Are you planning on selling you Clarksville TN / Oak Grove KY house?
There is a way to sell without listing or selling for less than retail. You can sell your house in Clarksville TN / Oak Grove KY for the price you want! Learn how more and more sellers are using a rent to own agreement to sell their homes!
Who Should Do It?
**People who want to sell their house for a specific price
**People who don’t want to wait while their house sits on the MLS
**Anyone who wants to sell their Clarksville TN / Oak Grove KY house for retail value
**Anyone who doesn’t need the full value of the property up front
How It Works
To put it simply, a rent-to-own contract would look something like this: First, you would set the final price you want to be paid for the home. You will most likely find many buyers who will agree to your asking price, in exchange for the opportunity to own a home of their own. From there, you will set a downpayment or deposit to be paid upfront buy the potential buyer. This deposit is non-refundable unless otherwise negotiated. You will set up a monthly payment plan to last over a specific period of time, typically 1-3 years. During this time, the prospective buyer will pay an elevated monthly “rent” payment. By allowing them to rent-to-own, the tenant will have the time to save up, repair their credit, or fix whatever was stopping them from qualifying for a loan previously. Once the rental period is up, the remaining balance is owed for the sale to be final. The prospective buyer can pay the balance, or default, leaving you to keep the down payment and any other amount paid toward the purchase of the home.
Read original blog at: http://www.clarksvillepropertysolutions.com/sell/using-a-lease-to-sell-your-house-for-the-price-you-want-in-clarksville-tn-oak-grove-ky/