards the downpayment. However, these funds return to the buyers if they fail to exercise the option to buy the property. Rent credit is an attractive incentive to buyers that need to build up funds for a downpayment.

Sales Price

With a lease option, you can either agree upon a much higher final sales price, which you’ve estimated based on predictive analysis or agree to decide on the final sales price at the end of the agreement. Sellers risk an unforeseen jump in market values and losing out on more significant profits by setting the price after the contract. Typically buyers prefer a preset price and are willing to pay a little more to enjoy the benefits of homeownership before actually owning the property. This increased profit is another reason why real estate investors should consider lease options in Atlanta

Talk to one of our local professional home buyers at Fresh Start Home Sales about the rewards of lease options in Atlanta real estate investors like you. At Fresh Start Home Sales, we believe in total transparency, so the professional home buyers at Fresh Start Home Sales will advise you about the current market value of your property, detailing how much you’d likely profit by listing or by providing a lease option opportunity. At Fresh Start Home Sales, we will also offer the numbers to you on the third option to sell your investment property, and you may be surprised to discover just how much time, energy, and money you can save by selling directly. Our goal at Fresh Start Home Sales is to help you, our neighbors here in Atlanta, meet the requirements that your current circumstances call for and realize the highest returns on your investment property. Call Fresh Start Home Sales at 678-337-1165.



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How Do Lease Options Work For Your Atlanta House?

Suppose you own a home and can wait out the term of a lease option to exit the property, typically from one to three years. Or perhaps you have a property you’ve had trouble selling. In that case, a lease option is an excellent sales method that can be pretty lucrative—combining the benefit of a flip by receiving a hefty option fee at the beginning of the contract with the benefit of long-term renters.  

Of course, tenant screening should always be top-notch with lease options. First, you’ll want to perform a rigorous review to bring in highly qualified tenants, staying within all local, state, and federal guidelines governing tenants. Then, with the right property and the buyers in place, you could cash in on this advantageous method of selling real estate. So read on as we discuss how lease options work for your Atlanta house. 

Sales Price

Lease options work for your Atlanta house because buyers are willing to pay extra to enjoy the benefits of homeownership while you allow them time to make sure they like the home, repair credit, or save towards a downpayment. In addition, because you must estimate the future market value of the property, you can set the sales price above the current market value. So while you risk prices soaring far above this number, you can mitigate taking a hit down the road by cushioning the sales price now; the buyers, on the other hand, risk home values falling and owing more for the property than the market value.

Option Fee

A large influx of cash is always a nice bonus, with the fee for the option typically ranging between two and five percent of the home’s sale price; this is another way lease options work for your Atlanta house. With the average sales price of homes reaching an all-time high of $400,000 in May of 2022, you could collect up to $20,000 for the exclusive right to buy the home by exercising the option. In addition, the option fee is typically nonrefundable. 

Rent Premium

Increased monthly cash flow is another way lease options work for your Atlanta house in the higher rental rates you can charge, with a portion of the rent payment to apply towards the down. The rental premium amount must be above the market average for many lenders to consider it for the downpayment, so be sure to check with mortgage lenders about the terms.

Eliminate Holding Costs

Essentially, lease options work for your Atlanta house by delaying the sale while your tenant covers your mortgage payments and utility costs that you would have paid monthly to hold the property. In addition, depending on the agreement, the tenants are also responsible for maintaining and repairing the property as if it were their own home. However, some contracts have shared responsibility for more significant repairs exceeding a specific amount, such as $500. 

The local professional home buyers at Fresh Start Home Sales understand how lease options can work to your benefit for your Atlanta house. Our full-service in-house network of professionals can help you handle everything, from locating the perfect property to selling through a lease option to property management and everything in between. At Fresh Start Home Sales, we have the connections and the team to do the job. Let us help you earn the highest possible returns on your real estate investments because we win at Fresh Start Home Sales when our investors win. Let the seasoned professional home buyers at Fresh Start Home Sales help you. And don’t forget to ask about our current inventory of the best lease option properties available in Atlanta. Call Fresh Start Home Sales at 678-337-1165.



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Monday, 26 September 2022

Mortgage ready but not enough Downpayment


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Mortgage ready but not enough Downpayment


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Sunday, 25 September 2022

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Friday, 23 September 2022

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Wednesday, 21 September 2022

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Monday, 19 September 2022

Rent To Own Homes Housesforsalenearme renttoownhomes


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Sunday, 18 September 2022

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Saturday, 17 September 2022

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Thursday, 15 September 2022

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Monday, 12 September 2022

Rent To Own Homes housesforsalenearme renttoownhomes


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Sunday, 11 September 2022

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Wednesday, 7 September 2022

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Monday, 5 September 2022

Rent To Own Home 1-2 Down


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Rent To Own Homes for Travel Nurses and their families


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Sunday, 4 September 2022

Rent to Own Homes near me


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Rent to Own Homes near me


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Friday, 2 September 2022

Rent to own Homes for First Time Home Buyers


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Rent to own Homes for First Time Home Buyers


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